News / IRS

Source: irs.gov - Jan 24, 2017

You can get various transcript types online or by mail. If you need your prior year Adjusted Gross Income (AGI) to e-file, choose the tax return transcript type when making your request. The... Read more >

Category: IRS

Source: irs.gov - Jan 9, 2017

The IRS will begin to release EITC/ACTC refunds starting Feb. 15. However, the IRS cautions taxpayers that these refunds likely won’t arrive in bank accounts or debit cards until the week of... Read more >

Category: IRS

Source: foxbusiness.com - Dec 12, 2016

Year-end tax planning often involves doing things to reduce your tax bill, and one easy way to get a tax break is to make gifts to charity. In this segment of Industry Focus: Financials Opens a... Read more >

Category: IRS

Source: irs.gov - Dec 2, 2016

Tax Scams/Consumer Alerts If it sounds too good to be true, it probably is! In recent years, thousands of people have lost millions of dollars and their personal information to tax scams and fake... Read more >

Category: IRS

Source: irs.gov - Dec 2, 2016

Take Steps Now for Tax Filing Season Get ready today to file your 2016 federal income tax return. Español Individual Tax Identification Number (ITIN) What You Need to Know Processing... Read more >

Category: IRS

Source: irs.gov - Nov 18, 2016

IR-2016-151, Nov. 16, 2016 WASHINGTON — The Internal Revenue Service and its Security Summit partners today began the second year of their “Taxes. Security. Together.” campaign aimed at... Read more >

Category: IRS

Source: irs.gov - Nov 18, 2016

Note to Editor: This is the second in a series of reminders to help taxpayers prepare for the upcoming tax filing season. IR-2016-150, Nov. 16, 2016... Read more >

Category: IRS

Source: tax-news.com - Nov 14, 2016

The US Internal Revenue Service (IRS) has not put adequate controls in place to ensure that businesses properly claim the Domestic Production Activities Deduction (DPAD) on their tax returns,... Read more >

Category: IRS

Source: forbes.com - Nov 11, 2016

The election between the two most unpopular candidates in US history is now, mercifully, over. Millions of people are ecstatic, although even more are disappointed based on the popular vote.... Read more >

Category: IRS

Source: tax-news.com - Nov 4, 2016

In Notice 2016-66, the US Internal Revenue Service (IRS) has warned that the use of so-called "micro-captive transactions" have "a potential for tax avoidance or evasion," as it believes they may... Read more >

Category: IRS

Source: bankrate.com - Nov 4, 2016

As a certified public accountant and former Internal Revenue Service agent, I know firsthand the thrills that come along with a tax audit. And more importantly, I understand the eerie feeling when... Read more >

Category: IRS

Source: irs.gov - Oct 19, 2016

The income and/or payment information we have on file doesn’t match the information you reported on your tax return. This could affect your tax return; it may cause an increase or decrease in... Read more >

Category: IRS

Source: sbnation.com - Oct 12, 2016

Any United States athlete who wins an Olympic medal receives all of the glory that comes with accomplishing such a feat. They also currently receive a tax bill with it. That will change starting in... Read more >

Category: IRS

Source: irs.gov - Oct 10, 2016

IR-2016-130, Oct. 7, 2016 WASHINGTON — The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 17 to double check their returns for often-overlooked tax... Read more >

Category: IRS

Source: nola.com - Aug 26, 2016

Even if you’ve done all your own taxes throughout your working life, it’s still a good idea to turn to a professional when you retire. Why? Because the rules are different in the golden years... Read more >

Category: IRS