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IRS: Electronic tax scams surge 400%
USA Today)Email and texting scams designed to trick U.S. taxpayers into providing personal data have surged 400% so far this year, the IRS warned Thursday in a renewed consumer alert.
The schemes involve so-called phishing messages designed to trick taxpayers into believing the emails and texts represent official communications from the IRS, tax software companies or others in the tax industry.
7th Circuit Examines Limitation On IRS's Summons Power
(Forbes) The IRS has incredibly broad examination and inspection power. I.R.C. § 7602 allows the IRS to, among other things, “examine any books, papers, records, or other data which may be relevant or material to such inquiry” to ascertain “the correctness of any return, making a return where none has been made, [and determine] the liability of any person for any internal revenue tax . . . .” This power is not absolute, however. A statutory limitation is I.R.C. § 7605(b), which was the focus of the following case.