You may groan, but inevitably tax season begins again on January 23rd, and this year filers have until April 18th to file. As always, the IRS has issued some useful reminders to taxpayers, including to keep copies of their tax returns for the last three years, and that the gross income from your 2015 return will be needed if you are changing to a different tax software product. IRS commissioner John Koskinen reminds taxpayers about the thousands of IRS employees that work hard to make the filing and refund process fast and efficient, especially given legislative changes such as the EITC refund date. The IRS has also been committed to working with state revenue departments and the tax industry, to try to reduce fraud and abuse throughout the entire system.
The federal government has launched a public analytics dashboard called "Where's My Refund?" The most looked at website powered by the U.S. government, "Where's My Refund?" had 4,561 viewers last Thursday. All federal websites combined had almost 147,000 viewers.
People can now look at what is going on with 300 executive branch domains. A recent White House blog says that anyone can now know how many people are on a particular federal website and also what operating systems, browsers and devices are being used.
Cheating on your taxes isn’t something that most American’s do but according to a new report by the IRS, your chances of getting audited are at a 11 year low. Less than 1% of individuals that file their 2014 taxes will be audited. For wealthy individuals,the chance of getting audited is now down to 7.5%. And for large companies, they now have a 12.2% chance of getting audited. This is a drop from 16.7% four years ago.