IRS News

When a copy of your tax return isn't sufficient proof of your income, obtain a certified copy from the Internal Revenue Service. The IRS offers two classifications of proof – a tax transcript and a certified return. A tax transcript, which the IRS provides free of charge, includes only an…

New and not-so-new ideas: Allow the Bush-era tax rate cuts for higher-income earners to expire, making the top individual income tax rate 36.9 percent. Institute the "Buffett Rule" to add a new tax rate for households making more than $1 million a year. Buffett is a true American who says he…

IRS Releases FY2013 2006 Enforcement Stats The IRS has released Fiscal Year 2013 Enforcement and Service Results, showing among other things: Individual audit rate:  0.96% (lowest since 2005) Large corporation audit rate: 15.8% (lowest since 2009) Revenue from audits:  $9.8 billion (lowest since 2003) Number of IRS agents:  19,531 (lowest since…