Hurricane Irene is huge. As of last night, 29 million people were under a hurricane warning. The effects of the hurricane are expected to be
Read MoreCategory: IRS news/announcements
IRS Releases Guidance (But No Form) For 2010 Estates
Whew. It has taken awhile but the IRS has finally issued guidance for the treatment of basis for certain estates of decedents who died in
Read MoreIRS Announces Tax Calendars Available (Sort Of)
The IRS has announced that you can now place orders for the 2012 IRS Tax Calendar for Small Business and Self Employed, Publication 1518, beginning
Read MoreIRS Reports Increase In Tax Scams
There is no such thing as free money. Let’s just go ahead and get that out of the way first thing. Our Treasury does not
Read MoreIRS Announces “Fresh Start” Assistance On July 16
Feeling a bit overwhelmed? Not sure how to find answers to your tough questions? The IRS wants to help. On Saturday, July 16 (yes, tomorrow),
Read MoreIRS Targets 100,000 Tax Professionals For Noncompliance
About 1 out of every 8 of the nation’s professional tax return preparers failed to comply with new regulations for 2011, according to information released
Read MoreIRS Drops Investigation Into Contributions (Tax World Drops Jaw)
Hear that? It’s the sound of a pin dropping. Or my jaw dropping. Take your pick. The IRS has announced – unexpectedly – that it
Read MoreTax Scams Making The Rounds Again
Apparently, scammers hope that taxpayers have a short memory. The EFTPS scam that was making the rounds last fall is gaining steam again. This time,
Read MoreFBAR Deadline Looming
Donna (not her real name, of course) has been breaking the law for years. The funny thing is she doesn’t look like your stereotypical criminal:
Read MoreOne Billion Served: IRS Hits Milestone
The Internal Revenue Service has announced that it has now passed the one billion mark for individual tax returns processed through its electronic filing (or
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