IRS News
IRS: Kentucky storm, flooding victims now eligible for tax relief; October 17 deadline, other dates extended to November 15 | Internal Revenue Service
Storm victims in parts of Kentucky now have until November 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
Security Summit: Tell-tale signs of identity theft tax pros should watch for | Internal Revenue Service
With identity thieves continuing to target the tax community, Internal Revenue Service Security Summit partners today urged tax professionals to learn the signs of data theft so they can react quickly to protect clients.
Basic things all businesses should know about excise tax | Internal Revenue Service
Excise tax is an indirect tax on specific goods, services and activities. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.
Knowing how the IRS contacts taxpayers can help protect people from scammers | Internal Revenue Service
Scammers often pose as the IRS to steal taxpayers’ personal information. They may reach out through fraudulent phone calls, emails, texts or social media messages. It’s important for taxpayers to understand how the IRS contacts people, so they don’t fall victim to identity thieves.
Tax
Cryptocurrency Should Be Taxed As Investments, Not Money
Like many crypto supporters, Toomey and Sinema appear to want tokens treated as both money and property.
From The Desk of Keith L. Jones, CPA
The IRS Tax Levy & 6 Ways IRS Uses Levies To Collect Taxes
An IRS tax levy permits seizure of property to satisfy a tax debt including garnishing wages, taking money in your bank account, taking & selling real property.