The IRS has awarded millions of dollars’ worth of contracts to Palantir Technologies, a company embroiled in controversy over reports that it is helping the Trump administration build a searchable database of tax data and other information about U.S. citizens.
Read more: https://taxnotes.co/4roK8Ye
Citizens for Equality in Tax Enforcement has urged
@ronwyden.bsky.social to investigate why the IRS has failed to finalize proposed regulations that would designate Malta pension plans as a listed transaction.
Read the story in @taxnotes.com bit.ly/4a9F2ZR
When the IRS moved to curb abuse of Malta pension plan arrangements, advisers turned to a powerful Washington tax lobbyist for help.
@laurenloricchio.bsky.social & @chandrawallace.bsky.social explain how Kenneth Kies was engaged by a company offering Malta pension plans: https://taxnotes.co/4aEAN8O
When the IRS moved to curb abuse of Malta pension plan arrangements, advisers turned to a powerful Washington tax lobbyist for help.
Read the investigation for free in @taxnotes.com taxnotes.co/4aEAN8O
Don't miss @cadystanton.bsky.social's two-part series Priced Out: How a 1990s Housing Policy is Worsening the Housing Crisis
Congress Gave Developers Flexibility. It’s Costing People Their Homes. bit.ly/49H0ANk
Absent Congress, Protecting LIHTC-Funded Housing Has Fallen to States bit.ly/4keXnIn
Tax Notes is launching a #FOIA newsletter in the new year!
If you work in tax, law, public policy, or journalism, this newsletter is for you! Subscribe to get access to the latest documents and stories based on our findings. @taxnotes.com
bit.ly/4jetKq7
Investigations initiated by the IRS into abusive tax schemes fell by 63 percent from the previous year, according to an annual report released December 12.
Read the story in @taxnotes.com bit.ly/4oWaiQ8
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org
show.
Story in @taxnotes.com taxnotes.co/3XdFjUq
Our latest @taxnotes.com investigation into Puerto Rico's Act 60 tax incentives examines legal opinions used by wealthy investors to dodge their tax obligations.
Check out the story from me, Sarah Paez, and @chandrawallace.bsky.social, now outside the paywall: bit.ly/4ouqd96
Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS.
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
An IRS effort to increase audits of passthrough entities had just launched when a conservative lobbying effort was mobilized to dismantle it.
Read the story outside the @taxnotes.com paywall bit.ly/47i6ou7
A Texas resident is having buyer’s remorse after purchasing “sovereign tribal tax credits” and learning the credits may not be respected by the IRS. Story in
@taxnotes bit.ly/3INo3li
A Look Inside the IRS Response to Trump’s DEI Orders
Read the story for free in @taxnotes.com bit.ly/3IrqcTv
A Texas lawyer concluded that the tribal tax credits being sold by White River Energy Corp. “are real and recognized by the U.S. Congress and Government,” even though the IRS says the credits don’t exist.
Story in @taxnotes.com
bit.ly/4gnXyz3
Hundreds of thousands of taxpayers who are victims of identity theft and are facing long waits to get their refunds. Staff reductions and budget cuts could make things worse.
My latest for @taxnotes.com bit.ly/4fL6wGc
The IRS’s largest compliance division is poised to have less staff than it did in 2018, after its employees have left through voluntary separations imposed by the Trump administration.
Story in @taxnotes bit.ly/4m4HZOI
Andrew De Mello has been removed as acting IRS chief counsel and replaced by Kenneth Kies, Treasury assistant secretary for tax policy, a move that was announced internally last month by IRS Commissioner Billy Long.
Story in @taxnotes.com bit.ly/46ODdAc
Reviews of the IRS’s artificial intelligence and data analytics may be limited under changes implemented by the Trump administration. Story in @taxnotes.com bit.ly/4nHYMIJ
Congressional Republicans are poised to pass an expansion of a popular 40-year-old tax credit. But shortcomings in data and reporting mean no one is sure exactly how effective it is.
The latest from @cadystanton.bsky.social bit.ly/3I6YMlq
The National Taxpayer Advocate calls for improvements to the IRS's FOIA program in her 2026 objectives report to Congress.
The report cites the @taxnotes series Faults in FOIA, which highlighted problems with FOIA at the IRS.
Read the series: taxnotes.com/tax-notes-ex...
ICYMI: Staffing cuts at the IRS may be limiting oversight of the clean energy credit transfers even before Congress votes on whether to repeal the Inflation Reduction Act provisions that authorized them. Story from @chandrawallace.bsky.social and me: bit.ly/4n2Rn6D
An information sharing agreement between the IRS and the Department of Homeland Security allowing the DHS to request address information from the IRS for purposes of immigration enforcement has sowed fear among immigrants, complicating return filing this year. Story in @taxnotes.com bit.ly/45vJ64F
President Trump and the GOP have vowed to cut off federal benefits for undocumented immigrants and ensure that funding goes to U.S. citizens in need. The changes would be felt by children who are citizens, experts and advocates say, and tighten eligibility for federal health insurance programs.
Artificial intelligence tools like chatbots are supposed to become more effective over time. Data indicate the IRS’s are getting worse, just as the agency is increasingly relying on them amid staffing cuts.
Read @laurenloricchio.bsky.social's latest investigation: www.taxnotes.com/featured-new...
Artificial intelligence tools like chatbots are supposed to become more effective over time. Data indicate the IRS’s are getting worse, just as the agency is increasingly relying on them amid staffing cuts. Story in @taxnotes.com bit.ly/3Fk7QSS
Probationary IRS employees who were fired and later placed on paid administrative leave have been directed to return to work by the end of the week.
Read more: www.taxnotes.com/featured-new...
The IRS acting chief counsel has indicated that a reduction in force could affect attorney positions in associate chief counsel offices, according to an email obtained by Tax Notes.
@laurenloricchio.bsky.social has the story: www.taxnotes.com/tax-notes-to...
The IRS acting chief counsel has indicated that a reduction in force could affect attorney positions in associate chief counsel offices, according to an email obtained by @taxnotes.com
bit.ly/3S7IXfX
White House Pressure Forces Some LB&I Employees Out
Now outside the paywall bit.ly/44r0oj7
IRS and Treasury employees can reach @taxnotes.com reporters securely via the Signal app at TaxNotesNews.09
IRS employees in the division responsible for ensuring that large businesses, complex partnerships, and wealthy individuals pay their taxes say pressure from the Trump administration is causing people to leave. Story in @taxnotes.com bit.ly/4lOC40E
