Maryland Daily Record Maryland's trusted source for business and legal news
The U.S. Senate confirmed Daniel Werfel to serve as commissioner of the Internal Revenue Service by a vote of 54-42.
Read More »IRS nominee Daniel Werfel confirmed by Senate vote
IRS mandatory presidential audit policy goes under spotlight
An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.
Read More »Trump tax audits required by IRS were delayed, panel says
Biden nominates Werfel as IRS Commissioner
President Joe Biden nominated a new commissioner to steer the Internal Revenue Service forward as it gets a massive funding boost.
Read More »IRS ups standard deductions, tax brackets due to inflation
Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward because of persistently high inflation.
Tagged with: inflation IRS Taxes
Read More »IRS initiates safety review after threats to workers
The Internal Revenue Service said it was conducting a comprehensive review of safety at its facilities in response to an increasing number of threats born of conspiracy theories.
Tagged with: IRS
Read More »Tougher IRS enforcement central to Democrats’ economic package
After more than a decade of mostly losing out, the IRS may finally get the cash infusion it's long wanted in the Democrats' economic package.
Read More »On Tax Day, an extension may be better than rushing a return
Monday is Tax Day, and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.
Read More »Professor sees exam questions online, sues students
Welcome to Monday, the 42nd anniversary of the day J.R. Ewing was shot on the television series “Dallas.” Here are some other news items. — Professor sues students for copyright infringement by posting his exam questions online. — Former law ...
Tagged with: copyright infringement illegal enrichment IRS J.R. Ewing Larry Hagman Lebanon pregnancy bias tax audit
Read More »Taxpayers face overloaded IRS as filing season opens
An IRS worker shortage, an enormous workload from administering pandemic-related programs and stalled legislation will combine to cause taxpayers pain this filing season.
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