To help hurricane victims in Flordia, Texas, Puerto Rico, and the Virgin Islands, the Internal Revenue Service this week issued twelve tips for reconstructing records that may have been lost in a natural disaster.
Criminals stole the financial information of around 143 million people from Equifax, a credit reporting agency. According to the Federal Trade Commission, the Equifax data breach included “names, Social Security numbers, birth dates, addresses, and, in some instances, driver’s license numbers,” as well as 209,000 credit card records and 182,000 dispute documents.
Every year, major publications survey readers to determine how various tax preparation software providers performed during tax season. These surveys are noted for helping...
Current IRS Commissioner John Koskinen’s term ends November 13, which means that Deputy Commissioner Kirsten Wielobob will become the acting commissioner if the White House fails to name a successor.
Drake received thank-you letters from several Accounting and Taxation students at Hillsborough Community College in Florida.
The Taxpayer Advocate Nina Olson issued her mid-year report to Congress, noting that the IRS had “a generally successful filing season.” Despite the kudos, she identified several areas that need improvement.
When presidents release budget proposals, they are more or less providing lawmakers with a wish list, and this budget includes tax return preparer oversight.
The IRS yesterday reminded tax professionals that there is an early bird discount for tax forum registration.
The Internal Revenue Service recently announced that it will again be performing its annual Memorial Day systems maintenance.
The Internal Revenue Service recently released information that could also help late filers: how to verify the person at the door is actually an IRS agent.