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IRS announces an update to the Form 14457, Voluntary Disclosure Practice Preclearance Request and Application
IR-2022-33, February 15, 2022 — The Internal Revenue Service announced today that Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, has been revised, including expanding a section on reporting virtual currency.
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News Media, Tax Professionals, Individuals
IRS offers how-to videos to help taxpayers apply for Offers in Compromise and avoid scams
IR-2021-229, November 17, 2021 — The Internal Revenue Service today unveiled a new how-to video series enabling taxpayers to avoid potential scams by considering and applying for an Offer in Compromise (OIC) themselves and avoid paying excessive fees to companies advertising outlandish claims.
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News Media, Individuals