Sep 11, 2025 | IRS, Tax Credit
IRA Assesses $162 Million in Penalties The IRS is warning taxpayers about an increasing wave of scam tax schemes spreading across social media, which encourage the improper use of credits like the Fuel Tax Credit and the Sick and Family Leave Credit. These frauds have...
Aug 12, 2025 | IRS, security
IRS Security Summit Reminder The article, published by the IRS, highlights the importance of tax professionals maintaining a Written Information Security Plan (WISP) to safeguard client data from identity theft and breaches. This is part of the “Protect Your...
Jun 12, 2025 | IRS, tax penalties
The IRS offers resources for taxpayers who missed the April 2025 federal income tax filing deadline and owe taxes, interest, and penalties. If you’ve missed the IRS tax filing deadline, it’s important to act promptly to minimize any potential penalties and...
Apr 30, 2025 | disaster relief, IRS
You Never Know When A Disaster Might Occur Disaster preparation season kicks off soon with National Wildfire Awareness Month in May and National Hurricane Preparedness Week, May 4-10. Be Prepared The IRS emphasizes the importance of preparation. With 12 major disaster...