Treasury and IRS Move to Protect Health Care Benefits

The U.S. Department of the Treasury and the IRS issued proposed regulations to implement President Trump’s Working Families Tax Cuts reforms to the Premium Tax Credit (PTC), a refundable tax credit that helps eligible American taxpayers afford health insurance...

Strengthen Defenses Against Tax Identity Theft

Multi-factor Authentication, IP PINs, and Secure Online Accounts Add Layers of Protection The IRS and the Security Summit urged tax professionals and taxpayers to strengthen defenses against tax-related identity theft. In the fourth installment of the “Protect Your...

IRS Simplifies Penalty Relief

IRS Introduces Automatic Process for Eligible Taxpayers The IRS announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. The new Automatic Exemption from...

IRS and Security Summit Partners Announce New Framework

Better Protect Taxpayers The IRS and Security Summit partners announced a restructuring of the public-private partnership designed to strengthen protections and enhance information sharing across the tax system. The change supports ongoing efforts to safeguard...

IRS Resources for Small Businesses

Helpful Resources The IRS announced a series of resources to support small businesses during National Small Business Week. For over 60 years, the U.S. Small Business Administration has recognized National Small Business Week to honor the critical role small businesses...