IRS Highlights New Business Tax Account Features, FS-2024-27
The IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreAs the National Tax Security Awareness Week concludes, the IRS emphasized on the ongoing need for taxpayers and tax professionals to stay vigilant against evolving scams throughout the filing season and beyond. Amidst ever-changing tactics employed by identity thieves via email, text, phone, or mail, taxpayers were urged to remain cautious, especially regarding deceptive communications posing as legitimate entities in the tax and financial sector.
Taxpayers need to be vigilant for various red flags that may signal identity theft or a tax scam. Some key indicators include:
Further, if taxpayers suspect they are victims of tax-related identity theft and have not received an IRS alert letter, they should promptly submit Form 14039, Identity Theft Affidavit. Additionally,an IP PIN offers an extra layer of security and can be obtained by visiting the IRS online tool Get an IP PIN. Creating an IRS Online Account ahead of potential scams prevents fraudsters from using stolen personal information to establish an account, ensuring that scammers cannot create a fraudulent account for the same individual.
The IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreThe IRS has issued a series of questions and answers for 401(k) and similar retirement plans that provide, or wish […]
Read MoreThe IRS Whistleblower Office has recognized the contributions of whistleblowers on the occasion of National Whistleblower Appreciation Day, which falls on July […]
Read MoreThe floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read MoreThe IRS has issued a reminder that summer day camp expenses may be eligible for the Child and Dependent Care tax […]
Read MoreThe IRS has updated frequently asked questions (FAQs) to provide guidance related to the critical mineral and battery component requirements […]
Read MoreThe IRS has warned taxpayers not to fall for scams centered around the Fuel Tax Credit, the Sick and Family […]
Read MoreThe IRS has issued a cautionary alert to taxpayers about a new scam exploiting clean energy tax credits. This emerging […]
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