With a week to go before tax season opens, taxpayers were already bracing for a potentially “miserable” filing season. It turns out that it could
Read MoreCategory: IRS news/announcements
IRS Announces 2015 Filing Season Start Date
The Internal Revenue Service (IRS) has finally announced the 2015 filing season start date. And surprise! There’s no delay. Tax season for paper and electronically
Read MoreIRS Beefs Up Website, Will Launch Tax Preparer Database For Tax Season
There’s no start date yet but the Internal Revenue Service (IRS) is already gearing up for what’s certain to be a difficult tax season. Noting
Read MoreIRS Announces 2015 Standard Mileage Rates
It will cost you less at the pump to fill your car next year. The U.S. Department of Energy has issued its predictions for the
Read MoreIRS Commissioner On The Agency's Biggest Challenge: It's A Serious Problem
As Republicans and Democrats fight it out on the Hill over tax extenders, Internal Revenue Service (IRS) Commissioner John Koskinen doesn’t care to take sides.
Read MoreMiserable, Awful & Delayed: Commissioner, Tax Advocate Talk 2015 Tax Season
Worried about the upcoming tax season? So are IRS Commissioner John Koskinen and National Taxpayer Advocate Nina Olson. I sat down with both of them to talk about challenges for the upcoming season, including coping with budget cuts, increased compliance concerns due to ACA, FATCA and the extenders and a delay to the tax season.
Read MoreThose Not-So-Lost IRS Emails: Up To 30,000 Lerner Emails May Have Been Recovered
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Read MoreIRS Warns Taxpayers To Be Diligent As Identity Thieves Add New Twist To Phone Scam
If your phone is still ringing with tax scams and IRS impersonations, you’re not alone. J. Russell George, the Inspector General, has referred to these ongoing schemes as “the largest scam of its kind that we have ever seen.” As IRS and TIGTA try to combat the growing problem of identity theft and tax scams, the fraudsters are hoping to stay a few steps ahead. They’re switching up their schemes in an effort to not get caught. Have you read about their latest efforts?
Read MoreIRS Announces 2015 Tax Brackets, Standard Deduction Amounts And More
The Internal Revenue Service has announced the annual inflation adjustments for a number of provisions for the year 2015, including tax rate schedules, tax tables and cost-of-living adjustments for certain tax items. If you’re looking for 2015 tax rates, here you go!
Read MoreIRS Announces Details About PTIN Renewals & Voluntary Certification
It’s that time of year again! With the 2015 tax filing season just months away, IRS reminds tax preparers that they must have a valid PTIN. And for those seeking voluntary credentials, the AFSP will be opening shortly.
Read More