The IRS has released an early release draft of the 2018 IRS Form 1040. Here’s a look, as well as a summary of how it’s like the current form – and how it’s different.
Read MoreCategory: IRS news/announcements
Tax Advocate Calls For IRS Funding, Better Customer Service
“The IRS doesn’t have enough employees to provide basic taxpayer service.” That was the message coming from National Taxpayer Advocate (NTA) Nina E. Olson in her mid-year report to Congress. Here’s what else she said about IRS and taxpayers.
Read MoreTreasury Touts New Postcard-Size Tax Return
The Republicans promised that tax reform would yield a new, postcard-sized form 1040, and now, Treasury Secretary Steven Mnuchin says they will deliver.
Read MoreIRS Announces Interest Rates For Late Payments And Tax Refunds
The Internal Revenue Service (IRS) has the interest rates for the third calendar quarter. Here’s what it means for taxpayers who owe money – and for those who are owed money.
Read MoreIRS Warns Taxpayers To Watch Out For Scams
Now that tax season is over, the Internal Revenue Service (IRS) is warning taxpayers to remain on alert for phishing emails and telephone scams.
Read MoreHow To Read & Respond To Your IRS Notice
Have a notice from IRS show up in your mailbox? Those generally require a response. Here’s what you need to know.
Read MoreIRS Will Issue SALT Transaction Guidance
The Internal Revenue Service (IRS) has advised that it intends to propose regulations which will address attempts to re-characterize state and local tax payments following tax reform.
Read MoreIt’s Time For A Checkup On Your Taxes
Did you itemize your deductions on a Schedule A last year? If so, the Internal Revenue Service (IRS) encourages you to do a quick checkup on your taxes to avoid any nasty surprises at year end.
Read MoreIRS Warns On Form Scam
The Internal Revenue Service (IRS) is warning about a new identity theft scam targeting international taxpayers and non-resident aliens. Here’s what you need to know.
Read MoreIRS Warns On Another Twist On Tax Phone Scams
There’s a new twist on the old IRS phone scam making the rounds. Here’s what you need to know.
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