Tax-Turbo

IRS Releases Reporting Guidance For Partnership Interests Held In Connection With The Performance Of Services <h1><strong>IRS Releases Reporting Guidance For Partnership Interests Held In Connection With The Performance Of Services</strong></h1>  WASHINGTON — The Internal Revenue Service today posted detailed reporting directions for certain passthrough entities and taxpayers reporting of partnership interests held in connection with […]

IRS Help For Employers Wanting To Rehire Retirees Or Keep Them After Retirement Age <h2><strong>IRS Help For Employers Wanting To Rehire Retirees Or Keep Them After Retirement Age</strong></h2><p style=”background: white; margin: 0in 0in 7.5pt 0in;”>The IRS reminds employers they generally won’t jeopardize the tax status of their pension plans if they rehire retirees or permit

Publications Help Taxpayers Get Ready And Stay Ready For Tax Filing Season <h2><strong>Publications Help Taxpayers Get Ready And Stay Ready For Tax Filing Season</strong></h2>  With the tax filing season almost here, taxpayers should check out two IRS publications available on IRS.gov. These publications can help people get prepared and stay organized with tips for year-round

Tips To Help Taxpayers Choose A Reputable Tax Return Preparer <h1><strong>Tips To Help Taxpayers Choose A Reputable Tax Return Preparer</strong></h1>  As taxpayers get ready to file their 2022 tax return, they may be considering hiring a tax return preparer. The IRS reminds taxpayers to choose a tax return preparer wisely. This is important because taxpayers are responsible

Tax Professionals Should Review Data Safeguards <h1><strong>Tax Professionals Should Review Data Safeguards</strong></h1>  With the tax filing season around the corner, the IRS and its Security Summit partners remind tax pros to review their security measures. The Taxes-Security-Together Checklist can help tax professionals identify the basic steps they should take to safeguard their clients and their business. Here’s an overview

Small Security Measures That Make A Big Difference When It Comes To Online Safety <h1>Small Security Measures That Make A Big Difference When It Comes To Online Safety</h1>Cybercrime is a constant concern in the online world which means everyone <a href=”https://www.irs.gov/newsroom/tax-scams-consumer-alerts&#8221; data-entity-substitution=”canonical” data-entity-type=”node” data-entity-uuid=”8a6e6ea4-9558-49f6-bdc8-eaa75cf31823″>must be mindful of risks</a> when they share devices, shop online and interact on

Tips To Help Taxpayers Decide How And When To File An Amended Tax Return <h2><strong>Tips To Help Taxpayers Decide How And When To File An Amended Tax Return</strong></h2>  After filing their tax return, taxpayers may find they made an error or forgot to enter something on it. The IRS strongly recommends taxpayers use the Interactive

Get Ready For Taxes: Here’s What’s New And What To Consider When Filing In 2022 <h2><strong>Get Ready For Taxes: Here’s What’s New And What To Consider When Filing In 2022</strong></h2>  The IRS encourages taxpayers to get informed about topics related to filing their federal tax returns in 2022. These topics include special steps related to

Tax Benefits Of Making A Business Accessible To Workers And Customers With Disabilities <h2><strong>Tax Benefits Of Making A Business Accessible To Workers And Customers With Disabilities</strong></h2>  Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Here’s an overview of the tax incentives

Security Tip For Tax Pros: Remember To Safeguard EFINs <h1><strong>Security Tip For Tax Pros: Remember To Safeguard EFINs</strong></h1>  Tax professionals are prime targets for criminals. These criminals not only want to steal client data, but also the professionals’ data, such as their electronic filing identification numbers. A thief who breaches the data of just one