The Internal Revenue Service this week issued the tenth and final installment in its Tax Security 101 email series, highlighting how to report client data theft incidents.…
Read more about Speed Matters When Reporting Client Data Theft
Drake Software Federal Tax Product Manager Robin Miles and Tax Team Lead Amanda Watson joined me in the Taxing Subjects Podcast studio to talk about what tax return preparers can expect from the new Form 1040.…
Read more about Robin Miles and Amanda Watson on the New Form 1040 - EP17
The IRS issued several withholding notifications throughout the year, including a four-part series advising small businesses to make timely estimated quarterly tax payments.…
Read more about IRS to Small Businesses: Don’t Forget Quarterly Estimated Tax Payments
The Internal Revenue Service’s effort to bring offshore accounts back into the U.S. will end Sept. 28, the agency says.…
Read more about Offshore Voluntary Compliance Program to End
Somewhere in the universe, a tax pro like you is hitting the Enter key on his computer to send a piece-of-cake 1040 on its merry way to the IRS.…
The Internal Revenue Service last week issued a Tax Tip outlining how the Tax Cuts and Jobs Act (TCJA) will affect section 529A ABLE accounts.…
Delaware Gov. John Carney has signed legislation aimed at protecting the state’s taxpayers from unscrupulous tax professionals.…
Read more about Delaware Governor Signs Tax Preparer Regulations
According to a recent IRS press release, changes are coming to the Compliance Assurance Program (CAP), which has helped large corporations avoid tax problems by working closely with the IRS Large Business and International division prior to filing since 2005.…
Read more about IRS Says Changes Coming to Compliance Assurance Program
A report from the Treasury Inspector General for Tax Administration (TIGTA) finds that despite measures by the Internal Revenue Service to flag possibly fraudulent business returns, a significant number of bogus returns are slipping through.…
Read more about Audit Finds Business Identity Theft Controls Still Lacking
The Department of the Treasury and the IRS have issued some clarification on proposed regulation changes covering deducting charitable contributions when there’s also a state or local tax credit for the same contributions.…
