Tax Guide archive (headlines)
IRS provides safe harbors to help taxpayers suffering property losses, including losses from hurricanes
The Internal Revenue Service issued guidance providing safe harbor methods that individuals may use in determining the amount of their losses for their homes and personal belongings, including losses from recent hurricanes.
National Tax Security Awareness Week no. 2: don’t take the bait; avoid phishing emails by data thieves
The IRS, state tax agencies and the nation’s tax industry urge people to be on the lookout for new, sophisticated email phishing scams that could endanger their personal information and next year’s tax refund
Reminder to employers and other businesses: Jan. 31 filing deadline now applies to all wage statements and independent contractor forms
The Internal Revenue Service today reminded employers and other businesses of the Jan. 31 filing deadline that now applies to filing wage statements and independent contractor forms with the government
10 million taxpayers face an estimated tax penalty each year; act now to reduce or avoid it for 2017; new web page can help
The Internal Revenue Service today reminded taxpayers assessed an estimated tax penalty for tax year 2016 that they still have time to take steps to reduce or eliminate the penalty for 2017 and future years
IRS provides limited waiver of fuel penalty due to Hurricane Irma; response follows shortage of Ultra Low Sulfur Diesel
The Internal Revenue Service today announced it will not impose a penalty on certain uses of certain adulterated fuels that do not comply with applicable EPA regulations, in response to shortages of Ultra Low Sulfur Diesel fuel caused by Hurricane Irma.
Like Harvey, retirement plans can make loans, hardship distributions to victims of Hurricane Irma
The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Irma and members of their families.
Don’t take the bait, step 10: steps for tax pros with data incidents; tips to help protect clients, taxpayers
The IRS, state tax agencies and the tax industry today reminded tax professionals that if they experience a breach or theft of taxpayer data they should immediately contact the IRS to help protect clients
IRS begins issuing notices to taxpayers whose ITINs expire by end of 2017
The Internal Revenue Service began mailing letters this month to more than 1 million taxpayers with expiring Individual Taxpayer Identification Numbers and urges recipients to renew them as quickly as possible to avoid tax refund and processing delays.