Content for Tax Pros

Don't Miss the Deadline for the IRS Tax Forum in Atlanta
The Internal Revenue Service is reminding tax professionals that they don't have much longer to attend the IRS Nationwide Tax Forum event held in Atlanta, GA on July 10-12.
IRS Warns Millions of ITINs to Expire This Year
More than 2 million Individual Taxpayer Identification Numbers (ITINs) are due to expire by the end of this year, and the Internal Revenue Service is urging taxpayers to apply for renewal.
Survey Finds IRS Collections Target Low-Income Taxpayers
A review by the Taxpayer Advocacy Service has found that private debt collection agencies working on the IRS’ behalf may be forcing many taxpayers into payment plans they cannot afford. Accounting Today reports that Nina Olson, the National Taxpayer Advocate, found that 43 percent of taxpayers put into payment plans by private collection agents had income lower than their allowable...
Businesses Seek Tax Law Fixes
Trade groups are asking Congress to make some tweaks to last year’s Tax Cuts and Jobs Act that provided tax cuts to individuals and businesses. The legislation was drafted in secret and pushed through the legislative process in a hurry. Now errors are coming to light that need attention.