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IRS

IRS WARNS PREPARERS OF NEW EFIN SCAM

The IRS has announced upcoming training and other information for tax preparers to warn them of recent scams including fraudsters impersonating various software companies in an attempt to steal Electronic Filing Identification Numbers (EFINs). To read the complete IRS...

$1 Billion Gift from the IRS

For 4.7 million taxpayers, the IRS has agreed to abate late filing penalties for tax returns filed late for tax years 2020 and 2021.  Although the IRS plans to return to normal post-pandemic collection procedures, the IRS is beginning by granting this relief to help...

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