FL - Guidance provided on change in application process for child care tax credit
Beginning October 1, 2024, taxpayers that wish to participate in the child care tax credit program must apply to the […]
Read MoreThe IRS has reminded taxpayers about the IRS Identity Protection PIN opt in program to help protect people against tax-related identity theft. “The Identity Protection (IP) PIN is the number one security tool currently available to taxpayers from the IRS,” the independent IRS advisory group said in its annual report to Congress. “This tool is the key to making it more difficult for criminals to file false tax returns in the name of the taxpayer. In our view, the benefits of increased IP PIN use are many.”The IRS has urged taxpayers to protect themselves through the IP PIN program as, IP PINs provide an extra layer of security for taxpayers filing their tax returns by serving as a critical defense against identity thieves. More than 8 million taxpayers have already taken the steps to obtain an IP PIN. Taxpayers can get an IP PIN through the IRS online tool.
Tax professionals who experience a data theft can assist clients by urging them to quickly obtain an IP PIN. Even if a thief already had filed a fraudulent return, an IP PIN would still offer protections for later years and prevent taxpayers from being repeat victims of tax-related identity theft. Tax professionals were urged to let their clients know that IP PINs are now available to anyone who can verify their identity. A step by step walk-through on how to register for certain online self help tools is available on the IRS website. For further assistance taxpayers can call the IRS to make an appointment at a Taxpayer Assistance Center.
Beginning October 1, 2024, taxpayers that wish to participate in the child care tax credit program must apply to the […]
Read MoreThe IRS has reminded businesses that starting in tax year 2023 changes under the SECURE 2.0 Act may affect the […]
Read MoreThe IRS and the Security Summit concluded their eight-week summer awareness campaign by urging tax professionals to implement stronger security […]
Read MoreThe IRS has reminded employers that educational assistance programs can be used to help employees pay off student loans until […]
Read MoreThe IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage […]
Read MoreThe IRS has urged taxpayers to conduct an end-of-summer tax checkup to avoid unexpected tax bills in the upcoming year. […]
Read MoreHillsborough County residents and non-residents who can verify taxable expenditures with receipts or other documentation will receive compensation equal to […]
Read MoreThe IRS Whistleblower Office has recognized the contributions of whistleblowers on the occasion of National Whistleblower Appreciation Day, which falls on July […]
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