IRS Opens Registration for Tax Forums
Tax season may be far from over in 2022, but it’s not too early to make plans to attend this year’s IRS Nationwide Tax Forums, starting in July.…
Facial-Recognition Now Optional for IRS Online Accounts
It turns out the Internal Revenue Service isn’t entirely done with facial recognition software after all. While the agency once again confirmed they will not require biometric data for IRS Online Account registration, it would remain an option for taxpayers who prefer that verification method—with additional security measures in place to protect taxpayers’ privacy.…
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Premium Tax Credit FAQs Updated
The Internal Revenue Service has published a new set of frequently asked questions on the Premium Tax Credit, giving taxpayers the latest and best information on how—and why—to claim the credit.…
IRS Announces Increase in Interest Rates
Judging from the likes of food, gasoline and other staples, it should come as no surprise that the Internal Revenue Service is revising its interest rates, starting in the second quarter of this year.…
IRS Offers Guidance for Parents Who Share Custody
A lot has been said and written recently about the various credits put forth to counter the economic effects of the pandemic and how they affect parents’ tax liabilities.…
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Farmers, Fishers Face March 1 Tax Deadline
The Internal Revenue Service doesn’t want the March 1 tax deadline for farmers and fishermen to be “the one that got away.”…
IRS Warns Tax Pros About Spear-Phishing Scams
Phishing emails are a common threat found in your inbox. While these scams range from too-good-to-be-true business opportunities to aggressive threats from “government agencies,” one specific…
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IRS Higher Education Emergency Grants FAQs Updated
The Internal Revenue Service wants college students to be a little smarter when it comes to their scholarships and any emergency grants they may have gotten due to the pandemic.…
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IRS Updates Form 14457 With Eyes to Crypto
The Internal Revenue Service has upped its game in the virtual currency world with a revision of an important reporting form.…
IRS Announces Suspension of Some Letters
The Internal Revenue Service has come to the conclusion that the agency has more on its to-do list than it can get done at one time. Something, they found, had to be “put on the back burner.”…
