GAO Sees Good News, Bad News in IRS Security Efforts
The Internal Revenue Service has done a lot over the last few years to bring its systems up to speed with the latest online security measures.…
The Internal Revenue Service has done a lot over the last few years to bring its systems up to speed with the latest online security measures.…
The Taxing Subjects Podcast sat down with two tax analysts from Drake Software to discuss the new Section 199A qualified business income (QBI) deduction that will affect some pass-through entities this filing season.…
While too much rain due to tropical storms and hurricanes has been the big news in the eastern U.S. recently, out west, the problem has been not enough rain. Many farmers and ranchers have had to sell off their herds of livestock because of the dry conditions.…
While the Tax Cuts and Jobs Act removed the deduction for entertainment that many businesses enjoyed in years past, the IRS announced Notice 2018-76, which outlines when business owners can deduct half of the price tag for business meals.…
A revamped tax transcript is now available for individual taxpayers and tax professionals. The IRS previously announced the improvements to the transcript design, which is aimed at making the product more secure.…
The Inspector General for Tax Administration (TIGTA) has found that the numerous changes put forth in the tax cut legislation pose a risk of delaying the 2019 filing season.…
Victims of Hurricane Florence in South Carolina have gotten something they haven’t seen in recent weeks: good news. The IRS has included affected taxpayers in the Palmetto State in its tax relief measures in the wake of the disaster.…
Eligible businesses offering employees paid family and medical leave could take advantage of a new tax credit next filing season, according to an IRS press release.…
The Internal Revenue Service has announced relief measures now available to taxpayers impacted by Hurricane Florence.…
The Internal Revenue Service this week issued the tenth and final installment in its Tax Security 101 email series, highlighting how to report client data theft incidents.…
