Tag Archives: IRS

capitol-building-us

In her National Taxpayer Advocate report to Congress this past Tuesday, Nina Olson detailed the annual IRS appropriation of $11.2 billion and highlighted a grave disparity. Ultimately, her report recommends a different approach – one where the IRS assumes that taxpayers, for the most part, seek to obey the tax law, and can re-focus its funds to facilitate compliance by providing taxpayers with the assistance needed to meet their tax obligations.

2016-tax-developments-in-review

As we close out 2016 at Surgent Professional Education, we’ve rounded up some of the most impactful tax developments of 2016 – a monumental election year that delivered a push-and-pull of amendments, policy developments, and news bulletins. Keeping in mind the looming possibility of tax reform in 2017, we’ve also highlighted the areas we’re watching […]

irs-national-tax-security-awareness-week

On the heels of tax filing season, this IRS effort aims to help consumers protect themselves and their financial data against identity theft and tax fraud. But what can firms do to protect consumers, and more importantly, their businesses?

Form 1095-C-deadline-extended

In a surprising move, the Internal Revenue Service (IRS) issued Notice 2016-70 this week, extending the deadline for employers to furnish form 1095-C to employees and extending the good faith transition relief to the 2016 reporting year.

e-services-IRS

The IRS announced this week that e-Services users will need to re-authenticate their account. The move is part of an initiative to strengthen the security of the agency’s online services, but it involves a very prescriptive and somewhat confusing process. E-Services is an essential tool for tax preparers, yet it was unavailable for much of […]

new-IRS-scam

The IRS is warning tax professionals about a scam involving email and IRS e-services. The scam is actually a variation of a prior scam, where tax professionals receive an email asking them to update their accounts.

cyber-security

A growing number of accounting firms are expanding staff training procedures to include firm-wide guidance on how to avoid cybersecurity risks.

tax-form 3115

The IRS has made changes to Form 3115 (Application for Change in Accounting Method) that incorporate additions & edits to the Revenue Procedures 2015-13 and 2015-14.