Your only IRS news source! Click on each item to read full story.   IRS Taxpayer Advocate Service Getting Squeezed read story The IRS s increased emphasis on enforcement, rising caseloads, the economy, and recent legislative changes are among the many challenges confronting the Taxpayer Advocate Service, according to a new report.   Former IRS employee gets 42-month prison sentence read story A former IRS employee in Covington has been sentenced to 42 months in prison for helping steal $55,0   IRS Loses Revenue From Foreign Income Claims, read story According to a report released by the United States Treasury Inspector General for Tax Administration (TIGTA), the Internal Revenue Service (IRS) lost an estimated USD90m in revenue in the 2008 tax year because of erroneously claimed foreign earned income tax exclusions.   IRS Issues Guidance On FATCA, read story The United States Treasury and the Internal Revenue Service (IRS) have stated their intent to issue guidance on the reporting requirements imposed on foreign financial institutions (FFIs) by the enactment of the Foreign Account Tax Compliance Act (FACTA) on March 18, 2010 within the Hiring Incentives to Restore Employment (HIRE) Act.   IRS Employee Pleads Guilty to Tax Fraud read story A Memphis IRS employee pleads guilty to filing a false income tax return.   IRS: Plymouth owes $7,900 read story PLYMOUTH — Just when it looked like the town was off the hook with the Internal Revenue Service, the tax problem is back — to the tune of $7,900.   IRS office to open in Cool Springs read story FRANKLIN - An Internal Revenue Service call center will be the first tenant of a planned $13 million, five-story office building slated to open in Cool Springs next year.   IRS: tax-exempt status at risk for Oregon nonprofits read story The Internal Revenue Service says more than 100 Oregon nonprofit organizations are in danger of losing their tax-exempt status.   IRS offers relif for small charities read story Small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program, the Internal Revenue Service announced today.   IRS highlights jobs for new graduates read story The U.S. Internal Revenue Service has announced the availability of a new job search tool on YouTube that is dedicated to helping job seekers learn about employment opportunities at the IRS. read more