news.bloombergtax.com Open in urlscan Pro
170.75.226.46  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Skip to content
Bloomberg the Company & Its ProductsBloomberg Anywhere Remote LoginBloomberg
Anywhere LoginBloomberg Terminal Demo Request


 * BLOOMBERG
   
   Connecting decision makers to a dynamic network of information, people and
   ideas, Bloomberg quickly and accurately delivers business and financial
   information, news and insight around the world.
   
   
   FOR CUSTOMERS
   
    * Bloomberg Anywhere Remote Login
    * Software Updates
    * Manage Products and Account Information
   
   
   SUPPORT
   
   Americas+1 212 318 2000
   
   EMEA+44 20 7330 7500
   
   Asia Pacific+65 6212 1000


 * COMPANY
   
    * Bloomberg London
    * About
    * Careers
    * Diversity and Inclusion
    * Gender-Equality Index
    * Philanthropy and Engagement
    * Sustainability
    * Tech
    * Bloomberg Beta
   
   
   COMMUNICATIONS
   
    * Press Announcements
    * Press Contacts
   
   
   FOLLOW
   
    * Facebook
    * Twitter
    * LinkedIn
    * Instagram


 * PRODUCTS
   
    * Bloomberg Terminal
    * Execution and Order Management
    * Data and Content
    * Financial Data Management
    * Integration and Distribution
    * Bloomberg Tradebook
   
   
   INDUSTRY PRODUCTS
   
    * Bloomberg Law
    * Bloomberg Tax
    * Bloomberg Government
    * Bloomberg Environment
    * Bloomberg New Energy Finance


 * MEDIA
   
    * Bloomberg Markets
    * Bloomberg Technology
    * Bloomberg Pursuits
    * Bloomberg Politics
    * Bloomberg Opinion
    * Bloomberg Businessweek
    * Bloomberg Live Conferences
    * Bloomberg Apps
    * Bloomberg Radio
    * Bloomberg Television
    * News Bureaus
   
   
   MEDIA SERVICES
   
    * Bloomberg Media Distribution
    * Advertising


 * COMPANY
   
    * Bloomberg London
    * About
    * Careers
    * Diversity and Inclusion
    * Gender-Equality Index
    * Philanthropy and Engagement
    * Sustainability
    * Tech
    * Bloomberg Beta
   
   
   COMMUNICATIONS
   
    * Press Announcements
    * Press Contacts
   
   
   FOLLOW
   
    * Facebook
    * Twitter
    * LinkedIn
    * Instagram


 * PRODUCTS
   
    * Bloomberg Terminal
    * Execution and
      Order Management
    * Data and Content
    * Financial Data
      Management
    * Integration and
      Distribution
    * Bloomberg
      Tradebook
   
   
   INDUSTRY PRODUCTS
   
    * Bloomberg Law
    * Bloomberg Tax
    * Bloomberg Government
    * Bloomberg Environment
    * Bloomberg New Energy Finance


 * MEDIA
   
    * Bloomberg Markets
    * Bloomberg
      Technology
    * Bloomberg Pursuits
    * Bloomberg Politics
    * Bloomberg Opinion
    * Bloomberg
      Businessweek
    * Bloomberg Live Conferences
    * Bloomberg Apps
    * Bloomberg Radio
    * Bloomberg Television
    * News Bureaus
   
   
   MEDIA SERVICES
   
    * Bloomberg Media Distribution
    * Advertising


 * BLOOMBERG
   
   Connecting decision makers to a dynamic network of information, people and
   ideas, Bloomberg quickly and accurately delivers business and financial
   information, news and insight around the world.
   
   
   FOR CUSTOMERS
   
    * Bloomberg Anywhere Remote Login
    * Software Updates
    * Manage Contracts and Orders
   
   
   SUPPORT
   
   Americas+1 212 318 2000
   
   EMEA+44 20 7330 7500
   
   Asia Pacific+65 6212 1000


We use cookies.Learn More Accept



News Podcasts
Research Tools

Log In
Sign Up For Newsletter
Bloomberg Law
 * Antitrust
 * Artificial Intelligence
 * Banking Law
 * Bankruptcy Law
 * Before the Bar
 * Benefits & Executive Comp
 * Bloomberg Law Analysis
 * Business & Practice
 * Cannabis
 * Capital Markets
 * Class Action
 * Crypto
 * Daily Labor Report ®
 * Energy
 * Environment & Energy
 * ESG
 * Federal Contracting
 * Health Law & Business
 * Immigration
 * In-House Counsel
 * Insurance
 * International Trade
 * IP Law
 * Legal Ethics
 * Legal Ops & Tech
 * Litigation
 * Mergers & Acquisitions
 * Occupational Safety
 * PFAS Project
 * Pharma & Life Sciences
 * Privacy & Data Security Law
 * Private Equity
 * Product Liability & Toxics Law
 * Securities Law
 * Social Justice & Diversity
 * Tech & Telecom Law
 * US Law Week
 * White Collar & Criminal Law

