Wisconsin Storm Victims get Tax Relief
Residents of eight Wisconsin counties who fell victim to recent severe weather events there have been granted tax relief measures by the IRS.…
Residents of eight Wisconsin counties who fell victim to recent severe weather events there have been granted tax relief measures by the IRS.…
Five members of a criminal ring that posed as IRS agents to extort money from taxpayers have been sentenced to federal prison. Their sentences ranged from over 11 years to nearly 4 years.…
Now that the 2018 tax season is officially over, it’s time for tax professionals to renew their Preparer Tax Identification Number, or PTIN. All current PTINs will expire on Dec. 31.…
The Treasury Inspector General for Tax Administration (TIGTA) released a report on October 4 that found the IRS needs to do a better job when investigating section 501(c)(4) organizations suspected of engaging in “impermissible political activity.”…
To help tax return preparers get ready for the first filing season featuring the majority of the changes brought about by the Tax Cuts and Jobs Act, Drake Software has issued its updated annual desk reference guide.…
The Internal Revenue Service has scheduled three national webinars giving tax professionals an overview of the tax reform changes they’ll face in the coming 2019 tax season.…
The “Future State” initiative debuted in 2014 and featured an online portal that allowed taxpayers to communicate with the IRS and to deal with their taxes online.…
According to NOAA, we are well into the worst part of hurricane season—a fact punctuated by two significant storms making landfall less than one month apart. While emergency workers brave treacherous conditions to restore shattered communities, other state and federal agencies help the recovery effort in other ways.…
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.…
