The IRS will open approximately two hundred IRS Taxpayer Assistance Centers across the country today to provide help to individual taxpayers dealing with notices and payments, return preparation and a variety of other tax issues. Each office will be open from 9:00 a.m. until 2:00 p.m. local time. To find a center near you, click here.
At the start of tax season, I reported that the IRS was using new technology focused on photo identification for verification. Specifically, taxpayers who wanted to access online services were advised to create a new ID.me account. IRS referred to ID.me, a self-described “secure digital identity network,” as a “trusted technology provider in helping to…
It’s baaaaack! The IRS has announced that professional tax return preparers can now renew their Preparer Tax Identification Numbers (PTINs) for the 2012 filing season. PTINs must now be renewed annually as part of the IRS’ plan to raise revenue regulate professional tax preparers. Tax preparers who fall under the registration rules are those prepare,…
The Internal Revenue Service has issued a statement regarding additional reports of unauthorized access of taxpayer information using the “Get Transcript” application. Follows is the statement in full: Following an incident involving the IRS’s “Get Transcript” web application discovered in May, the IRS conducted an extensive review covering the 2015 filing season to assess whether…
Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years after the first gasoline-powered car was tested in the U.S., Studebaker entered the car manufacturing business and it was, at one point, the largest automobile maker in the world. By…
We survived Irene. Five days without power and water felt like an eternity but we were very lucky to otherwise not sustain any real damage. My kids were safe albeit a little cranky. I realize that not everyone was so lucky and my thoughts and prayers are with all of you who suffered injury or…
Today, the Internal Revenue Service announced that approximately 275,000 formerly tax-exempt organizations have lost their charitable status as a result of failing to file the proper forms. Loss of tax-exempt status can spell disaster for some organizations: not only does it mean that the organization must file income tax returns and pay tax but perhaps…