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Day: June 24, 2016

IRS Puts Brakes On E-Filing PINs After More Automated Attacks

Kelly Phillips ErbJune 24, 2016

The Internal Revenue Service (IRS) has announced that the Electronic Filing Personal Identity Numbers (e-filing PIN) tool is no longer available on IRS.gov or by toll-free phone.

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As Markets Fall On Brexit News, Understanding When A Loss Isn't Really A Loss

Kelly Phillips ErbJune 24, 2016

In a record-breaking referendum, a majority of voters opted for the United Kingdom to exit the European Union. At the news, markets dropped, worrying investors. But did you actually lose money? Here’s how to understand realized losses from losses on paper.

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IRS Targeting Scandal: Citizens United, Lois Lerner And The $20M Tax Saga That Won't Go Away

Kelly Phillips ErbJune 24, 2016

In 2013, Acting Director of Exempt Organizations at IRS, Lois Lerner, apologized to tax lawyers for the IRS’s inappropriate targeting of political groups. Her comments set off a chain of events that would fire officials and consider impeachment proceedings for IRS Commissioner Koskinen’s actions.

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