May 10, 2024

Interest rates remain the same for the third quarter of 2024

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2024. Read the full article from […]
May 9, 2024

To protect against identity theft, IRS adds additional protections to Centralized Authorization File, Transcript Delivery System; changes designed to protect sensitive tax pro, taxpayer information

With identity theft and refund fraud an ongoing concern, the Internal Revenue Service today highlighted additional protections for tax professionals being taken to increase security for […]
May 8, 2024

IRS final reminder: Time to claim $1 billion in tax refunds from 2020 expires May 17

The Internal Revenue Service today reminded the 1 million people who didn’t file their tax year 2020 returns they may be eligible for a refund if […]
May 7, 2024

IRS encourages tax-exempt organizations to file their taxes ahead of May 15 deadline

The Internal Revenue Service encouraged thousands of tax-exempt organizations today to file their taxes ahead of their filing deadline.   Read the full article from IRS here: […]
May 6, 2024

Treasury, IRS issue frequently asked questions regarding disaster relief related to retirement plans and IRAs

The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-19, relating to rules for distributions from retirement plans and IRAs and for retirement […]
May 3, 2024

IRS recommends safeguarding information in case of natural disasters

The Internal Revenue Service reminds taxpayers that May kicks off the season of disaster preparation with National Wildfire Awareness Month and National Hurricane Preparedness Week, May […]
May 2, 2024

National Small Business Week: IRS warns entrepreneurs to take precautions on data security; protect their businesses, employees, customers

As National Small Business Week continues, the Internal Revenue Service urges entrepreneurs to put in place data security safeguards protecting their financial, personal and employee information from scams […]
May 1, 2024

Taxpayers and tax pros: Beware of these common tax scams

Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, personal information or client data. Read […]
April 26, 2024

What the right to a fair and just tax system means for taxpayers

Tax fairness means the tax system is equitable to all citizens. The right to a fair and just tax system is one of 10 rights in […]