The number of data breaches was already on a record pace for 2017 before the reported theft of nearly 145 million Americans’ names, addresses and Social Security numbers brought the issue to the forefront. Every… National Tax Security Awareness Week: Victims of Data Breaches Should Consider These Steps
The fiscal year 2018 budget plan the House Budget Committee approved in July calls for a radical change in the Earned Income Tax Credit (EITC) that could harm millions of low-income working families and cause… House Budget Committee Proposal to Hold All Tax Refunds until the IRS can Verify Incomes of All EITC Filers
The Internal Revenue Service has announced a couple of big changes they have planned for the e-Services system in the coming months. The first is the transfer of the e-Services system to a new platform,… IRS Making Important Changes to e-Services Platform
We have received many questions from clients and relationships, discussing casualty loss tax deduction rules. The President approved a disaster declaration for Florida on Sunday, September 10, clearing the way for more support as Hurricane… IRS grants tax extensions to those effected by Hurricane Harvey and Irma
Remember that assurance from the Internal Revenue Service that its agents never call you about an overdue tax bill. That’s changing. The IRS is about to turn over some delinquent tax accounts to private debt… IRS letter announcing latest private tax debt collection effort going out to affected taxpayers
Applying for financial aid just got a little bit harder for families looking to get a bit of help sending someone to college next fall. As of yesterday, the U.S. Department of Education and IRS… IRS Temporarily Shuts Down Tool Used To Complete FAFSA
If you E-filed your Tax Return prior to February 18, 2017, Please take part in this Poll. We are trying to determine how many people have still not received a tax refund or direct deposit… Did you e-file a tax return before February 18, 2017
Identity verification letters are mailed through the U.S. Postal Service to the address on the tax return. The notice will require the taxpayers to verify their identities in order for the IRS to complete the… How Many People Had to Verify Identity?
Your tax return may show that you’re due a refund from the IRS. However, if you owe a federal tax debt from a prior tax year, or a debt to another federal agency, or certain… Tax Refund Offsets
Filing taxes can be stressful and when the IRS opts to take a closer look at your return, that can only increase your anxiety level. Getting your return flagged for review doesn’t mean you’ll be… What Happens When Your Tax Return Is Flagged for Review?