IRS News


MYIRS Blog

Types of IRS Audits

  Types of IRS Audits Getting picked for the IRS audit is enough to make anyone sweat. We all fear and dread that moment, don’t we? The real question is: is it because of the way we conceive the idea of getting audited or is it actually that...

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MYIRS Blog

IRS Audit RED Flags

IRS Audit Red Flags Some taxpayers get through the tax season every year unscathed while others undergo tax audits. An IRS audit is no less than a nightmare. Let’s just say nothing strikes fear in the heart of a taxpayer like getting selected for ...

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MYIRS Blog

The IRS Turns up the Pressure on Prosecutions for Identity Theft

The IRS turns up the pressure on prosecution for identity theft and sends a warning to criminals!  Click on the link below to see the Top Ten Identity Theft Prosecutions for Fiscal Year2014. http://www.accountingtoday.com/news/tax-practice/irs-step...

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Dec, 201815

After President Trump Signed the 'Last Minute Tax Law,' Married Couples Are Rushing to Get Divorced By December 31. (Why Didn't Anyone Predict This?) - Inc.

After President Trump Signed the 'Last Minute Tax Law,' Married Couples Are Rushing to Get Divorced By December 31. (Why Didn't Anyone Predict This?)  Inc.You might remember that a year ago, on the Friday before Christmas (Christmas was on a Mo...

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Dec, 201815

Inslee’s big tax plan: Even Democratic lawmakers aren’t all on board - The Seattle Times

Inslee’s big tax plan: Even Democratic lawmakers aren’t all on board  The Seattle TimesWhile many say they support his ambitious budget proposal, Washington's Democratic lawmakers Friday gave mixed reviews of Gov. Jay Inslee's $3.7 billion ...

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Dec, 201815

Your 2019 Guide to the Alternative Minimum Tax - The Motley Fool

Your 2019 Guide to the Alternative Minimum Tax  The Motley FoolThe alternative minimum tax, or AMT, was implemented in 1969 to ensure that all Americans pay their fair share of taxes -- particularly high-income individuals ...

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Dec, 201814

California’s New Tax on Texting - The Wall Street Journal

California’s New Tax on Texting  The Wall Street JournalCalifornia brings to mind the Beatles' famous song “Taxman.” The state already has the highest income-tax rate in the country on top of punishing sales and gas ...

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Dec, 201814

State income tax to drop, edging closer to 5 percent - The Boston Globe

State income tax to drop, edging closer to 5 percent  The Boston GlobeThe state's income tax rate will drop from 5.1 percent to 5.05 percent in January. But other changes could be in store for taxpayers if the economy keeps ...

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Dec, 201812

Trump to Steer More Money to ‘Opportunity Zones’

An executive order is the administration’s latest attempt to turn a provision from the sweeping 2017 tax law into a major effort to combat poverty.

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Dec, 201811

Senate Confirms Treasury Tax Law Architect as Deputy Secretary

Justin Muzinich, a former Wall Street banker, joins the top ranks of President Trump’s economic team.

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