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Category: IRS Tips

IRS Tips
What Taxpayers Can Do Now Before Filing Their Return in 2018

While taxpayers will not start filing their tax returns for a few months, there are a few things they can do to make the process easier next year. Here are two things that could affect the 2017 returns they will file in 2018.   Report name changes. Recently married or divorced taxpayers who change their name […]

IRS Tips
Fake Insurance Tax Form Scam Aims at Stealing Data from Tax Pros, Clients

WASHINGTON – The Internal Revenue Service today alerted tax professionals and their clients to a fake insurance tax form scam that is being used to access annuity and life insurance accounts. Cybercriminals currently are combining several tactics to create a complex scheme through which both tax professionals and taxpayers have been victimized. There may be […]

IRS Tips
IRS Offers Web Conference on Tax Relief for Disaster Victims

In response to recent natural disasters, the IRS is offering two webinars. These online events help tax professionals better understand tax relief for victims of disasters. The web conferences cover: Tax relief for individuals and businesses Special rules for disaster areas How disaster losses affect taxes Calculating and reporting disaster area losses Tax issues related […]

IRS Tips
IRS Gives Tax Relief to Victims of California Wildfires; Extension Filers Have Until Jan. 31 to File

WASHINGTON –– Victims of wildfires ravaging parts of California now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. This includes an additional filing extension for taxpayers with valid extensions that run out this coming Monday, Oct. 16. Currently, the […]

IRS Tips
IRS Issues Reminder to Taxpayers as Scams Continue Across the Nation

WASHINGTON — The Internal Revenue Service today warned taxpayers to remain vigilant to scams as they continue to be reported around the country. Phishing, phone scams and identity theft top the list of items normally reported. However, following hurricanes and other disasters, the IRS urged taxpayers to be on the lookout for schemes stemming from […]

IRS Tips
Gifts to Charity: Six Facts About Written Acknowledgements

Throughout the year, many taxpayers contribute money or gifts to qualified organizations eligible to receive tax-deductible charitable contributions. Taxpayers who plan to claim a charitable deduction on their tax return must do two things: Have a bank record or written communication from a charity for any monetary contributions. Get a written acknowledgment from the charity […]

IRS Tips
Taxpayers Can Look to the IRS for Tax Help After a Disaster

When a hurricane or other disaster strikes, the IRS wants taxpayers to know they can count on the agency for help. Here are six resources taxpayers can access on IRS.gov: Tax information about federally declared disasters. Special tax law provisions apply when the federal government declares a major disaster area. This relief can help victims […]

IRS Tips
Online Seminars from the 2017 IRS Nationwide Tax Forums Now Available

WASHINGTON — The Internal Revenue Service today reminded tax professionals that they can earn continuing education credits online through seminars filmed at the 2017 IRS Nationwide Tax Forums. The 17 self-study seminars are now available on the IRS Nationwide Tax Forums Online (NTFO). Self-study seminars provide information to participants using interactive videos, PowerPoint slides and […]

IRS Tips
Security Summit Partners Mark Progress in Identity Theft Battle; Prepare for 2018 Tax Season

WASHINGTON – The IRS, state tax agencies and private-sector industry leaders today detailed their continued progress against tax-related identity theft and prepared additional safeguards for the 2018 filing season to curb refund fraud. The latest IRS data continued to show significant improvements as fewer identity theft returns entered the tax system, fewer fraudulent refunds were […]

IRS Tips
Consumer Alert: IRS Warns Taxpayers, Tax Pros of New e-Services Scam

WASHINGTON — The IRS today warned all e-Services users to beware of a new phishing scam that tries to trick tax professionals into “signing” a new e-Services user agreement. The phishing scam seeks to steal passwords and data. The scam email claims to be from “e-Services Registration” and uses “Important Update about Your e-Services Account” […]

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