The Internal Revenue Service (IRS) is warning taxpayers about a Social Security number (SSN) scam currently making the rounds. As part of the scam, thieves may call—often
Read MoreMonth: October 2019
Tax Pros, Don’t Forget To Renew Your PTIN
The Internal Revenue Service (IRS) Preparer Tax Identification Number (PTIN) season is open. Tax pros who expect to prepare tax returns for compensation in 2020
Read MoreIRS Announces New Private Collection Agency Payment Option
The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to
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IRS-CI Chased Darknet Bitcoin Transactions To Take Down The Largest Child Exploitation Site On The Web
The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for
Read MoreIRS Encourages Taxpayers To Renew Expiring ITINs Now
The Internal Revenue Service (IRS) has issued a reminder to taxpayers with an expiring Individual Taxpayer Identification Number (ITIN) to submit renewal applications. Failing to renew an ITIN
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IRS Adds Cryptocurrency Question To Form 1040
Days after the Internal Revenue Service (IRS) released two new pieces of guidance for taxpayers who engage in transactions involving virtual currency, the IRS announced
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IRS Issues First Guidance On Cryptocurrency In Five Years
The Internal Revenue Service (IRS) has issued new guidance for taxpayers who engage in transactions involving virtual currency, including cryptocurrency. The new guidance, which is
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College Applications, Taxes, And Filling Out Your FAFSA
My daughter has been sending me steady reminders about filling out the Free Application for Federal Student Aid (FAFSA) form. If you–or your child–plan to attend college or
Read MoreAre You Ready to File For Your Tax Extension?
Are you scared to look your tax professional in the eye? The deadline for taxpayers who requested an automatic six-month filing extension is fast approaching–and
Read MoreIRS Issues New Per Diem Rates
Are you wondering about those updated per diem rates? The new per-diem numbers are now out, effective October 1, 2019. These numbers are to be used for
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