Summer activities that could impact next year’s tax return

Issue Number: Tax Tip 2025-37

Summer is a time for fun but it’s never the wrong time to be thinking about taxes – and some summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for tax season.

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Potential Tax Benefits for Homeowners

Issue Number: Tax Tip 2025-40

Owning a home costs money, but there are tax benefits available to help homeowners save on some of common costs of homeownership. Homeowners should review the tax deductions, programs and housing allowances to see if they are eligible.

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Have you been wondering how to handle IHSS income on a tax return?

How to Handle IHSS Income on a Tax Return

In-Home Supportive Services (IHSS) payments can be tax-exempt in certain cases, depending on whether the provider lives with the recipient. Below are different scenarios and how to handle them when filing a tax return.

Here is also some more information about this topic and the instructions from the IRS website: Family caregivers and self-employment tax information

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IRS increases the standard mileage rate for business use in 2025; key rate increases 3 cents to 70 cents per mile

Issue Number: IR-2024-312

WASHINGTON — The Internal Revenue Service today announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.

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Taxware Systems Annual Seminar for the 2024 Tax Year

 

Below you will find all the recordings, additional information as well as a list of the prize winners for each session.  This page will be updated with additional recordings and information over the week of the seminar.

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Verify your Electronic Filing Identification Number (EFIN) activity and other e-file application information

Attn: Authorized IRS e-file Providers/EROs

Now that filing season is slowing down, this is a good time to review your e-file application information.

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IRS warns taxpayers of charity scams following recent hurricanes; provides tools to help people verify legitimate groups

Issue Number: IR-2024-269

WASHINGTON — In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors.

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Tax pros: Know the potential signs of a data breach

Issue Number: Tax Tip 2024-74

The IRS and the Security Summit partners continue to see identity thieves targeting tax professionals in hopes of gaining valuable client tax information.

Tax professionals should contact the IRS immediately when there’s an identity theft issue.

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Security Summit partners conclude special campaign with reminders to protect tax professionals from identity theft, security threats

Issue Number: IR-2024-224

Week 8 of “Protect Your Clients; Protect Yourself” series focuses on important steps to protect data

WASHINGTON — Concluding a special summer awareness campaign, the Internal Revenue Service and the Security Summit today urged tax professionals to maintain strong safety measures to protect themselves and their taxpayer clients against evolving data security threats.

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IR-2024-100: Dirty Dozen: IRS warns tax pros, businesses to be cautious of ongoing spearphishing attacks to gain sensitive information; warns of surge in new client scams

WASHINGTON — As part of the Dirty Dozen tax scams effort, the Internal Revenue Service today urged tax professionals and other businesses to remain vigilant and protect themselves against a continuing barrage of e-mail spearfishing attempts designed to steal valuable information.

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