My Tax Blog

  • IRS Furlough Day Canceled

    Tax Business Owners take note: The previously scheduled IRS furlough day due to budget constraints of Monday, July 22nd has been cancelled, and the IRS will be on the job.  We will continue to update you on the status of the next scheduled agency-wide employee furlough day, August 30, 2013, as more info from the […]

    IRS Pushes Back Employer Mandate

    The Internal Revenue Service has issued a formal notice that officially delays the employer shared responsibility provisions of the Affordable Care Act, also known as the employer mandate, for a year and postpones the information reporting requirements. The White House and the Treasury Department posted announcements about the delay last week on blogs (see Obama […]

    Republicans Propose Cutting IRS Budget By 24%…Retaliation?

    In a completely unsurprising turn of events, the GOP is proposing a 24% budget decrease for the IRS as punishment for recent events. The recent events that actually call for the reduction are up for speculation, but many things have been putting the IRS in a unwanted spotlight lately. For example, the 4.1 million dollar […]

    Federal Direct Closed for Independence Day

    It’s that part of summer again. Time to celebrate our independence with fireworks and cookouts! We wish everyone a safe and happy Independence Day! In observance of the holiday, Federal Direct will be close tomorrow, July 4th, and Friday, July 5th. The office will reopen on Monday July 8th at 9 am.

    IRS to Shutter Two Services Used by Tax Pros

    The Internal Revenue Service plans to end the Disclosure Authorization and Electronic Account Resolution on August 11th 2013. The Service claims that these electronic services aren’t used much and account for only 3% of all account-related issues. Tax practitioners are irate. It’s a newer service much faster than calling and waiting on hold. After the […]

  • Fraudulent Tax Offices and Check Cashing Stores Targeted by IRS

    The first week of the tax season has seen some interesting actions taken by the IRS.  They have actively taken aim at both high fraud tax offices and check cashing facilities that seem to consistently be in the middle of of these problematic returns.  In prior years, the IRS has taken more of a reactionary […]

    Detroit Tax Fraud Ring Blamed for First Week Slow Fund

    The IRS released insight that tax returns filed between the 17th and 24th are experiencing delays in funding, but returns filed after that 24th should be back inline with the standard funding cycle.  IRS fraud detection systems are at the root of the delays. Over $800,000 in fraudulent tax filings were said to have been […]

    PTIN payment site scheduled to be operational on Monday 1/16/2012

    The IRS’ PTIN website for renewing and obtaining Preparer Tax Identification Numbers has been a challenge this year, to say the least.  Ever since mid December, the PTIN site has been broken and under maintenance more than it has been up.  New PTIN applicants have not been able to complete the process and pay for […]

    PTIN Application Website Down For Maintenance

    Due to previously scheduled maintenance on IRS systems, the PTIN system will be unavailable for NEW applications from 5:00 PM ET on Friday, December 23 until approximately 9:00 AM ET on Monday, January 9. Preparers are still able to renew existing PTINs during this window. We sincerely apologize for the inconvenience.”

    2011 IRS Publication 17 now available

    The IRS has released the final revisions to the 2011 tax year publication 17.  This publication is probably the most comprehensive set of information covering individual tax return filing, and is also one of the forms that will be available to you while taking the upcoming RTRP examination.  You can access a downloadable form of […]

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