The Internal Revenue Service successfully implemented a congressionally mandated program involving private debt collectors in collecting unpaid taxes,
The Internal Revenue Service needs to improve its procedures to prevent the fraudulent use of third-party authorization forms, such as power of attorney filings, to obtain taxpayer information
The Internal Revenue Service issued guidance today on new tax law changes that allow small business taxpayers with average annual gross receipts of $25 million or
The Internal Revenue Service and the Security Summit partners outlined critical steps for tax professionals to protect their computers and email as well as safeguarding sensitive taxpayer data.
The Internal Revenue Service and its Security Summit partners today kicked off a summertime security
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2018, as they were in the quarter that began on April 1.
The Internal Revenue Service (IRS) today announced that it will waive certain late-payment penalties relating to the section 965 transition tax, and provided additional information for individuals subject
The Internal Revenue Service today announced that the application period for Low Income Taxpayer Clinic (LITC) grants for calendar year 2019 will run from May 16, 2018, to June 27, 2018.
The Internal Revenue Services announced that it is providing one more day to taxpayers for filing and paying their taxes following system issues that surfaced early on the April 17 tax deadline.
The IRS continues to expand its efforts to detect tax refund fraud. As of February 24, 2018, the IRS reported that it identified 9,557 tax returns with approximately $46 million claimed in fraudulent refunds and prevented
According to new guidelines released by IRS this Thursday extra tax filling relief will be offered to certain partnerships, real estate mortgage investment conduits (REMICs), and other entities that did not file the required returns..
Taxpayers can expect many of their cherished deductions for charitable contributions, family members, and state and local taxes to go away under the Senate tax reform legislation. Gary DuBoff, a principal in the Tax and Accounting Department at MBAF, ..
Preparer Tax Identification Number renewal season has begun, the IRS announced. Anyone who charges for preparing or assisting in the preparation of federal tax returns must have a valid 2018 PTIN beforehand. .
Updated power of attorney form 1832 of South Dakota Department of Revenue, form 33 for Nebraska, form 500 of State of New Jersey Division of Taxation, form DP-2848 for New Hampshire, in IRSLogics.
The Internal Revenue Service has proposed regulations allowing truncated Taxpayer Identification Numbers on the Form W-2 to help protect people’s Social Security Numbers from identity theft.
The Internal Revenue Service’s Computer Security Incident Response Center is preventing some cybersecurity violations, but could use some improvements, according to a new report.
White House chief strategist Steve Bannon appears to be running against the grain of President Donald Trump's tax-cut push, as the former Breitbart News executive reportedly is hoping for a top income tax bracket with a "4 in front of it."
Tax professionals wishing to attend the IRS Nationwide Tax Forum in Orlando, Fla., can save $115 by registering soon, according to the Internal Revenue Service. The Orlando IRS Nationwide Tax Forum will take place July 11 to 13. ..
The American Institute of CPAs is appealing a court decision that upheld the Internal Revenue Service’s voluntary program for tax preparer education and testing. The IRS introduced the Annual Filing Season ..
The American Institute of CPAs has sent comments to the Internal Revenue Service and the Treasury Department on proposed regulations for estate tax basis reporting.
The Internal Revenue Service still doesn't have the authority from Congress to correct billions of dollars in erroneous claims for the Earned Income Tax Credit despite recent legislation, according to a new report.
The IRS will now return newly filed Offer in Compromise applications if the taxpayer has not filed all required returns. Any fees included with the OIC will also be returned. ..
The Internal Revenue Service is changing its procedures for resolving issues with corporate taxpayers through pre-filing agreements while also increasing the fees...
The Internal Revenue Service reported that the average annual tax gap has increased to $458 billion for tax years 2008-2010, compared to $450 billion for tax year 2006..
The Internal Revenue Service’s expanded use of controls this tax season to identify fraudulent refund claims before accepting them into its processing system has allowed the IRS to identify approximately ..
Reports by the public of suspected underreporting of taxes or other tax violations can help the IRS detect millions of dollars in taxes that would otherwise go uncollected, the report pointed out.
