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IRS is determined to develop 100 percent tax compliance, by reducing the tax gap between the tax payers and IRS. As per the White House's Office of Management and Budget the tax deficit has piled up to $354bn and the IRS is determined to get it down to...

The National Tax Service (NTS) Commissioner Lee Ju-sung along with the heads of regional tax service decided to changes the prescribed earning report form of the high income earners, especially lawyers who have to give a full report of their retaining...

The tax payers are often fooled by people in the garb of IRS agents; these fake agents send e-mails to extract sensitive financial information. The best thing is not to reply to any such mails as IRS never extracts passwords, credit card information or...

How do you react when your tax refunds are frozen? Similar was the situation of taxpayers from the low-income bracket when the IRS was without any answer about their frozen refunds, after six months of enquiry by the tax payers. But it is good to take it.

The Internal Revenue Service targets 80 percent of tax returns to be filed electronically by 2011 and for this purpose The Internal Revenue Service Oversight Board released its annual report recommending this expansion. This expansion fall under the IRS..