It’s time to ditch the checkbook: taxpayers who request letter rulings, closing agreements, determination letters, advance pricing agreements, and certain other rulings from the Internal Revenue Service (IRS) will soon have to pay electronically.
Read MoreCategory: IRS news/announcements
Anonymous Coinbase Users Seek To Intervene In IRS Efforts To Access Bitcoin Info
Berns Weiss LLP has filed a motion on behalf of two Coinbase customers seeking to intervene in an ongoing dispute over an attempt by the Internal Revenue Service (IRS) to issue a “John Doe” summons on Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum.
Read MoreIRS Crime Team Nabs Award For Investigation Into The Dark Web, Drugs & Bitcoin
Secretary of the Treasury Steven T. Mnuchin helped kick off the third annual Law Enforcement Awards ceremony for the Financial Crimes Enforcement Network (FinCEN). The 2017 award recipients included Internal Revenue Service-Criminal Investigation (IRS-CI), recognized for its work with cyberthreats.
Read MoreDepartment Of Education Moves To Make Student Loan Process Easier While IRS Tool Is Down
Applying for financial aid isn’t going to be as bad as feared this year after all. The Department of Education Department has agreed to allow colleges and universities more flexibility to use as part of their verification procedures while the Data Retrieval Tool (DRT) is unavailable.
Read MoreCan The IRS Commissioner Peek At Trump's Tax Return – Or Yours?
Can IRS Commissioner Koskinen peek at President Trump’s tax returns? Can he peek at yours? Here’s what you need to know about how the IRS protects your taxpayer data from unauthorized access.
Read MoreIRS Says Up To 100,000 Taxpayers Potentially Affected In Student Loan Tool Breach
Internal Revenue Service (IRS) Commissioner John Koskinen has advised that up to 100,000 taxpayers may have been compromised as thieves attempted to access info using the Data Retrieval Tool (DRT). The DRT allows students & their parents to transfer tax data to a financial aid application.
Read MoreCiting Security Concerns, IRS Says Student Loan Tool Will Remain Offline
The Internal Revenue Service (IRS) and Federal Student Aid (FSA) have announced that the Data Retrieval Tool (DRT) on fafsa.gov and StudentLoans.gov will remain unavailable until extra security protections can be added.
Read MoreIRS Tries Again To Make Coinbase Turn Over Customer Account Data
The IRS is trying again to make Coinbase turn over information about certain of its account holders. Citing data that it suggests proves noncompliance with tax laws, IRS wants to review data from U.S. Coinbase account holders who traded in bitcoin from 2013 to 2015.
Read MoreIRS Offers Additional Time For Some Taxpayers Due To Winter Storm Stella
The Internal Revenue Service (IRS) has announced some filing relief for taxpayers affected by Winter Storm Stella.
Read MoreIRS Temporarily Shuts Down Tool Used To Complete FAFSA
If you’re working on that Federal Student Aid (FAFSA) application and hoping to use the Internal Revenue Service (IRS) Data Retrieval Tool, the tool is currently unavailable. The IRS says it is working to resolve the issue.
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