IRS Warns About Social Security Number Scam
![IRS Warns About Social Security Number Scam](/media/2305/irs-warns-about-social-security-number-scam.jpg?anchor=center&mode=crop&width=1024&height=576&rnd=132169231710000000)
The IRS reports that criminals perpetrating tax-related identity theft scams are taking a new approach with one of their greatest hits: the Social Security Number scam.…
The IRS reports that criminals perpetrating tax-related identity theft scams are taking a new approach with one of their greatest hits: the Social Security Number scam.…
Last Friday, the Internal Revenue Service announced that it has filed for publication the final regulations for section 6050Y: "Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules."…
Read more about Section 6050Y Final Regulations Give More Time to Comply
The IRS this week released another disaster victim-focused tax tip, reminding taxpayers what they can do to rebuild financial records lost to a storm, flood, or some other catastrophic event.…
Read more about IRS Has Financial Record Recovery Tips for Disaster Victims
The IRS is launching the second annual International Charity Fraud Awareness Week, which runs through Oct. 25.…
Read more about It’s International Charity Fraud Awareness Week
October is National Work and Family Month, and to celebrate, the IRS is issuing informative tips on the work-life balance. Topics include family businesses, family tax credits, military tax benefits, scams and security issues.…
The IRS this week reminded taxpayers that the filing deadline for those with a tax extension is Tuesday, October 15, 2019. Generally, taxpayers who request an extension are given an extra six months to file their tax return with the IRS.…
American farmers and ranchers forced to sell livestock due to drought have been given some tax relief by the IRS. The measures give qualified taxpayers an extra year to replace livestock and defer tax on gains from the forced sales.…
Read more about Farmers Get More Time for Drought Relief Measures
An audit into the IRS electric plug-in car credit has found that ineligible vehicles have been able to get the credit, costing the agency nearly $74 million.…
Read more about Audit Finds Ineligible Vehicles Still Get Electric Car Credit
The IRS has released draft forms for revised versions of Form 1065, Form 1120-S and Schedule K-1 for tax year 2019. The Internal Revenue Service says the changes aim to improve “quality of the information reported by partnerships, both to the IRS and the partners of such entities.”…
Read more about IRS Releases Drafts of Revised Forms 1065, 1120-S, and K-1
The Internal Revenue Service on Friday announced that it is ending the Form W-2 Verification Code pilot program.…