The IRS recently reminded enrolled agents (EAs) that the effects of the government shutdown didn’t suddenly come to an end on January 25 when the president signed a stopgap spending bill.…
Since the majority of the Tax Cuts and Jobs Act changes went into effect in tax year 2018 and there’s a new Form 1040 and supporting schedules to learn, Drake Software wanted to see if preparers felt ready before the January 28 start date.…
The IRS is expanding the Identity Protection Personal Identification Number (IP PIN) pilot program, so taxpayers in seven additional states will be able to add an extra layer of security to their federal tax return.…
The Internal Revenue Service is reminding the nation’s tax professionals that, by the end of 2019, the IRS’ Cincinnati Tax Processing Center will be closed.…
In 2017 the IRS embarked on a familiar quest: to collect outstanding taxes from delinquent taxpayers. Some members of Congress thought private industry could succeed where the IRS had fallen short previously, and inserted language into a highway funding bill that mandated the IRS use private debt collection firms to recover the back taxes.…
As we get into the 2019 income tax filing season, an audit of the previous filing season has good news and bad news for the Internal Revenue Service.…
Filing season may have begun, but it’s never too late to think about data security for your tax office. A few weeks ago, we invited Jami Gibson to come on the Taxing Subjects Podcast to talk about…
A lot has been said and written about the tax reform legislation that went into effect in 2017. Termed the Tax Cuts and Jobs Act, the new law made some big changes to the tax code aimed at helping business. But despite the press attention, the law’s bottom line for business isn’t always easy to predict.…
The president announced he would sign a stopgap spending bill reopening the government until February 15, and given the shutdown had stretched into 35 days—the longest in US history—it raised a question about Tax Court: when will it reopen?…
The IRS is in the middle of its EITC Awareness Day outreach campaign, partnering with members of the tax industry to spread the word about the Earned Income Tax Credit, which IRS Commissioner Chuck Rettig says can be extremely helpful for qualifying taxpayers.…
