J.K. Lasser’s Your Income Tax Professional Edition 2017 by J.K. Lasser Institute Hardcover: 1032 pages Publisher: Wiley; 1 edition (December 19, 2016) J.K. Lasser’s Your Income Tax: Professional Edition 2017 offers individual taxpayers and tax professionals the latest, most up to date tax information. Completely annotated, this authoritative text guides you toward the case law, IRS code… Read More »
IRS Reminds International Taxpayers of Tax Obligations; Clarifies Rules for Tax Withholding Agents WASHINGTON – The Internal Revenue Service today reminded non-U.S. citizens who may have taxable income, such as international students and scholars who may be working or receiving scholarship funds, that they may have special requirements to file a U.S. tax return. The… Read More »
Name Change? How It Impacts Taxes A name change can have an impact on taxes. All the names on a taxpayer’s tax return must match Social Security Administration records. A name mismatch can delay a tax refund. Here’s what taxpayers should know if they changed their name: Reporting Name Changes. Got married and now using… Read More »
Remedial amendment period for 403(b) plans ends March 31, 2020 (Rev. Proc. 2017-18) Universal availability: Issue Snapshot explains and gives cites, resources and audit tips Watch these webinars: Understanding the Universal Availability Rules in a 403(b) Retirement Plan Clarifying the Universal Availability and Other 403(b) Retirement Plan Requirements
IR-2017-41, Feb. 22, 2017 WASHINGTON — The Internal Revenue Service announced today that publicly available information from approved applications for tax exemption using Form 1023-EZ, Streamlined Application for Recognition of Exemption, is now available electronically for the first time. The data on IRS.gov is available in spreadsheet format and includes information for approved applications beginning… Read More »
Itemize or Choose the Standard Deduction Most taxpayers claim the standard deduction when they file their federal tax return. However, some filers may be able to lower their tax bill by itemizing. Find out which way saves the most money by figuring taxes both ways. The IRS offers the following six tips to help taxpayers… Read More »
IRA/Retirement Plan 60-Day Rollover Waivers Find out how you can get a waiver if you missed the 60-day deadline through no fault of your own to roll over an IRA or retirement plan. For more information, go to https://www.irs.gov/rollovers
Retirement Plan and IRA Rollovers Find out how you can roll over funds in an IRA or retirement plan into another account. For more information, go to https://www.irs.gov/rollovers
New procedures for getting an Individual Taxpayer Identification Number (ITIN) Find out the new procedures for getting an Individual Taxpayer Identification Number (ITIN). You can also go to www.irs.gov/itin
IRS Summarizes “Dirty Dozen” List of Tax Scams for 2017 IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL Tax Scams – English | Spanish | ASL WASHINGTON — The Internal Revenue Service today announced the conclusion of its annual “Dirty Dozen” list of tax scams. The annual list highlights various schemes that taxpayers… Read More »