Daily News
Below please find daily updates pertaining to the latest in financial, business, and tax news:
Taxpayer Advocate Service Feed
TAS Tax Tip: Use Caution When Using Tax Advice or Tax Return Preparers Found on Social Media
Wed, May 31, 2023May 31, 2023 – Reducing your tax liability may be tempting; however, many social media schemes are illegal and can […] The post TAS Tax Tip: Use Caution When Using Tax Advice or Tax Return Preparers Found on Social Media appeared first on Taxpayer Advocate Service. ...
Tax Pros: Join National Taxpayer Advocate Erin M. Collins at the 2023 IRS Nationwide Tax Forum
Wed, May 31, 2023May 31, 2023 – Earn CPE credits, and join us in-person at this year’s Tax Forum. Join National Taxpayer Advocate […] The post Tax Pros: Join National Taxpayer Advocate Erin M. Collins at the 2023 IRS Nationwide Tax Forum appeared first on Taxpayer Advocate Service. ...
TAS Success Story: Persistence Pays Off in Audit Dispute
Wed, May 31, 2023Mary 31, 2023 – A taxpayer contacted TAS for assistance when their tax return was selected for audit and they […] The post TAS Success Story: Persistence Pays Off in Audit Dispute appeared first on Taxpayer Advocate Service. ...
TAS Tax Tip: Secure Access to Your IRS Account Is Now Available Using ID.me
Thu, May 11, 2023June 02, 2023 – You must have an account with ID.me to access your IRS online account. The IRS now […] The post TAS Tax Tip: Secure Access to Your IRS Account Is Now Available Using ID.me appeared first on Taxpayer Advocate Service. ...
NTA Blog: Refund Statutes and the Lookback Rule Make Taxpayer and Tax Professionals’ Eyes Glaze Over
Thu, May 04, 2023May 4, 2023 – As I recently stated in my February 27, 2023, blog (NTA Blog: Lookback Rule: The IRS […] The post NTA Blog: Refund Statutes and the Lookback Rule Make Taxpayer and Tax Professionals’ Eyes Glaze Over appeared first on Taxpayer Advocate Service. ...
NTA Blog: Foreign Information Penalties: Part Three: Keeping a Watchful Eye on the FBAR Guard Dog
Tue, May 02, 2023May 1, 2023 -This is part 3 of my blog series addressing international reporting requirements. Part 1 addressed the U.S. […] The post NTA Blog: Foreign Information Penalties: Part Three: Keeping a Watchful Eye on the FBAR Guard Dog appeared first on Taxpayer Advocate Service. ...
TAS officially closes the San Jose, CA office effective April 30
Mon, May 01, 2023May 1, 2023 – Taxpayers and congressional offices in the San Jose geographic area now serviced out of the Oakland, […] The post TAS officially closes the San Jose, CA office effective April 30 appeared first on Taxpayer Advocate Service. ...
NTA Blog: Chapter 61 Foreign Information Penalties: Part Two: Taxpayers and Tax Administration Need Finality, Which Requires Legislation
Thu, Apr 20, 2023April 20, 2023 – Due process requires that matters be resolved according to established rules and principles and that taxpayers […] The post NTA Blog: Chapter 61 Foreign Information Penalties: Part Two: Taxpayers and Tax Administration Need Finality, Which Requires Legislation appeared first on Taxpayer Advocate Service. ...
TAS provides one-stop phone service for taxpayers living abroad
Tue, Apr 18, 2023April 18, 2023 – International TAS taxpayers can now call one phone number regardless of their location. If you live […] The post TAS provides one-stop phone service for taxpayers living abroad appeared first on Taxpayer Advocate Service. ...
NTA Blog: Chapter 61 Foreign Information Penalties: Part One: Taxpayers and Tax Administration Need a Legislation Fix
Mon, Apr 17, 2023April 17, 2023 – Since 2020, I have repeatedly recommended a legislative change under which Congress would make foreign information […] The post NTA Blog: Chapter 61 Foreign Information Penalties: Part One: Taxpayers and Tax Administration Need a Legislation Fix appeared first on Taxpayer Advocate Service. ...