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. […]
Read MoreThe Internal Revenue Service and the U.S. Department of Labor announced they have renewed a memorandum of understanding (MOU) under which the two agencies will continue to work together to combat employee misclassification.
The updated MOU includes “a streamlined process for joint referrals and closer coordination to stop businesses from misclassifying works and denying them their full wages, benefits, and protections under the law,” the Labor Dept. said in a statement.
According to the MOU, the IRS will have three duties and responsibilities (1) evaluating employment tax referrals provided by DOL that meet the standardized criteria and conducting examinations to determine compliance with employment tax laws; (2) providing annual reports to DOL summarizing the results achieved by using DOL referrals; and (3) when requested by DOL, IRS will inform the Labor Dept. of any new or revised employment tax training materials.
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
Read MoreThe IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
Read MoreThe IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
Read MoreGuidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
Read MoreThe IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
Read MoreThe IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
Read MoreThe IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
Read MoreThe 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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