IRS Advises Taxpayers To Watch Out For Schemes
The Internal Revenue Service (IRS) has issued an alert about a new email scheme targeting taxpayers. Here’s what you need to know to protect yourself.
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IRS Issues Guidance On Prepayment Of Property Taxes
To prepay or not to prepay state and local taxes? That’s been the burning question over the past week. The Internal Revenue Service (IRS) now has an answer as to whether it might accept prepayment as a tax strategy – and not surprisingly, it’s maybe.
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IRS Announces 2018 Mileage Rates Even Though Tax Reform Talks May Limit Use
The Internal Revenue Service (IRS) has issued the 2018 optional standard mileage rates. They are effective beginning January 1, 2018 – even if some of them might not be applicable to taxpayers under the current tax reform proposals.
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IRS Wins Big In Bid For Coinbase Customer Data
The IRS has notched a win in its battle for data from Coinbase. The IRS may legally investigate Coinbase account holders who may not have paid federal taxes on their virtual currency profits, but the scope of the summons has been dramatically narrowed.
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Despite Rumors, IRS Has Not Announced 2018 Filing Season Start Date
Think you know when tax season will open and tax refunds will be released? Not so fast, says IRS. A number of sites are posting dates and charts but IRS says they are not yet set for 2018.
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IRS Preps For 2018 Tax Filing Season, Announces PTIN Renewal Is Underway
The Internal Revenue Service has announced that the Preparer Tax Identification Numbers (PTINs) for 2018 is underway. All current PTINs will expire on December 31, 2017.
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IRS Announces Taxpayer Relief For Victims Of California Wildfires
As deadly wildfires continue to ravage parts of California, the Internal Revenue Service (IRS) has announced that victims of those fires now have until January 31, 2018, to file certain individual and business tax returns and make certain tax payments.
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After Pressure Over Security Concerns, IRS Suspends Equifax Contract
The IRS has announced that it has suspended its contract with Equifax after reports that the credit reporting bureau had been the subject of security concerns twice in the span of a few months.
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IRS Announces New Per Diem Rates For Taxpayers Who Travel For Business
Every year, the IRS updates the per diem rates to reflect cost of living adjustments. New per-diem numbers for business travelers are now out and are effective October 1, 2017.
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IRS Announces All Of Georgia Now Eligible For Disaster Tax Relief
The IRS has extended tax relief in the wake of Hurricane Irma to the entire state of Georgia.
