Amanda Explains the Taxpayers First Act - E31
Modernizing and streamlining the Internal Revenue Service has been a major focus in recent years.…
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IRS Waives Estimated Tax Penalty for Eligible 2018 Filers
For some taxpayers paying estimated taxes who have filed their 2018 tax returns there’s a little bit of bad news—and some good news.The bad news is they failed to claim the special waiver that would…
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IRS Releases Reworked Form W-4
A reworked version of Form W-4 has been released by the IRS and the Treasury Department for the 2020 tax year.…
NATP Releases 2019 Software Survey Results
The National Association of Tax Professionals (NATP) this week announced the results of their 2019 Software Survey.…
Taxpayers with Significant Tax Debt Could Lose Passports
The Internal Revenue Service is warning taxpayers they risk losing their passports if “significant” tax debt is not paid.…
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Know the Warning Signs of Client Data Theft
Ever had one of those days at work where things just didn’t seem quite right?…
TIGTA Finds IRS Needs More Work on Amended Returns
The office tasked with overseeing the Internal Revenue Service says the agency hasn’t improved procedures enough when it comes to reviewing amended tax returns.…
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IRS Covers Phishing Scams in "Taxes-Security-Together" Campaign
The IRS is joining with its Security Summit task force to warn tax professionals about the continuing threat posed by phishing emails to their data security efforts.…
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Don’t Get Left Behind on Auto Expense Deductions
If you’ve always deducted your business vehicle expenses in the past, read on. With the recent changes in the tax code, not everyone can still claim the deduction. Some taxpayers can, but some…
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IRS Sends Letters to Cryptocurrency Owners
The Internal Revenue Service is attempting to rein in some taxpayers who may have failed to report income and pay tax on virtual currency transactions.…
