The Internal Revenue Service (IRS) has issued a reminder to taxpayers with significant tax debts: reach out now to avoid losing your passport. On December 4, 2015,
Read MoreUse New Tax Withholding Estimator From IRS To Avoid Tax Surprises In 2020
Remember all of the times that the Internal Revenue Service (IRS) reminded you to do a payroll checkup? And remember that you didn’t? The IRS
Read MoreScammers Are Sending Fake IRS Letters
Correspondence season is in full swing. That means that the Internal Revenue Service (IRS) is sending out bills and notices to taxpayers, including letters focused on cryptocurrency reporting.
Read MoreWhat’s Old Is New Again: Form 1099-NEC Makes A Comeback
My daughter asked for a pair of throwback Nike sneakers this week to match her ringer tees and scrunchies. Not to be outdone, my son
Read MoreDistrict Court Judge To IRS: You Have To Follow The Rules
On Monday, I gave a speech in front of the National Association for Enrolled Agents (NAEA) about challenges in the tax profession. One of the
Read MoreIRS Is Still Enforcing Healthcare Tax Rules, Including Penalties
If you’re on the receiving end of a letter from the Internal Revenue Service (IRS), you’re not alone: it’s correspondence season. And the latest batch
Read MoreIRS Warns More Than 10,000 Taxpayers Who Might Have Failed To Report Cryptocurrency Income
Taxpayers who deal – or even dabble – in virtual currency may be on the receiving end of a letter from the Internal Revenue Service
Read MoreIRS To Target S Corporations & Foreign Disclosures In New Compliance Campaigns
The Internal Revenue Service (IRS) Large Business and International division (LB&I) has announced six additional compliance campaigns for taxpayers. A compliance campaign is a targeted directive on
Read MoreIRS Added 14 Treatments To List Of Preventive Care Benefits
If you’ve grown tired of digging into your wallet to pay for out-of-pocket medical expenses, you might be getting a break. The Internal Revenue Service
Read MoreFree Treats With A Side Of Tax Facts On National Ice Cream Day
It’s National Ice Cream Day. And in case you think that it’s a holiday made up by scheming kids to convince parents to give them
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