Tax Blog

When a major natural disaster strikes, it’s not uncommon for federal officials to pull out all the stops at their disposal to speed the wheels of recovery. That’s what’s happening now in Louisiana, in the wake of Hurricane Ida.… Read more about No Dyed Fuel Penalty for Some in Louisiana (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Just as Hurricane Ida wreaked danger and misery to people from Louisiana to the Northeast, the Internal Revenue Service is expanding its tax relief for the storm’s victims.… Read more about Tax Relief for Storm Victims Expands to Northeast (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

This summer, the U.S. has been subjected to more than its share of natural disasters. While disaster survivors may look at their tasks mainly as clearing debris and rebuilding structures, there’s another tool in the recovery tool belt that is just as important: actions that rebuild the taxpayer’s financial records.… Read more about IRS Has Tips for Rebuilding Tax Records (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

A new feature just added to the IRS’ Child Tax Credit Update Portal allows users receiving the advance credit payments to change their mailing addresses.… Read more about Change Address on Child Tax Credit Update Portal (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Impersonating the Internal Revenue Service is big business for identity thieves. These phishing scams often combine fear of the agency with urgency (and threats), and those who fall for them can soon find their information or money stolen. That’s why the IRS this week highlighted how they communicate with taxpayers.… Read more about Is This Text Really From the IRS? (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

As more employers utilize the employee retention credit to keep their workers employed—and as the pandemic continues to be a factor in American business—the Internal Revenue Service continues to issue guidance on who qualifies for the credit and how best to apply it.… Read more about Employee Retention Credit Gets More Guidance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…