Tech meets tax — from IRS digital tools to crypto, AI, and the tech trends reshaping how taxes get filed and enforced.
When it comes to choosing a tax preparation platform, some taxpayers like the opportunity to create and file a tax return on the internet by using a product like TurboTax Online. However, amid concerns about security, some taxpayers prefer the option to prepare and print a tax return to be mailed directly to the appropriate…
As concerns about stolen data and tax identity fraud continue to mount, it’s clear that this isn’t an issue restricted to Minnesota. Or Utah. Or Connecticut. With that in mind, it’s no surprise that the Federal Bureau of Investigation (FBI) has reportedly opened an investigation into a potential computer data breach related to fraudulent tax…
The Internal Revenue Service has announced the release of IRS2Go 5.0, the latest version of its mobile app. IRS Commissioner John Koskinen touted the update, saying, “The new version of IRS2Go provides taxpayers another way to quickly get information and help around the clock. The IRS is focused on providing taxpayers with convenient self-service tools…
The Connecticut Department of Revenue has issued a warning to customers who might have been affected by the Anthem data breach. On the Department of Revenue website, Department of Revenue Services Commissioner Kevin Sullivan advised taxpayers who may have been affected by the Anthem data breach – especially those expecting a state or federal income…
TurboTax has resumed acceptance of electronically filed state tax returns after temporarily turning off service in all states on Thursday, February 5 after reports of suspicious activity. The move to temporarily suspend service followed concerns in at least 18 states that taxpayer data had been compromised. The state of Minnesota actually took matters into its…
(UPDATED: Intuit has temporarily suspended transmission of returns in all states. See this article for more details.) Minnesota Department of Revenue has stopped accepting tax returns submitted using Intuit’s TurboTax software. Rumors started flying about potential problems earlier this week and there were whispers that the Gopher State might stop accepting TurboTax returns as a…
Author’s notes: Intuit has announced that TurboTax has resumed e-filing of state income tax returns. See this post for more information. Original story has been updated to include statements from H&R Block, Liberty Tax, TaxAct, additional state-specific information and a statement from IRS. Up to 18 states are reporting significant upticks in fraudulent activity and there…
Looking for tax information on the go? The Internal Revenue Service has released the update to its smartphone application for the new tax season. The app, which has been described by IRS Commissioner John Koskinen as a “convenient self-service tool” makes it easy for taxpayers to access personal tax information nearly 24 hours a day/seven…
With filing season just around the corner, the tax software wars are heating up. Earlier this week, MousePrint (sister site to ConsumerWorld.org) issued a “Warning for TurboTax Users.” According to the site, “[r]egular purchasers of Intuit’s TurboTax Deluxe, the top selling desktop tax preparation software program, are in for a nasty surprise this year.” That…
The new year is almost upon us. I’m sure that you have lots of things you hope to accomplish in 2015. Resolving to communicate better? Stay on top of all of the latest and greatest tax news? Network a little more? I have just the thing: tax Twitter accounts to follow. If you’re already on…