by taxPRO Websites Staff | Jul 27, 2020 | Tax Tips and News
The Internal Revenue Service has issued new guidance to reconcile advance payments of refundable employment tax credits and recapture the benefit of those credits when needed.… Read more about IRS Issues Guidance on Recapturing Excess Employment Tax Credits (Feed...
by taxPRO Websites Staff | Jul 24, 2020 | Tax Tips and News
Internal Revenue Service Commissioner Chuck Rettig had high praise for the nation’s tax professionals this week, as he addressed the IRS Nationwide Tax Forum.… Read more about IRS Commissioner Praises Tax Pros for Handling “Challenging” Tax Season (Feed generated with...
by taxPRO Websites Staff | Jul 24, 2020 | Tax Tips and News
Many taxpayers may have collectively breathed a sigh of relief on July 16, but anyone selling big-ticket items between now and the end of 2020 will still need to report large cash transactions.… Read more about IRS: e-File is Available for Form 8300 (Feed generated...
by taxPRO Websites Staff | Jul 22, 2020 | Tax Tips and News
The IRS this week published the first installment of the Security Summit’s annual data security outreach campaign: “Working Virtually: Protect Tax Data at Home and at Work.”… Read more about Working Virtually Campaign Highlights “Security Six” (Feed...
by taxPRO Websites Staff | Jul 21, 2020 | Tax Tips and News
Many states are rolling back reopening plans, and the looming flu season could present additional complications. That’s why the Internal Revenue Service and Security Summit partners are developing a five-week data security campaign that focuses on remote work.… Read...