Earlier this week, I reported that Treasury Secretary Steven Mnuchin was still considering extending the tax season. Reactions to this idea were mixed. So, for today’s Fix The Tax Code Friday question, I want to know your opinion:
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Just in time for the busiest weekend for the Internal Revenue Service (IRS), Commissioner Chuck Rettig issued a message to taxpayers. In the video previously posted on YouTube (but no longer available), Rettig shares important information for the 2019 tax filing season. There are, he says, three things can you count on this filing season:…
My kids are still trying their best to soak up the last few days of summer. Lucky for them, school won’t start until after Labor Day which means that they have another 20 days left, not, mind you, that anyone is counting. In other towns and cities across the country, some students are already heading…
So you’re really fired up about those new 1099 reporting requirements for 2012, right? The ones that are going to cause all of those headaches for you and your small business? You’ve bellyached about it on twitter. You’ve railed against it on a number of blogs. You’ve griped about it on Facebook. You’ve passed along…
I just received an email with the subject line “Confidential Information” in my inbox. The attachment was a form which requested a long list of information including: Billing Address Social Security Number Mother’s Maiden Name Drivers License Social Security Number Phone Number Credit Card Number with Signature Panel Code and Expiration, plus PIN Bank Name…
On Saturday, June 5, approximately 200 IRS Taxpayer Assistance Centers will host an open house 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. Click here for a list of participating…
If you’re going to cheat, we’re not going to make it easy for you. That’s the message that the US Court of Appeals (DC Circuit) sent to potential tax evaders late last week. The Court refused to grant the law firm of Mayer Brown access to certain Internal Revenue Service (IRS) documents under the Freedom…
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Reading about the ridiculousness of the IRS sending out notices with amendments instead of just not sending the notices at all, I wondered why they found time to do all that but they still can’t seem to find the time to process a tax refund that was sent in March!