by taxPRO Websites Staff | Dec 3, 2020 | Tax Tips and News
Day two of National Tax Security Awareness Week is all about multi-factor authentication. Following opening day warnings about the increased number of phishing scams that taxpayers will face over the holidays, during tax season, and throughout 2021, it makes sense...
by taxPRO Websites Staff | Dec 1, 2020 | Tax Tips and News
A warning has been issued to all taxpayers and tax professionals alike: Beware of scams and identity theft schemes by criminals taking advantage of the holiday shopping period, the approaching tax season and the coronavirus pandemic. The warning comes from the...
by taxPRO Websites Staff | Nov 25, 2020 | Tax Tips and News
The Internal Revenue Service and the Treasury Department have issued their final regulations on section 1031 like-kind exchanges. The regulations clarify the definition of real property under section 1031, while providing a rule governing the receipt of personal...
by taxPRO Websites Staff | Nov 24, 2020 | Tax Tips and News
The Internal Revenue Service is pairing up with a Virginia research firm in an effort to improve the agency’s procurement operations. Data and Analytic Solutions of Fairfax, Va., will team up with the IRS and a group of academic researchers with a shared goal of using...
by taxPRO Websites Staff | Nov 23, 2020 | Tax Tips and News
The Internal Revenue Service Advisory Council, also known as IRSAC, has come out with its annual report for 2020. The 195-page report includes recommendations to the IRS on new and continuing issues in tax administration. The 34-member panel is a federal advisory...
