IRS clarifies its stand on whether airline miles are taxable


By Joanne Huist Smith, Staff Writer Updated 8:38 AM Monday, January 30, 2012 The number of taxpayers saddled with an Internal Revenue Service audit has been growing gradually during the last decade and is almost double audits conducted in 2001.

On Earned Income Tax Credit Awareness Day, IRS and Partners Launch Outreach Campaign to Low- and Moderate-Income Workers.

In a blistering audit report, the Internal Revenue Service says Food for the Hungry, the big Phoenix-based charity, overstated the value of donated goods receiv.

On Earned Income Tax Credit Awareness Day, IRS and Partners Launch Outreach Campaign to Low- and Moderate-Income Workers.

By Michael Cohn, Accounting Today The Internal Revenue Service has increased its forecasts for the number of information-reporting forms it expects to receive this year and in subsequent years as a result of increased reporting requirements.