WASHINGTON – With tax season in full swing, the Internal Revenue Service, state tax agencies and tax industry today warned tax professionals of new email scams that attempt to steal their tax software preparation credentials.
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Entries by Chris
WASHINGTON — The Internal Revenue Service announced today that it will issue information letters to Advance Child Tax Credit recipients starting in December and to recipients of the third round of the Economic Impact Payments at the end of January. Using this information when preparing a tax return can reduce errors and delays in processing.
WASHINGTON — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Tax professionals are prime targets for criminals. These criminals not only want to steal client data, but also the professionals’ data, such as their electronic filing identification numbers. A thief who breaches the data of just one tax return preparer can get their hands on lots of other data. In fact, they can get personal […]
Cybercrime is a constant concern in the online world which means everyone must be mindful of risks when they share devices, shop online and interact on social media. While this may seem overwhelming, it doesn’t have to be. A few small security measures can lower the risk of exposure to online safety threats.
WASHINGTON – The Internal Revenue Service, state tax agencies and the nation’s tax industry urged businesses to be alert to cyberattacks aimed at gaining access to business data and customer information and be aware of steps to help them on tax-related issues related to identity theft.
Did you know? Advance Child Tax Credits that were part of 2021 tax returns contain details that can easily be noted in the Wintax Due Diligence feature. Why not maximize our Due Diligence option to be sure you are maintaining information most important for your records? This feature not only allows you to craft your […]
WASHINGTON — The Internal Revenue Service reminds the more than 759,000 federal tax return preparers they must renew their Preparer Tax Identification Numbers (PTINs) now for 2022. All current PTINs will expire Dec. 31, 2021.
All tax professionals should learn the signs of data theft so they can react quickly to protect clients. During this summer’s campaign Boost Security Immunity: Fight Against Identity Theft, the IRS and its Security Summit partners remind tax pros to contact the IRS immediately when there’s an identity theft issue. They should also contact insurance […]
The custom client grid is a returning feature from our Legacy Wintax software. It allows you to customize which columns of information show up on your Recall Client grid to better suit your needs.