In 2025, the IRS significantly expanded its use of artificial intelligence (AI), shifting from pilot projects to operational tools in audits, compliance, and taxpayer services. This evolution was driven by the need to close the $688 billion tax gap, improve...
Starting September 2025, the IRS will no longer issue paper refund checks to individual taxpayers. Instead, refunds will be delivered electronically, with direct deposit as the standard method. What This Means for You Electronic refunds only: Faster, more secure, and...
The IRS announced on November 19, 2025, that it has resumed normal operations following the shutdown. Unlike previous government shutdowns, more than half of the agency’s 39,982 employees were retained on regular pay. This was possible through the IRS’ activation of...
This three-part series takes a detailed look at civil penalties, particularly with respect to international information return Form 5471. The statutory framework for civil penalties was discussed in Part One. We now focus on one specific penalty involving failure to...
Introduction This three-part series will focus on IRS civil penalties, mainly as these relate to failure to file international information returns. The framework for civil penalties is discussed first. The focus will then turn to how the framework relates to failure...
