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IRS Puts New Measures In Place For Tax Professionals To Protect Tax Data
Forbes· 4 days agoWith identity theft and refund fraud an ongoing concern, the IRS is implementing new security...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 1 day ago...without regard to whether each individual transaction involving that digital asset is actually recorded on that ledger, including non-fungible tokens ("NFTs"), that take place on or after Jan. 1, 2025, will require brokers to report gross proceeds to the IRS on a newly developed Form 1099-DA (a...
The Tax Consequences of Offshore Mutual Funds for US Expats and Taxpayers | JD Supra
JD Supra· 14 hours agoUS expatriates have faced a substantial number of challenges over the past several years as a result of FATCA. Almost all Foreign Financial Institutions (FFIs) require substantiated documentation ...
The IRS might owe you $1,031 if you live in Pennsylvania, but you have to act fast
WKBN 27 Youngstown· 3 days agoThe IRS could owe Pennsylvania residents more than $1,000 but the deadline to file for it is this...
IRS Data Leak Hits Home: Actions for Taxpayers in the Wake of the Littlejohn IRS Data Breach
The National Law Review· 4 days agoThis past January, a former IRS contractor, Charles Littlejohn, was sentenced to five years in...
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Gannett via AOL· 1 day agoThe IRS said it had implemented new identity theft screening filters and processing systems that...
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Detroit Free Press via Yahoo Finance· 1 day agoThe IRS said it had implemented new identity theft screening filters and processing systems that...
IRS owes 930,000 Americans about $932—deadline days away
Newsweek· 3 days agoThe Internal Revenue Service is warning almost 1 million Americans that time is running out to claim...
IRS Offers Update On Contractor Data Leak, Touts New Taxpayer Protections
Forbes· 4 days agoThe contractor, Charles Edward Littlejohn, pleaded guilty to unauthorized disclosure of tax return...
Everyday Americans would benefit from streamlined, reformed tax code
Las Vegas Sun· 15 hours agoThe IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes...