Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Lonnie Shook CPA PLLC
IRS Sets Nov. 10 as “National EIP Registration Day”
The Internal Revenue Service is continuing its push to get non-filers to register so they can receive an Economic Impact Payment or EIP.… Read more about IRS Sets Nov. 10 as “National EIP Registration Day” (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
New Stricter Settlement Deal in Play for Micro-Captive Insurance Schemes
The Internal Revenue Service has revealed a second settlement effort for taxpayers under audit who took part in abusive micro-captive insurance transactions.… Read more about New Stricter Settlement Deal in Play for Micro-Captive Insurance Schemes (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
New 1065 Instructions Unveiled
The Internal Revenue Service has released an early draft of the instructions to Form 1065, U.S. Return for Partnership Income for tax year 2020 (filing season 2021). The changes include revised instructions for partnerships that are required to report capital accounts to partners on Schedule K-1 (Form 1065).… Read more about New 1065 Instructions Unveiled (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Event to Fight Charity Fraud
This week has been set aside by the Internal Revenue Service and charitable organizations across the globe to highlight their annual International Charity Fraud Awareness Week (ICFAW).… Read more about IRS Event to Fight Charity Fraud (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Tax Relief for Wildfire and Hurricane Victims
Taxpayers dealing with the fallout from wildfires in California and Hurricane Delta in Louisiana yesterday received some good news from the Internal Revenue Service. Following the Federal Emergency Management Agency’s disaster declarations for affected areas, the IRS is giving victims additional time to meet certain filing and payment deadlines.… Read more about Tax Relief for Wildfire and Hurricane Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Reminds Tax Pros about PTIN renewal and AFSP Opportunities
The Internal Revenue Service Return Preparer’s Office is reminding tax professionals about the PTIN renewal deadline and Annual Filing Season Program perks. According to the Friday IRS newsletter, the RPO is set to send two separate messages: one to all current PTIN holders, and another to all non-credentialed PTIN holders.… Read more about IRS Reminds Tax Pros about PTIN renewal and AFSP Opportunities (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

