IRS reminds taxpayers: Choose a tax professional carefully

The Internal Revenue Service today reminded taxpayers to choose a tax return preparer with care. Even though most […]

Top things all taxpayers need to remember when filing their 2021 tax return

Now that the filing season has begun, there are several key items all taxpayers should keep in mind […]

The extension deadline is coming up – avoid bad apples when choosing a preparer

The extension deadline is coming up – avoid bad apples when choosing a preparer The October 16, 2023, […]

IRS accepting applicants for the 2024 Compliance Assurance Process

The Internal Revenue Service today announced the opening of the application period for the 2024 Compliance Assurance Process […]

Security Summit: Identity Protection PINs are an important tool against tax-related identity theft

Tax pros: The IRS and its Security Summit partners remind you about the Identity Protection PIN Opt-In Program to help protect people […]

Additional information: IRS updates Employee Retention Credit FAQs; part of continuing effort to address compliance issues, tax pro concerns

As part of a continuing effort to address concerns with Employee Retention Credit claims, the IRS announced today the agency […]

Commissioner signals new phase of Employee Retention Credit work

With the IRS making substantial progress in the ongoing effort related to the Employee Retention Credit (ERC) claims, the agency has […]

IRS ends unannounced Revenue Officer visits to taxpayers

As part of a larger transformation effort, the IRS will end most unannounced visits to taxpayers by agency revenue officers to […]

Tax considerations for people who are separating or divorcing

When couples separate or divorce, the change in their relationship status affects their tax situation. The IRS considers a couple […]

Revenue Ruling 2023-14

Revenue Ruling 2023-14  provides that if a taxpayer stakes cryptocurrency native to a proof-of-stake blockchain and receives additional units […]

Security Summit: Tax pros should remain vigilant against phishing emails and cloud-based attacks

n the third installment of a special series, the Security Summit partners warned tax professionals to be aware of evolving […]

Information Returns (IR) Application for Transmitter Control Code (TCC) after August 1, 2023

Payroll Industry, Tax Professionals, Small Business and Self Employed, Tax Exempt and Government Entities, Financial Institutions The August […]

IRS invites public input on ways to improve dispute resolution programs; suggestions wanted

The Internal Revenue Service today invited public input on improvements to certain post-filing alternative dispute resolution (ADR) programs […]

Info to help gig economy workers stay on top of their tax responsibilities

The gig economy – also called sharing economy or access economy – is a popular way for people […]

Best Practices: How to prepare for and what to do when a tax practitioner dies

Disclaimer: This article does not constitute legal advice; it’s provided for general informational purposes only.  Benjamin Franklin famously […]

Electronic Tax Administration Advisory Committee issues annual report with 26 recommendations to Congress and IRS

The Internal Revenue Service Electronic Tax Administration Advisory Committee (ETAAC) today released its annual report for 2023 featuring […]

Tax planning doesn’t stop after a taxpayer files a tax return

Just because a taxpayer filed a tax return doesn’t mean they should forget taxes until next year. What […]

IRS sends special mailing to taxpayers in certain disaster areas

 The Internal Revenue Service is sending a special follow-up mailing to taxpayers in several states affected by disasters […]

IRS last call for taxpayers to claim $1.5 billion in tax refunds from unfiled 2019 tax returns: July 17 deadline rapidly approaching 

The Internal Revenue Service issued a final reminder today to nearly 1.5 million taxpayers across the country to […]

Security Summit partners warn taxpayers of new scam; unusual delivery service mailing tries to trick people into sending photos, bank account information

The Internal Revenue Service warned taxpayers today to be on the lookout for a new scam mailing that […]

Subscribe to IRS on social media and e-news to stay up to date

It’s easy to stay up to date on tax information year-round with the IRS verified social media accounts and e-news services. […]

IRS alerts businesses, tax-exempt groups of warning signs for misleading Employee Retention scams; simple steps can avoid improperly filing claims

WASHINGTON – As aggressive marketing continues; the Internal Revenue Service today renewed an alert for businesses to watch […]