FLL Business Solution

05/29/2026

TIGTA, the Treasury Inspector General for Tax Administration, plays a very important role in overseeing the IRS and promoting accountability within the federal tax system. We often talk about tax compliance from the taxpayer’s side, but it is just as important to remember that the IRS itself is also subject to independent review.
This is even more relevant now that the IRS is incorporating artificial intelligence and advanced data analytics into its processes. According to TIGTA reporting, as of February 2024, the IRS had 30 active AI projects and 38 planned AI projects. TIGTA has also reviewed AI models used by the IRS for examination case selection.
In other words, both the world and the tax world have changed. Technology can help the IRS identify risks, improve processes, and make tax administration more efficient, but it also raises important questions about transparency, accuracy, fairness, and taxpayer rights.
That is why TIGTA’s recommendations matter. Its findings can influence IRS procedures, taxpayer services, audits, refund processing, tax credits, and compliance controls. In this new environment, independent oversight is not optional; it is essential to make sure technology is used responsibly and that taxpayers are treated fairly.

05/29/2026

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk.

The IRS is constantly looking for a reason to audit you. There are several red flags that can identify your tax return as one that needs additional attention. Knowing these indicators can help you avoid the unwanted scrutiny.

05/25/2026

Taxpayers who can't pay their tax debt in full may qualify for an offer in compromise to help settle their debt for less than the full amount owed. Use the Offer in Compromise Pre-Qualifier Tool to check eligibility and prepare a preliminary proposal. Taxpayers should also review the latest Form 656-B, Offer in Compromise Booklet, which includes additional information on requirements, application process, costs and required forms.

Learn more from this tax tip: https://ow.ly/3Sxp50YZJ4Y

05/22/2026

There's still time to lower your tax obligation. Here are five great ideas to consider.

Now is a great time to assess your current tax situation and address any lingering tax questions that may improve your tax picture this year. Here are five things to consider.

05/20/2026

The IRS finalized its 2026 No Tax on Tips rules. We cover who qualifies and what employers should do now. Also learn about affordable employee benefits that actually matter.

Running a business means navigating two ongoing challenges – understanding tax rules that somehow keep getting longer, and figuring out how to keep employees engaged. In this issue, we break down the IRS’s finalized No Tax on Tips rules for 2026, including which occupations officially qu...

05/15/2026

05/15/2026

The gift tax is one of the most misunderstood provisions in the tax code. Here is what you need to know.

Presenting a gift to a grandchild does not normally have us thinking about the taxes. However, if not careful, the over-generous gift giver could end up with a surprise tax bill and a note from the IRS.

05/14/2026

The $25bn auction comes hours after data showing sharpest rise in producer prices since Russia’s invasion of Ukraine

05/14/2026

USA federal income taxes 2026