Tax Blog

Tips to help you prepare for tax season

IRS Advisory Council Issues 2020 Annual Report

IRS Advisory Council Issues 2020 Annual Report

The Internal Revenue Service Advisory Council, also known as IRSAC, has come out with its annual report for 2020. The 195-page report includes recommendations to the IRS on new and continuing issues in tax administration.… Read more about IRS Advisory Council Issues 2020 Annual Report (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

read more
IRS Investigators Make Big Advances in a Busy 2020

IRS Investigators Make Big Advances in a Busy 2020

Fiscal Year 2020 was a very busy—and productive—year for the IRS’ Criminal Investigations unit. The just-released annual report for CI Division touts the unit’s identification of more than $10 billion in tax fraud and other financial crimes, despite the limitations of the COVID-19 pandemic.… Read more about IRS Investigators Make Big Advances in a Busy 2020 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

read more
Get Started Now to Make Next Tax Season Easier

Get Started Now to Make Next Tax Season Easier

With 2020’s extended tax deadlines due to the coronavirus pandemic, it seems like we just wrapped up the previous tax season. But believe it or not, the next filing season kicks off Jan. 1, 2021.… Read more about Get Started Now to Make Next Tax Season Easier (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

read more
IRS to Mask Key Details on Business Transcript

IRS to Mask Key Details on Business Transcript

After Dec. 12, business tax transcripts will soon be a little less informative—for good reason. The IRS will start masking sensitive data on the transcripts to protect businesses from identity theft beginning Dec. 13.… Read more about IRS to Mask Key Details on Business Transcript (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

read more