IRS Says No To Big Withholding Form Changes Until 2020 Tax Year
The IRS has indicated that it “will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.”
News, practice tips, and industry updates for CPAs, enrolled agents, attorneys, and everyone else working in tax professionally.
The IRS has indicated that it “will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.”
The hallmark of the Tax Cuts and Jobs Act of 2017 (TCJA) was supposed to be its simplicity. By eliminating the personal exemption amounts and doubling the standard deduction, the theory was that taxpayers would have a tax return that was so simple that it could fit onto a postcard. In the weeks and months…
In 2013, attorney Dan Alban of the Institute for Justice argued that the Internal Revenue Service (IRS) could not license tax preparers for one simple reason: Congress never gave the IRS the authority to license tax preparers, and the IRS can’t give itself that power. The courts agreed. However, Senator Rob Portman (R-OH) aims to change that…
The Internal Revenue Service (IRS) and its state and industry Security Summit partners are warning tax professionals about a new scam involving phishing emails posing as accounting and professional associations.
The IRS reports that scammers are targeting tax professionals as Tax Day approaches. Here’s what you need to know.
Hiring a tax professional? You may want to reconsider if your potential tax preparer is always on the move or constantly changing names.
It’s Taxes From A to Z. G is for Ghost Preparer.
It’s Taxes From A To Z. E is for Enrolled Agent.
Want to know what’s happening in the tax world? Here are the top 100 must-follow tax Twitter accounts for 2018.
On September 8, 2014, Adam Steele filed a class action suit against the federal government seeking to recover allegedly unlawful license fees paid to the Internal Revenue Service (IRS). Steele’s first person take on the PTIN and the case follows.