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IRS Tax Tip 2019-149, October 24, 2019 Taxpayers should be on the lookout for new variations of tax-related scams. In the latest twist on a scam related to Social Security numbers, scammers claim to be able to suspend or cancel the victim’s SSN. It’s yet another attempt by con artists to frighten people into returning …
Taxpayers should be on the lookout for new version of SSN scam Read More »
IRS Tax Tip 2019-131, September 23, 2019 People around the world are celebrating today as International Day of Sign Languages. Taxpayers who sign in American Sign Language can visit YouTube anytime to see IRS ASL videos. The IRS ASL Channel is one of three on YouTube. Each channel offers info about a wide range of tax topics. …
IRS offers videos on wide range of tax topics in American Sign Language Read More »
IRS Tax Tip 2019-130, September 19, 2019 Disasters can strike without warning, causing damage and destruction. Before the IRS can authorize tax relief, the president must declare a federal disaster. Here’s a rundown of tax-related things that usually happen after a disaster: The IRS gives taxpayers more time to file and pay. Taxpayers located in …
Here’s what happens after a disaster that leads to relief for affected taxpayers Read More »
IRS Tax Tip 2019-129, September 18, 2019 Data thieves continue doing their dirty work. Despite major progress against them, their threats continue to put tax pros and their clients at risk. To help combat this, the IRS and its Security Summit partners created a new Taxes-Security-Together Checklist. Following this checklist is a great starting point …
Tax preparers should take another look at the Taxes-Security-Together Checklist Read More »
IRS Tax Tip 2019-128, September 17, 2019 Natural disasters can – and do – happen at any time. Whether it’s a hurricane, fire, flood, earthquake or tornado, there are things people can do to prepare in advance of a disaster. Here are several links that can help taxpayers before and after a disaster: Reconstructing records …
Here are disaster resources taxpayers can check out now to help them later Read More »
IRS Tax Reform Tax Tip 2019-127, September 16, 2019 To help taxpayers use the Tax Withholding Estimator effectively, the IRS is holding a free two-hour webinar on Thursday, September 19 at 2 p.m. ET. This webinar will: Illustrate the user-friendly features and design improvements of the new IRS Tax Withholding Estimator to help taxpayers check their withholding. Demonstrate how …
IRS Tax Tip 2019-126, September 12, 2019 Tax professionals should review their security measures and create a data theft recovery plan. This plan can help save valuable time and protect tax professionals and taxpayers after a data theft (PDF) . One of the first things a preparer should do after a theft is contact the IRS. Here …
Tax pros should create recovery plan and report thefts immediately Read More »
IRS Tax Tip 2019-125, September 11, 2019 With school back in session, parents and students should look into tax credits that can help with the cost of higher education. They do this by reducing the amount of tax someone owes on their tax return. If the credit reduces tax to less than zero, the taxpayer …
Two education credits help taxpayers with college costs Read More »
IRS Tax Tip 2019-124, September 10, 2019 Tax professionals should learn the tell-tale signs that their office may have experienced a data theft. Such thefts could have resulted in fraudulent tax returns filed in their clients’ names. Here is a list of warning signs that a tax professional or their office may have experienced a …
It’s important for tax pros to know the signs they are a cyberthief’s victim Read More »
IRS Tax Tip 2019-123, September 9, 2019 Questions about tax payments and penalties come up all year long. Taxpayers can find most answers to these questions on IRS.gov. They can head over to the Let Us Help You page, which features links that take users to information and resources on a wide range of topics related …
Taxpayers can go to IRS.gov for answers to questions about payments and penalties Read More »