As the year draws to a close, tax filing season is right around the corner. Before you break out your Form 1040, it’s a good idea to review the annual Dirty Dozen list of tax scams by the Internal Revenue…
The IRS has expanded the electronic filing requirement for tax and information returns starting with the 2023 tax year. Regulations finalized on February 23, 2023, stipulate that almost all returns filed on or after January 1, 2024, must be submitted…
Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides (ATGs). A little-known fact is that these…
Taxpayers can get real-time tips from the IRS on the newly launched Identity Theft Central webpage. Designed to provide 24/7 information about identity theft, taxpayers can find specific information including: Taxpayer Guide to Identity Theft, including what to do if…