And you thought bank fees were bad… There’s a new form on the block, Form 1099-K, Merchant Card and Third Party Network Payments, making its
Read MoreTag: Internal Revenue Service
IRS Announces PTIN Renewals, Changes
It’s baaaaack! The IRS has announced that professional tax return preparers can now renew their Preparer Tax Identification Numbers (PTINs) for the 2012 filing season.
Read MoreTomorrow’s Tax Deadline Pushed Off For Some Taxpayers
Taxpayers on extension for the 2010 tax year have until tomorrow, October 17, 2011, to file their returns. If you previously filed for an extension
Read MoreBogus IRS Email Turns More Sophisticated
Here we go again. About two weeks ago, I reported that a new version of bogus IRS email was making the rounds with a notice
Read MoreIRS Proposes New Regulations For Submitting EITC Claims
The IRS announced this week that it is changing the filing requirements for tax pros who submit a federal tax return claiming the Earned Income
Read MoreIRS Just Says No To Medical Marijuana Deductions
Our culture is fascinated with marijuana. We speak in hushed tones about cocaine and other “hard” drugs but we’re pretty outspoken about marijuana. It’s even
Read MoreRedesign The IRS Web Site
Remember the IRS redesign? Like many others, I was puzzled by the new color combination (blue and orange, really?). As promised, I sent IRS an
Read MoreBogus IRS Emails Resurface
Just a few months after I reported seeing a bump in scam e-mails purporting to be from the IRS, a new version is making the
Read MoreWhat's Mine Is Yours: IRS Issues Estate Tax Portability Guidance
Last December, Congress pushed through a whole set of changes meant to make them look good on Election Day things easier for taxpayers. One of
Read MoreBack To School: Tax & Organizational Tips
It’s nearly the end of September (whew) and we’re wrapping up back to school. To help you stay organized, I’ve made a list of five
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