Bloomberg Tax
 * Daily Tax Report ®
 * Daily Tax Report: International
 * Daily Tax Report: State
 * Financial Accounting
 * Payroll
 * Tax Insights & Commentary
 * Tax Management International
 * Tax Management Memo
 * Transfer Pricing

 * Federal Tax
 * State Tax
 * International Tax
 * Financial Accounting
 * Payroll
 * News/Insights

Daily Tax Report ®
Photo Illustration: Jonathan Hurtarte/Bloomberg Tax; Photos: Getty Images
Sept. 5, 2023, 7:01 PM


IRS MUST ALTER TRAINING TO TARGET RICH TAXPAYERS, WATCHDOG SAYS

By Erin Slowey

Erin Slowey
Reporter

Share To:Facebook
LinkedIn
Twitter
PrintEmail


The IRS needs to change how it trains revenue agents to examine high-income
taxpayers, the Treasury Inspector General for Tax Administration said in a
report released Tuesday.

The Democrats’ Inflation Reduction Act allocated about $80 billion over a decade
to help modernize the IRS, with about $45.6 billion for enforcement activities.
But House Republicans and the White House agreed in May to cut the total
infusion by about a quarter of the original funds.

TIGTA made six recommendations to revise how the IRS plans to target individual
high-income earners over $400,000 who may be delinquent on taxes ...


LEARN MORE ABOUT BLOOMBERG TAX OR LOG IN TO KEEP READING:


LEARN ABOUT BLOOMBERG TAX

From research to software to news, find what you need to stay ahead.

Learn more


ALREADY A SUBSCRIBER?

Log in to keep reading or access research tools.

Log In
© 2023 Bloomberg Industry Group, Inc.
All Rights Reserved


MORE FROM BLOOMBERG TAX


MOST READ STORIES IN DAILY TAX REPORT ®


TAX PROS FEAR HIGH COURT WILL GO TOO FAR IN TRANSITION-TAX CASE

Tax practitioners are getting increasingly anxious about a major foreign income
tax case before the Supreme Court that they fear could tear down wide swaths of
the tax code, as a deadline approaches for parties to weigh in.


GLOBAL TAX DEAL AND TAIWAN TOP CONGRESS’ FALL TAX TO-DO LIST

Congressional tax-writers start their trek back to Washington this week with
plans to consider a Taiwan tax bill, scrutinize the global tax deal, and hash
out funding for the IRS.


IRS MUST ALTER TRAINING TO TARGET RICH TAXPAYERS, WATCHDOG SAYS

The IRS needs to change how it trains revenue agents to examine high-income
taxpayers, the Treasury Inspector General for Tax Administration said in a
report released Tuesday.


LATEST STORIES IN DAILY TAX REPORT ®


FOX ROTHSCHILD BRINGS ON TRUST, ESTATE PARTNER IN WILMINGTON

Denise D. Nordheimer has joined Fox Rothschild as a partner in the taxation and
wealth planning department in Wilmington, Del., according to a news release.


NORTON ROSE CEO GERRY PECHT EXITS, LAW FIRM SHUFFLES LEADERSHIP

Gerry Pecht, Norton Rose Fulbright’s global chief executive officer, has left
the law firm.


KRAMER LEVIN ADDS TAX PARTNER MARCUS SCHMIDBAUER TO PARIS OFFICE

Marcus Schmidbauer has joined Kramer Levin as a tax partner in the Paris office,
the firm said Monday.

Browse More Stories in Daily Tax Report ®
Sign Up For Newsletter
Submit A News TipDo Not Sell My Info (CA)
About UsContact Uspro.bloomberglaw.com
24/7 BLAW® HELP DESK 888.560.2529 help@bloomberglaw.com
Terms of Service • Privacy Policy
Copyright • Accessibility
© 2023 Bloomberg Industry Group, Inc.
 
All Rights Reserved