IRS News

IRS dispels five myths about tax refunds. As tax time comes and goes, the Internal Revenue Service understands that taxpayers are anxious to get details about their tax refunds. This had led to a number of common myths about refunds that often cir... Read More

IRS sees surge phishing scams. This was the warning given to tax professionals at a recent Summit Partners Security Conference by the IRS. With the 2019 tax filing season upon us, the Internal Revenue Service, state tax agencies and the nation... Read More

Shutdown will halt many irs functions. Funding for many government agencies is scheduled to expire at midnight , which would trigger a partial shutdown of the federal government. The IRS is effected by the shutdown because it is not already funded... Read More

IRS functions closed in shutdown. Those that are not vital to National Security or anything that would endanger the life or safety of any individual. Funding for many government agencies has expired due to the protracted fight between President Tr... Read More

The time for IRS reform is now. It looks like the politics have stopped regarding funding the IRS. After both parties started to realize that the one agency of government that actually brings in multiple dollars for every dollar spent on it, bipar... Read More

Trap can send social security to IRS. Retirees rely on Social Security to help them make ends meet. Given that they already paid payroll taxes in order to earn their benefits, retirees often find it shocking when they discover that under certain c... Read More

IRS paycheck checkup good idea. A paycheck checkup is a good idea for anyone working in the sharing economy, so they can determine whether they will owe taxes at the end of the year. As a planning tool it can be used by anyone, individuals and bus... Read More

IRS taxpayers bill of rights. The original IRS taxpayer bill of rights, passed during President Clinton's time in office, was due to media reports about abuse at the IRS. Some of those reports were true, some were exaggerated. But due to the compl... Read More

IRS security summit for tax pros. There is a dizzying array of cyber threats that confront tax professionals and many others. It's not easy to keep up with all the viruses, worms, Trojan horses, bots-or even the terminology. The IRS security summi... Read More

IRS warns tax professionals. The IRS warned tax professionals thru its state and industry Security Summit partners to beware of phishing emails posing as state accounting and professional associations. The IRS received reports from tax professiona... Read More