updated Sat. November 25, 2023
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Comstock's Magazine
March 27, 2018
If your business is unable to file its taxes with the Internal Revenue Service by deadline, it's crucial to say so immediately. Procrastinating is not an option. “It's incredibly important for filers to file — or extend — on time and pay tax due on time,” says Dawn Rhea, director of Moss Adams, a large accountingÃâà...
ETHNews
March 24, 2018
On Friday, March 23, 2018, the Internal Revenue Service (IRS) issued a release to remind taxpayers that "income from virtual currency transactions is reportable on their income tax returns." The agency provided a link to its 2014 guidance, which explained that "for federal tax purposes, virtual currency isÃâà...
Miami Herald
March 18, 2018
The prison time and restitution in the sentence received by Pompano Beach's Timothy Beverley send a message: If you're going to rip off a company for millions, give the Internal Revenue Service its thousands. And don't lie about it to the government. Beverley, 61, got seven years and six months in federalÃâà...
KGO-TV
March 15, 2018
Katherine from Menlo Park asked: What if an identity thief files to the Internal Revenue Service under my data, but I already owe money from a previous year? Answer 1: ... If you and the Internal Revenue Service have already worked out a deal, they might send the I.D. thief a refund. If you don't have a dealÃâà...
Allied News
March 15, 2018
... take extra precautions to protect their computer systems and data following recent reports of several tax-related scams. One new scam involves cyber criminals filing falsified tax returns and obtaining fraudulent tax refunds from taxpayers by posing as Internal Revenue Service officials and debt collectors.
ARL now
March 15, 2018
Businesses sometimes fall prey to tax scams especially during the tax season. BizLaunch reached out to our partners at the Internal Revenue Service (IRS) to find out what business owners should be concerned about in 2018. The following blog post by IRS Senior Stakeholder Liaison Anna FalkensteinÃâà...
CNBC
March 15, 2018
Little can strike more fear in the heart of taxpayers than the prospect of the Internal Revenue Service questioning their tax return. Yet, for most people, the chances of an audit are slim. Of the nearly 148 million individual tax returns filed in 2016, just 0.7 percent (about 1 million) were audited, according to theÃâà...
Newsweek
March 14, 2018
Video of a Texas police officer speaking with an IRS scam artist is being shared widely on social media as the Midland Police Department looks to inform U.S. taxpayers of similar fraudulent calls. Midland Police Officer Daniel Stief decided to have some fun with a man who mistakenly called the precinct toÃâà...
Allentown Morning Call
March 14, 2018
In this photo March 22, 2013, file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. (AP Photo/Susan Walsh, File) (Susan Walsh / AP). Matt CoughlinContact ReporterOf The Morning Call. State officials are warning tax payers — and preparers — to protect their computer against tax-based andÃâà...
InsideClimate News
March 5, 2018
The Internal Revenue Service released a private letter ruling on Friday stating that a customer with an existing home solar array is eligible for a 30 percent federal tax credit when they buy and install a battery system, provided it stores only solar energy from their own roof. The private letter ruling was issuedÃâà...
FedSmith.com
March 5, 2018
The Treasury Department and Internal Revenue Service recently announced that they have launched an updated Withholding Calculator to help tax payers determine the proper amount of withholdings from their paychecks to reflect the new tax law. Because of changes contained in the Tax Cuts and JobsÃâà...
NJ.com
March 5, 2018
WASHINGTON -- New Jersey Rep. Bill Pascrell Jr. and other Democrats on Monday accused the Internal Revenue Service of "naked political payback" for refusing to allow taxpayers to deduct their entire prepaid 2018 property taxes and threatening to step up enforcement of those who try to claim the taxÃâà...
Tribune-Review
March 3, 2018
Here are “plan-ahead” instructions from the Internal Revenue Service for using its new online tax withholding calculator. The calculator is designed to help people determine whether they have the correct amount of money withheld by employers from paychecks, reflecting changes in the new tax law:.
kfor.com
February 28, 2018
Don't believe everything you hear about taxes. Your friendly, neighborhood Internal Revenue Service has recently identified and debunked six common myths about tax filing. 1.) Every Tax Refund is Delayed – According to the IRS, 90% of tax refunds are issued in less than 21 days. Choosing to e-file andÃâà...
Sacramento Bee
December 31, 1999
Tired of calling the Internal Revenue Service and waiting on hold? Try the IRS online tool, which the federal tax agency said is seeing a nearly 25 percent increase in taxpayer visits this year. The site is www.irs.gov/payments/view-your-tax-account. The site includes extensive information on filing returns,Ãâà...
The National Law Review
December 31, 1999
The Internal Revenue Service (IRS) publishes a monthly update to the applicable federal rates (AFRs) and 7520 rates. Planning professionals and their clients should take note of fluctuations in these rates and be mindful of planning opportunities that come with rate changes. The AFR is calculated by theÃâà...
MarketWatch
December 31, 1999
Filing taxes can be complicated, but a simple mistake or a slight exaggeration could warrant an audit from the Internal Revenue Service. Here's how someone is chosen for an audit: An IRS software program may randomly select the taxpayer and compare the return to other similar returns to detect anyÃâà...
Seattle Times
December 31, 1999
FILE- In this Feb. 15, 2018, photo, Susan Prendergast, reference supervisor at the Eudora Welty Library, in Jackson, Miss., adds additional federal tax filing information booklets on a shelf. The U.S. Treasury Department and the Internal Revenue Service on Wednesday, Feb. 28, 2018, issued an onlineÃâà...
