All is not lost. The Internal Revenue Service (IRS) has announced that taxpayers get one more day in 2018.
Read MoreCategory: IRS news/announcements
Proposal Would Improve, Modernize IRS
The Ways and Means Committee has released a draft of The Taxpayer First Act, outlining steps they believe will improve the IRS, including modernizing information technology, infrastructure, and services. Here are some of the highlights.
Read MoreIRS Announces 'Dirty Dozen' Tax Scams
Tax moves that sound too good to be true? Chances are they’re on the Internal Revenue Service (IRS) “Dirty Dozen” scam list for 2018.
Read MoreIRS Ends Offshore Voluntary Disclosure Program
The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018.
Read MoreIRS Grants Extra Time To File Following Winter Storms
The IRS is providing limited tax relief to victims and tax professionals affected by last week’s storm that primarily hit portions of the Northeast and Mid-Atlantic.
Read MoreIRS Announces 2018 Tax Rates, Standard Deductions, And More
The Internal Revenue Service (IRS) has (finally!) announced a number of tax-related provisions for 2018, including, of course, the latest tax rate schedules and tax tables. This announcement is the official interpretation of the Tax Jobs and Cuts Act of 2017.
Read MorePhone Scams Top IRS Dirty Dozen
The Internal Revenue Service (IRS) is reminding taxpayers about continuing aggressive phone scams. Those phone scams are “a major threat to taxpayers” and as such, continued to hold down a top spot on the IRS “Dirty Dozen” list of tax scams for the 2018 filing season.
Read MoreIRS Releases New Withholding Calculator And Form W-4
The Internal Revenue Service (IRS) has released an updated Withholding Calculator and form W-4 which reflect changes under the new tax law.
Read MoreCoinbase Will Turn Over Court-Ordered Data
In the battle between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum, Coinbase has announced that it has officially notified affected customers that it will comply with a court order.
Read MoreBe Prepared To Prove Your Identity When Calling The IRS
With tax refund scams on the rise and identity theft a pressing concern, be prepared to answer more questions when you reach out to the Internal Revenue Service (IRS).
Read More