Entries by Nathan

IRS confirms tax filing season to begin January 28

WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled.  “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the employees and their commitment to […]

Taxpayers can now instantly get tax info on Instagram

Taxpayers can now get tax tips and helpful news from the IRS on Instagram. The agency just debuted it’s official Instagram account, IRSNews, which users can access at www.instagram.com/irsnews or on their smartphone using the Instagram app. Last year’s tax reform law brought many tax law changes that will affect virtually every taxpayer. The IRS […]

Here’s how tax preparers can protect themselves and their clients

Cybercriminals are stepping up their attacks on tax professionals. Because of this, the IRS urges tax preparers to take steps to protect client data and their computer networks from these threats. Thieves search for client data so they can create a fraudulent tax return that looks legit and might bypass IRS filters. They also impersonate […]

Tips for tax preparers on how to create a data security plan

IRS Tax Tip 2018-151, September 27, 2018 The IRS reminds tax preparers that protecting taxpayer information isn’t just good for their clients and good for business – it’s also the law. The Federal Trade Commission’s Safeguards Rule requires that tax preparers create and enact security plans. Although the IRS and its partners in the Security Summit are making progress […]

IRS.gov has many resources for tax preparers

IRS.gov has many resources for tax preparers As 2018 comes to a close, tax professionals around the country are getting ready for the 2019 tax filing season. Many of them will have questions, and many of these questions can be answered on IRS.gov. Here is a rundown of the tools and resources available on IRS.gov […]

Tool on IRS.gov helps taxpayers research charities before making donations

Tool on IRS.gov helps taxpayers research charities before making donations When people are done giving thanks at the dinner table, many start another kind of giving. The annual Giving Tuesday happens the week after Thanksgiving to kick off the season of charitable giving. This year, Giving Tuesday falls on Tuesday, November 27.

Tax pros should remember to renew their PTIN

Tax pros should remember to renew their PTIN Federal tax return preparers must renew their preparer tax identification numbers for 2019 as all current PTINs will expire Dec. 31, 2018. Here are several facts about PTINs and the PTIN renewal process: