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Month: March 2019

With new SALT limit, IRS explains tax treatment of state and local tax refunds

March 29, 2019Business, General, Tax Tips

With new SALT limit, IRS explains tax treatment of state and local tax refunds | Internal Revenue Service IR-2019-59, March 29, 2019 WASHINGTON — The Internal Revenue Service today clarified […]

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IRS revises EIN application process; seeks to enhance security

March 27, 2019Business, General, Tax Tips

IRS revises EIN application process; seeks to enhance security | Internal Revenue Service IR-2019-58, March 27, 2019 WASHINGTON — As part of its ongoing security review, the Internal Revenue Service […]

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IRS expands penalty waiver for those whose tax withholding and estimated tax payments fell short in 2018; key threshold lowered to 80 percent

March 25, 2019Business, General, Tax Tips

IR-2019-55, March 22, 2019 WASHINGTON — The Internal Revenue Service today provided additional expanded penalty relief to taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short […]

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IRS issues proposed regulations on new tax reform reporting requirements for life insurance contract transactions; New reporting forms available

March 22, 2019Business, General, Tax Tips

IRS issues proposed regulations on new tax reform reporting requirements for life insurance contract transactions; New reporting forms available | Internal Revenue Service IR-2019-54, March 22, 2019 WASHINGTON –The Internal […]

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IRS concludes “Dirty Dozen” list of tax scams for 2019: Agency encourages taxpayers to remain vigilant year-round

March 20, 2019Business, General, Tax Tips

IRS concludes “Dirty Dozen” list of tax scams for 2019: Agency encourages taxpayers to remain vigilant year-round | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish […]

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Frivolous tax arguments remain on IRS’ ‘Dirty Dozen’ scams list for 2019

March 18, 2019Business, General, Tax Tips

Frivolous tax arguments remain on IRS’ ‘Dirty Dozen’ scams list for 2019 | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL IR-2019-45, March 18, […]

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Avoid improper claims for business credits; topic makes this year’s IRS “Dirty Dozen” list

March 15, 2019Business, General, Tax Tips

Avoid improper claims for business credits; topic makes this year’s IRS “Dirty Dozen” list | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL IR-2019-42, […]

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IRS cautions taxpayers on scams involving disasters, charitable causes — 2019 “Dirty Dozen” list continues

March 13, 2019Business, General, Tax Tips

IRS cautions taxpayers on scams involving disasters, charitable causes — 2019 “Dirty Dozen” list continues | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL […]

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Schemes involving falsifying income, creating bogus documents make IRS’ “Dirty Dozen” list for 2019

March 11, 2019Business, General, Tax Tips

Schemes involving falsifying income, creating bogus documents make IRS’ “Dirty Dozen” list for 2019 | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL IR-2019-35, […]

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IRS: Choose tax preparers carefully; Tax return preparer fraud makes IRS’ 2019 “Dirty Dozen” list of tax scams

March 8, 2019Business, General, Tax Tips

IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL Choose a Tax Preparer Wisely – English | Spanish | ASL IR-2019-32, March 7, 2019 WASHINGTON — The Internal Revenue Service today included tax return preparer fraud on its […]

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