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Tips for choosing a tax return preparer

by AT | Jan 16, 2021 | Business Clients - Updates in Canada, Business Clients - Updates in US, Personal Clients - Updates in Canada, Personal Clients - Updates in US

As taxpayers get ready to file their 2021 taxes, they may be thinking about hiring a tax preparer. People should choose a tax preparer wisely. This is important because taxpayers are responsible for all the information on their return, no matter who prepares...

All taxpayers now eligible for Identity Protection PINs

by AT | Jan 15, 2021 | Personal Clients - Updates in US

WASHINGTON – The Internal Revenue Service today expanded the Identity Protection PIN Opt-In Program to all taxpayers who can verify their identities. The Identity Protection PIN (IP PIN) is a six-digit code known only to the taxpayer and to the IRS. It helps prevent...

News from the Justice Department’s Tax Division

by AT | Jan 15, 2021 | Business Clients - Updates in US, Personal Clients - Updates in US

A federal grand jury in the District of Puerto Rico returned an indictment charging Gabriel F. Hernández, with ten counts of wire fraud. According to allegations in the indictment, Hernández, a CPA who served as the tax manager and partner-in-charge of the tax...

Millions of taxpayers will receive their second Economic Impact Payments by debit card

by AT | Jan 14, 2021 | Personal Clients - Updates in US

The Treasury Department and the IRS are issuing millions of second Economic Impact Payments by prepaid debit card to speed delivery of the payments to as many people as possible.If the Get My Payment tool on IRS.gov shows a date that a recipient’s payment was mailed,...

A Closer Look at IRS Audit Rates

by AT | Jan 8, 2021 | Business Clients - Updates in US, Personal Clients - Updates in US

There can be confusion about which income groups are more likely to be audited. In the latest edition of the new IRS “A Closer Look,” Deputy Commissioner for Services and Enforcement Sunita Lough explains how audit rates increase as taxpayer income rises. Source:...

How to pay the IRS

by AT | Jan 7, 2021 | Business Clients - Updates in US, Personal Clients - Updates in US

There are many payment options for people having trouble paying their tax bill. Payment plans can be set up quickly online. Once returns are filed or an assessment occurs, there are various online payment options available at IRS.gov, including direct pay through a...
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Recent Posts

  • Tips for choosing a tax return preparer
  • All taxpayers now eligible for Identity Protection PINs
  • News from the Justice Department’s Tax Division
  • Millions of taxpayers will receive their second Economic Impact Payments by debit card
  • A Closer Look at IRS Audit Rates

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