Category: IRS Tips

IRS Tips
Newly Married Couples Should Report Marriage to Marketplace

If you’re recently married, you probably have a list of things to do.  There’s one other thing you should add to that list: a health insurance review. This is particularly important if you enrolled in coverage through a Health Insurance Marketplace and you receive premium assistance in the form of advance payments of the premium […]

IRS Tips
Beware of Fake IRS Tax Bill Notices

The Internal Revenue Service and its Security Summit partners are warning taxpayers and tax professionals of fake IRS tax bills related to the Affordable Care Act. The IRS has received numerous reports of scammers sending a fraudulent version of a notice- labeled CP2000 – for tax year 2015. The issue has been reported to the […]

IRS Tips
New Private Debt Collection Program to Begin Next Spring; IRS to Contract with Four Agencies; Taxpayer Rights Protected

WASHINGTON – The Internal Revenue Service announced today that it plans to begin private collection of certain overdue federal tax debts next spring and has selected four contractors to implement the new program. The new program, authorized under a federal law enacted by Congress last December, enables these designated contractors to collect, on the government’s […]

Software Developers and Transmitters can Access ACA Presentations

Software developers and transmitters have access to presentations recently posted to the IRS web site.  These presentations explain the systems that help employers and coverage providers meet the information reporting requirements of the Affordable Care Act. These presentations cover general topics related to the Affordable Care Act Information Returns Program, also known simply as AIR. […]

Issue Number: IRS Special Edition Tax Tip 2016-14

IRS Reminds Extension Filers of the Oct. 17 Deadline Millions of taxpayers ask for an extra six months to file their taxes every year. If you are one of them, then you should know that Monday, Oct. 17 is the extension deadline in 2016. This is so because Oct. 15 falls on a Saturday. If […]

IRS Tips
IRS Urges Employers to Take Advantage of Expanded Work Opportunity Tax Credit

WASHINGTON – With a key certification deadline fast approaching, the Internal Revenue Service today urged employers to take advantage of a valuable tax credit designed to help those who hire long-term unemployment recipients, certain veterans, recipients of various kinds of public assistance and other workers who face significant barriers to employment. The Protecting Americans from […]

Watch Governmental Information Letter Video

Watch video. Learn: how you can prove your “tax-exempt” status as a government entity that government entities don’t require an IRS determination letter to secure tax-exempt status what it means to be a dual-status entity

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