IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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National Taxpayer Advocate Erin Collins has taken an “unusual step” to appeal an Internal Revenue Service Deputy Commissioners’ decision directly to Commissioner […]
Read MoreThe IRS and the Security Summit partners have warned tax professionals to beware of evolving identity theft scams perpetrated through […]
Read MoreThe IRS has extended the deadlines for amending a retirement plan or individual retirement arrangement (IRA) to reflect certain provisions […]
Read MoreThe Treasury and IRS have issued final regulations eliminating the signature requirement for making a Code Sec. 754 election (section 754 election). […]
Read MoreThe American Institute of CPAs highlighted several challenges that tax practitioners are experiencing with the use of the Internal Revenue […]
Read MoreThe American Institute of CPAs offered up suggestions to Congress, focused on the trust and estate proposals found within the […]
Read MorePresident Biden, on August 16, 2022, signed the Inflation Reduction Act ( P.L. 117-169) into law following its passage along party […]
Read MoreThe IRS has updated its simplified procedure for estates requesting an extension of time to make a portability election under Code […]
Read MoreThe IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
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The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
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Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
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The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]
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The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
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The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
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The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
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