Help Wanted Sign Out at IRS
The Internal Revenue Service is looking to hire hundreds of new employees in virtually every department. But that doesn’t mean the IRS is adding employees.…
Audit says IRS Phone Stats Don’t Tell the Whole Story
A new audit by the Treasury Inspector General for Tax Administration (TIGTA) finds that those phone statistics may not be giving us the complete picture of the IRS’ performance.…
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Taxpayer Advocate Spotlights IRS Challenges
The nation’s Taxpayer Advocate says continuing poor taxpayer service and lack of an effective use of online self-service applications are just two of the challenges facing the Internal Revenue Service.…
Charitable Giving Down in Wake of Tax Reform
An organization that tracks charitable giving in the U.S. says it appears the new tax reform measures were a factor in decreasing donations to America’s charities.…
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IRS Issues Final Regs on SALT Credits
The Internal Revenue Service has issued its final regulations that require taxpayers to reduce charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return.…
IRS Issues Guidance on Cooperatives
The Internal Revenue Service and the Treasury Department have issued their legal guidance on certain deductions to cooperatives and their patrons.…
New Scams Identified by IRS
The April filing deadline is long gone, but that doesn’t stop scammers from attempting to swindle American taxpayers out of their hard-earned money.…
Tax Bills are in the Mail
Some of your clients may have found a tax bill when they opened their mailbox this morning. That’s because the Internal Revenue Service began sending CP14 and CP501 Notices to taxpayers who still owe tax for TY 2018.…
IRS Revamps Form W-4
The Internal Revenue Service has unveiled a revised Form W-4, issuing a draft of the form for 2020. The changes, they say, will make accurate withholding choices easier for employees.…
Home Office Deduction Can Help Small Businesses
It’s no secret that running a successful small business isn’t easy. The Internal Revenue Service reminds small-business owners that they may qualify for a home office deduction that can help their bottom line and give them one less thing to worry about.…
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