Blog Archives

IRS Advises Taxpayers to Prepare for Hurricanes, Floods and Other Natural Disasters

The Internal Revenue Service today offered advice to taxpayers who may be affected by storms or other natural disasters. The IRS also reminded taxpayers that the agency is here to help including offering a special toll-free number to taxpayers in

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Fake Charities Are a Problem and on the IRS Dirty Dozen List of Tax Scams for 2016

“Fake charities set up by scam artists to steal your money or personal information are a recurring problem,” said IRS Commissioner John Koskinen. “Taxpayers should take the time to research organizations before giving their hard-earned money.” Compiled annually, the “Dirty

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Identity Theft an Ongoing Concern with the IRS

Over the course of the past year, as part of the Security Summit initiative, the IRS partnered with states and the tax industry to enhance coordination and create a more secure system for taxpayers. Security Summit participants, including the IRS,

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Identity Theft Tax Tips

The Internal Revenue Service, state revenue departments and the tax industry today released the first in a series of special tax tips designed to provide people critical information to help protect their tax and financial data. The first of the

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Tips for Year-End Gifts to Charity

Some of the changes taxpayers should keep in mind include: Rules for Charitable Contributions of Clothing and Household Items Household items include furniture, furnishings, electronics, appliances and linens. Clothing and household items donated to charity generally must be in good

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IRS Releases Crime 2015 Annual Report

Focusing on tax-related identity theft, money laundering, public corruption, cybercrime and terrorist financing, IRS CI initiated 3,853 cases in FY 2015. “Our criminal investigators continue to bring complex and meaningful cases that have a significant impact on tax administration,” said

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IRS Completes the “Dirty Dozen” Tax Scams for 2015

The aggressive, threatening phone calls from scam artists continue to be seen on a daily basis in states across the nation. The IRS urged taxpayers not give out money or personal financial information as a result of these phone calls

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IRS Makes it Easier for Small Businesses to Apply Repair Regulations to 2014

Requested by many small businesses and tax professionals, the simplified procedure is available beginning with the 2014 return taxpayers are filling out this tax season. The new procedure allows small businesses to change a method of accounting under the final

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Standard Mileage Rates for 2015

Standard Mileage Rates for 2015   Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 57.5 cents per mile for business miles driven, up from 56 cents

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Taxpayer Bill of Rights

Taxpayer Bill of Rights Every taxpayer has a set of fundamental rights. You should be aware of these rights when you interact with the Internal Revenue Service. The “Taxpayer Bill of Rights” takes the many existing rights in the tax

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