by | Dec 5, 2020 | Tax Tips and News
The Internal Revenue Service and its Security Summit partners are warning tax professionals that cybercriminals are targeting them with new ways to get taxpayer information. The alert says thieves are readying scams that capitalize on tax professionals working from...
by | Dec 4, 2020 | Tax Tips and News
Businesses should be on high alert as thieves try to use their stolen names and data to file fraudulent income tax returns. The warning comes from the Internal Revenue Service, state tax agencies and tax industry partners who make up the Security Summit partnership....
by | Dec 3, 2020 | Tax Tips and News
Taxpayers who want to make it harder for identity thieves to successfully file a fraudulent tax return using their information will soon be able to sign up for an IP PIN. Starting in January 2021, the Internal Revenue Service says it will allow any taxpayer to sign up...
by | Dec 2, 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 | Nov 30, 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 | 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...
