IRS, States, Industry Urge Taxpayers to Learn Signs of Identity Theft IRS Taxes. Security. Together. Tax Tip Number 11, January 3, 2017 No matter how careful you are, identity thieves may be able to steal your personal information. If this happens, thieves try to turn that data quickly into cash by filing fraudulent tax returns. […]
Validating Your Electronically Filed Tax Return Español When self-preparing your taxes and filing electronically, you must sign and validate your electronic tax return by entering your prior-year Adjusted Gross Income (AGI) or your prior- year Self-Select PIN. Using an electronic filing PIN is no longer an option. Generally, tax software automatically enters the information for […]
Issue Number: IRS Taxes. Security. Together. Tax Tip Number 10 Inside This Issue IRS, Partners Move to Strengthen Anti-Fraud Effort with Form W-2 Verification Code When you get your Form W-2 in early 2017, you may notice a new entry – a 16-digit verification code. This is part of an effort conducted by the Internal Revenue […]
I thought this was an interesting article that the IRS published Issue Number: IR-2016-155 Inside This Issue IRS Launches New Online Tool to Assist Taxpayers with Basic Account Information WASHINGTON – The Internal Revenue Service announced today the launch of an online application that will assist taxpayers with straightforward balance inquiries in a safe, easy and […]
I found this interesting article and thought it would be helpful http://www.journalofaccountancy.com/news/2016/nov/no-delays-anticipated-in-2017-tax-filing-season-201615547.html
In 2015, legislation was passed that will effect several business taxpayer. Partnership tax returns are now due March 15th whereas they were due April 15th. Since partnerships, including LLCs and LLPs, in themselves don’t pay taxes and the income is passed through to the partners. The earlier due date for these returns will give the partners […]