A new phishing scheme has been unleashed on taxpayers, this time impersonating as the FBI and the IRS.In reality, the scammers are sending emails that install ransomware on computers in order to hold…
Scammers are flooding taxpayers with bogus emails, phone calls and in-person solicitations posing as disaster relief organizations.Hurricane Harvey’s rain has scarcely stopped falling in south Texas,…
Read more about Fake Harvey Relief Charities Already Circulating
Hurricane Harvey: The Internal Revenue Service has formally acted to give taxpayers in the region a measure of good news.Rain from Hurricane Harvey may still be falling in south Texas, but the…
Bootstrapping seems an appropriate way to describe Jim Bourke. Some may immediately recognize him as a tax-industry luminary whose dedication to spotlighting and adopting efficiency technologies has led to industry-wide adoption of workflow and organization solutions.…
Read more about Jim Bourke, CPA, CITP, CFF, CGMA: A Passion for Technology and Tax
Last week, Meta Financial Group, Inc. and its subsidiary, MetaBank, announced the acquisition of EPS Financial LLC, a wholly-owned subsidiary of Drake Enterprises, Ltd. The Meta Financial Group press release noted that the purchase of EPS Financial from Drake Enterprises was for roughly $42.5 million – half in Meta Financial stock and half in cash – and would close in the fourth quarter of 2016.…
The Internal Revenue Service announced last Friday that they would be extending the amount of time that ranchers and farmers have to replace livestock that they had to sell as a result of drought by one year. It’s worth noting that the extended replacement period only applies to draft, dairy, and breeding livestock.…
Read more about IRS Extends Time to Replace Drought-Sale Livestock
Believe it or not, taxpayers are just days away from their final income tax deadline to file for the 2015 tax year. Those who received an extension of time to file must do so by midnight on Monday,…
Read more about The 2016 Tax Deadline is Right Around the Corner
In the spring of 2017 the Internal Revenue Service will change its tactics in order to collect outstanding tax bills: private debt collection firms. Four companies have been selected by the agency to collect certain overdue federal tax debts in its name.…
Read more about IRS to Use Private Debt Collection Firms for Overdue Taxes
The Internal Revenue Service is reminding all taxpayers they should keep tax records – including returns and supporting documents – for a minimum of three years. And keeping those records handy will be more important in the very near future for those taxpayers who prepare their own returns.…
Read more about IRS to Extension Filers: You May Need 2014 AGI to E-file
Taxpayers and tax professionals alike are being warned to be on the lookout for fake emails that claim to contain an IRS tax bill related to the Affordable Care Act (ACA).The bogus email contains what…
Read more about New Warning Issued from IRS on Emerging Scam
