IRS
Commissioner John Koskinen recently discussed the major concerns the IRS has as
it readies itself for the upcoming tax filing season. The proliferation of tax
scams is a big concern with millions of taxpayers already having been taken in
by scammers impersonating IRS agents. According to Koskinen, these scammers
make threatening phone calls, trying to intimidate victims into providing
personal financial information that can be used to steal identities.
A
second area of concern is the IRS's involvement in handling the premium tax
credits under the Affordable Care Act.
Some taxpayers who were given advances on the credits based on income estimates
may find that they may be receiving smaller refunds or owing the IRS money
after filing their 2014 tax returns.
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