IRS provides additional details on transition tax on untaxed foreign earnings | Internal Revenue Service IR-2019-128, July 16, 2019 WASHINGTON — The Internal Revenue Service provided additional information to help taxpayers meet their filing and payment requirements for the Section 965 transition tax on untaxed foreign earnings. The Tax Cuts and Jobs Act requires certain […]

New Orleans prepped for IRS Nationwide Tax Forum, Aug. 6-8 | Internal Revenue Service Tax pros learn newest details on tax law, cybersecurity, disasters IRS YouTube Videos: 2019 IRS Nationwide Tax Forum IR-2019-126, July 16, 2019 WASHINGTON — The IRS Nationwide Tax Forum slated for New Orleans is chock full of important information tax professionals […]

Time is running out for some combat-injured veterans to claim tax refunds of up to $3,200 | Internal Revenue Service IR-2019-125, July 12, 2019 WASHINGTON — The Internal Revenue Service is reminding veterans who received disability severance payments after 1991 and claimed it as income that time may be running out to claim their refund. […]

Have a sunnier tax season with these summertime IRS tax tips | Internal Revenue Service IRS YouTube Videos: Getting Married? – English | ASL Summer Day Camp Expenses – English | Spanish | ASL Part-time and Summer Jobs – English Paycheck Checkup – English | ASL IR-2019-124, July 10, 2019 WASHINGTON — Buying a home? […]

Tax Security 2 point 0 – A “Taxes. Security. Together” Checklist | Internal Revenue Service IRS, Security Summit partners urge tax professionals to review their practices, enhance safeguards to protect taxpayer data IRS YouTube Videos: Tax Security 2.0: “Taxes. Security. Together.” Checklist IR-2019-122, July 9, 2019 WASHINGTON — Leaders from the IRS, state tax agencies […]

Even after the April 15th filing deadline The Franchise Tax Board continues to remind taxpayers to plan ahead to withhold the correct amount of taxes from their paychecks to account for changes in federal tax law. Controller Betty T. Yee, Chair of the FTB, encourages everyone to take advantage of the Withholding Calculator offered by the IRS […]

IRS Nationwide Tax Forum in Chicago: Tax pros can get up-to-date info on cybersecurity, ethics, plus hear from IRS commissioner | Internal Revenue Service IRS YouTube Videos: 2019 IRS Nationwide Tax Forum IR-2019-121, July 1, 2019 WASHINGTON — Tax professionals interested in attending the IRS Nationwide Tax Forum in Chicago, July 23-25, to learn cutting-edge […]

IRS Nationwide Tax Forum in Chicago: Tax pros can get up-to-date info on cybersecurity, ethics, plus hear from IRS commissioner | Internal Revenue Service IRS YouTube Videos: 2019 IRS Nationwide Tax Forum IR-2019-121, July 1, 2019 WASHINGTON — Tax professionals interested in attending the IRS Nationwide Tax Forum in Chicago, July 23-25, to learn cutting-edge […]

IRS, Treasury issue guidance under Tax Cuts and Jobs Act and the Consolidated Appropriations Act of 2018 for cooperatives and patrons of cooperatives | Internal Revenue Service WASHINGTON — The Treasury Department and Internal Revenue Service today issued legal guidance under the 2017 Tax Cuts and Jobs Act (TCJA) and the Consolidated Appropriations Act of […]

Millions more ITINs set to expire in 2019; IRS says renew early to prevent refund delays | Internal Revenue Service IRS YouTube Videos: Individual Taxpayer Identification Number (ITIN) – English | Spanish IR-2019-118, June 19, 2019 WASHINGTON — Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019 […]