by Rupinder | Dec 8, 2016 | Uncategorized
Tax Professionals: Protect Your Clients; Protect Yourself Due to the sensitive client data held by tax professionals, cybercriminals increasingly target the tax preparation community. Thieves use a variety of tactics, from remote computer takeovers to phishing scams....
by Rupinder | Dec 7, 2016 | Uncategorized
Protect Your Clients: Security Summit Partners Warn Tax Pros of Cybercriminals, Launch New Awareness Tips The Internal Revenue Service, state tax agencies and the tax industry today warned tax professionals of the continuing threat from cybercriminals and launched a...
by Rupinder | Nov 30, 2016 | Uncategorized
Next week is National Tax Security Awareness Week As the 2017 tax season approaches, the IRS announced a special “National Tax Security Awareness Week” will take place next week to help taxpayers and the tax community protect sensitive tax and financial data. As...
by Rupinder | Nov 21, 2016 | Uncategorized
The January 20 swearing-in of Donald Trump as President – and the resulting change in control of the Administration to Republican hands – will result in significant changes in tax policy. What can tax professionals expect as we begin tax season and beyond? IRS...
by Rupinder | Nov 18, 2016 | Uncategorized
The Internal Revenue Service Advisory Council (IRSAC) Annual Report released on November 16 calls on the agency to “remove obsolete language and clarify inconsistent sections,” primarily as a result of the decision in Loving v. IRS, 742 F.3d 1013 (D.C....
by Rupinder | Nov 7, 2016 | Uncategorized
The standard deductions for single taxpayers, heads of households and married individuals will increase slightly in 2017, but the personal exemption is unchanged, the IRS said in an October 25 news release (IR-2016-139). Taxpayers will use the information when filing...
