Tax Filing Extension Deadline Quickly Approaching!
There are more than 11 million taxpayers who have requested an automatic six-month extension this year and have yet to file. October 15 is the deadline, but there are exceptions. There are always exceptions. Are you serving in Iraq or Afghanistan or a combat zone? If so, you can stop reading, but the majority of […]
DOJ and IRS Team Up to Combat Fraud
The IRS has two main goals when it comes to ideal operations: fraud prevention and fast disbursements of refunds. These two distinctly different goals can be difficult to attain as the application of one could hinder the other. Essentially, the DOJ plans to take information from local prosecutions to identify patterns in the cases and […]
IRS RTRP ALERT!
Information from the Return Preparer Office: The Return Preparer Office will be mailing more than 312,000 letters this week to people who have not yet scheduled an appointment to take the Registered Tax Return Preparer test. (SAMPLE RTRP NOTICE LETTER) This summer the RPO sent two different emails on this topic, but the RPO Office […]
Why is Tax Season Starting Later and Later?
An interesting question was posed this morning that made me think and question it myself. That question was “why does tax season seem to begin later and later every year?” My first thought was simply the day of the week that that date range falls on, but then I pulled up the calendar. Tax season […]
Attention- CAAs- Important Warning!!!!!
This notice is particularly for Certified Acceptance Agents. Hopefully, you all have kept appropriate documentation on returns which had W-7 applications for an Individual Taxpayer Identification Number. The word on the street is that the IRS is taking a sample pool of ITINs per CAA and investigating the appropriateness of the work done. By that […]