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IRS T.D.: PTIN User Fee Reduced
Bloomberg Law· 36 minutes agoFinal regulations relating to the imposition of certain user fees on tax return preparers, the IRS released. The final regulations adopt without change the text of interim final (T.D. 9980) ...
IRS Puts New Measures In Place For Tax Professionals To Protect Tax Data
Forbes· 12 hours agoWith identity theft and refund fraud an ongoing concern, the IRS is implementing new security...
IRS Issues Supplementary Letters to Affected Taxpayers Who Requested More Information About Data...
The National Law Review· 20 hours agoOn April 12, 2024, as required under I.R.C. ยง 7431, the Internal Revenue Service notified over...
IRS 2024 Dirty Dozen Highlights Major Tax Scams, Including Abusive Tax Schemes
The National Law Review· 5 days agoEach year, the Internal Revenue Service (IRS) releases a Dirty Dozen list highlighting twelve tax...
IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For
Forbes· 12 hours agoIn recent years, the IRS has focused its attention and resources on large partnerships. In 2021, the...
IRS Continues Auditing Employee Retention Credit Claims for Fraud, Offers Protection for At-Risk...
Law.com· 1 day agoOver the past year, the Internal Revenue Service (IRS) has discovered billions of dollars in potentially fraudulent Employee Retention Credit (ERC) claims. Due to the high ...
IRS Finalizes Rule Cutting Fee for Tax Preparer ID Number (1)
Bloomberg Law· 2 hours agoThe IRS released a final rule reducing the user fee to apply for or renew a preparer tax identification number from $21 to $11.
IRS Data Leak Hits Home: Actions for Taxpayers in the Wake of the Littlejohn IRS Data Breach
The National Law Review· 1 day agoThis past January, a former IRS contractor, Charles Littlejohn, was sentenced to five years in...
Got a bit tax refund coming? If so, the IRS says you may be a scam victim.
Consumer Affairs· 2 hours agoDuring the past tax season, thousands of taxpayers filed inflated refund claims based on inaccurate social media advice, prompting the Internal Revenue Service (IRS) to issue ...
IRS Announces Four Alternative Ways to Resolve Cases
WealthManagement.com· 6 days agoThe Internal Revenue Service has announced four alternatives associated with the Appeals Alternative Dispute Resolution Program. Outside stakeholders...