Did you owe an estimated tax penalty for 2018 but didn’t claim the waiver? All is not lost. The Internal Revenue Service (IRS) has announced that it
Read MoreYear: 2019
Chrisley Knows Best Stars Todd & Julie Chrisley Facing Tax Evasion & Other Charges
A federal grand jury has indicted reality television stars Todd and Julie Chrisley on multiple counts of conspiracy, bank fraud, wire fraud, and tax evasion.
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IRS Reminds Taxpayers To Act Now To Avoid Losing Your Passport
The Internal Revenue Service (IRS) has issued a reminder to taxpayers with significant tax debts: reach out now to avoid losing your passport. On December 4, 2015,
Read MoreUse New Tax Withholding Estimator From IRS To Avoid Tax Surprises In 2020
Remember all of the times that the Internal Revenue Service (IRS) reminded you to do a payroll checkup? And remember that you didn’t? The IRS
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Scammers Are Sending Fake IRS Letters
Correspondence season is in full swing. That means that the Internal Revenue Service (IRS) is sending out bills and notices to taxpayers, including letters focused on cryptocurrency reporting.
Read MoreWhat’s Old Is New Again: Form 1099-NEC Makes A Comeback
My daughter asked for a pair of throwback Nike sneakers this week to match her ringer tees and scrunchies. Not to be outdone, my son
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District Court Judge To IRS: You Have To Follow The Rules
On Monday, I gave a speech in front of the National Association for Enrolled Agents (NAEA) about challenges in the tax profession. One of the
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IRS Is Still Enforcing Healthcare Tax Rules, Including Penalties
If you’re on the receiving end of a letter from the Internal Revenue Service (IRS), you’re not alone: it’s correspondence season. And the latest batch
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IRS Warns More Than 10,000 Taxpayers Who Might Have Failed To Report Cryptocurrency Income
Taxpayers who deal – or even dabble – in virtual currency may be on the receiving end of a letter from the Internal Revenue Service
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IRS To Target S Corporations & Foreign Disclosures In New Compliance Campaigns
The Internal Revenue Service (IRS) Large Business and International division (LB&I) has announced six additional compliance campaigns for taxpayers. A compliance campaign is a targeted directive on
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