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Service over the phone and at Taxpayer Assistance Centers and safety at TACs are among the issues still in need of improvement by the Internal Revenue Service, according to the latest report to Congress from the Treasury Inspector General for Tax Administration.TIGTA’s “Semiannual Report to Congress” examines IRS activities from Oct. 1, 2024, to March 31, 2025, in the wake of the Inflation Reduction Act pumping some $80 billion in supplemental funding to the agency (which was cut by Congress as of last March to $37.6 billion).Among the findings:1. Toll-free lines. Similar to the 2023 season, expectations were for the IRS…

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week.The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta Beauty, Walgreens, Kroger and Meijer.”When you give specific focus to a crime, it reverberates,” Cook County Sheriff Tom Dart told CNBC. “When they see it is being prosecuted and taken seriously, it deters conduct. They don’t want to get caught.”Organized retail crime — a type of…

Bloomberg via Getty Images Amid the agency’s turmoil this year, the Internal Revenue Service has some good news from 2024 regarding service and collections.The agency helped taxpayers on 62.2 million occasions in FY24, up 3.2% over the prior fiscal year, and took in a new high in revenue, according to its latest annual Data Book detailing agency activities from Oct. 1, 2023, to last Sept. 30.IRS toll-free customer service lines provided live telephone assistance to almost 20 million callers during the fiscal year, up some 11% from 2023. At Taxpayer Assistance Centers, the agency helped more than 2 million taxpayers…

Steph Curry’s Gentleman’s Cut bourbon.Courtesy: Gentleman’s CutSteph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world.Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and Underrated Golf and Basketball. CNBC Sport profiled the company in “Curry Inc.: The Business of Stephen Curry,” a production centered on Curry’s career and business ambitions that airs Wednesday on CNBC at 9 p.m. ET/PT.Thirty Ink generated $173.5 million in revenue in 2024, the company told CNBC Sport. The…