In a March 4 letter, the AICPA urged the U.S. Department of the Treasury and the IRS to delay the estate basis reporting due date from March 31, 2016 until May 31 due to proposed regulations covering the new reporting
The IRS urged tax professionals in an email to verify their Electronic Filing Identification Number activity to safeguard against tax fraud. The IRS noted that tax preparers need to protect both their EFIN and ETIN (Electronic Transmitter Identification Number), ..
The Internal Revenue Service said Tuesday evening that it recently identified and halted an automated attack upon its Electronic Filing PIN application on IRS.gov.
A large number of important tax changes go into effect this year. Many were ushered in by the Protecting Americans from Tax Hikes (PATH) Act of 2015, although legislation enacted earlier in 2015 and in 2014 also contributed a fair share.
The Internal Revenue Service needs to do more work to refine its latest fraud detection system to catch the new schemes that its older system managed to detect, according to a government report.
The Internal Revenue Service is getting set for the opening of the 2016 individual income tax-filing season on January 19, promising improved taxpayer service and security, and a functioning Practitioner Priority Line,
The Internal Revenue Service said Tuesday that taxpayers are receiving letters with the wrong date listed for their Identity Protection Personal Identification Numbers, which are generally issued to victims of tax-related identity theft.
The US Internal Revenue Service (IRS) has disclosed that it has sent letters to those taxpayers who may not be entitled to some or all of the earned income tax credit (EITC) claimed on their 2014 tax returns.
The Internal Revenue Service has not established a service-wide approach to managing effective authentication processes and procedures for individual taxpayers’ identities, according to the Treasury Inspector General for Tax Administration.
The Internal Revenue Service will begin accepting individual tax returns on Tuesday, Jan. 19, 2016. The announcement followed the passage on Friday of the tax extenders legislation last Friday, January 19 is one day earlier ..
Congressional leaders are pushing to reach a deal on a must-pass U.S. government spending bill as a Friday deadline nears to avoid a federal shutdown, even as they concede that lawmakers may have to work into the weekend and beyond.
A pair of Republican lawmakers have introduced legislation to require professional tax preparers to undergo examinations, take annual continuing education classes and submit to a background check.
The Internal Revenue Service is simplifying the paperwork and record-keeping requirements for small businesses by raising the safe harbor threshold for deducting certain capital items from $500 to $2,500.
The Internal Revenue Service has improved its audits of high-income taxpayers but needs to re-evaluate whether the threshold of $200,000 for auditing wealthy taxpayers efficiently uses the agency’s examination resources, according to a new report.
For filing season 2016, the Internal Revenue Service will test a capability to verify the authenticity of W-2 data as part of a series of steps to combat tax-related ID theft and refund fraud.
Internal Revenue Service commissioner John Koskinen told a group of tax practitioners that budget cuts at the agency are harming not only taxpayers, but tax practitioners as well,
The Internal Revenue Service said Thursday that federal tax preparers will soon pay less for a preparer tax identification number, or PTIN, and reminded non-credentialed tax preparers of major upcoming
The Internal Revenue Service met with a group of state tax administrators and tax industry leaders Tuesday to discuss additional steps they are taking for next tax season to strengthen safeguards against identity theft and tax refund fraud.
The Internal Revenue Service said Friday it has collected more than $8 billion from its Offshore Voluntary Disclosure Programs as more than 54,000 taxpayers have come forward to tell the IRS about previously hidden foreign assets.
The Internal Revenue Service has not been revoking the Preparer Tax Identification Numbers of thousands of tax preparers who fail to comply with IRS rules and their own tax-filing and payment obligations, according to a new report.
The Internal Revenue Service is testing a new Return Review Program to help identify instances of tax return fraud, but the security of the system needs improvement, according to a new government report.
The Internal Revenue Service’s Automated Collection System lacks key controls for selecting which delinquent tax cases to pursue, according to a new report by the Government Accountability Office.
The Internal Revenue Service’s total tax debt inventory has increased 23 percent since 2009 to $380 billion, according to a new government report, while the agency’s collection staff has declined 23 percent after years of budget cuts.
The Internal Revenue Service has been scaling back its activities and using some of its budgeting flexibility to absorb funding cuts, according to a new government report. ..
IRS Commissioner John Koskinen has confirmed to Congress that illegal immigrants granted amnesty under President Obama’s new programs could claim back refunds even when they never filed returns to pay their taxes in the first place. Sen. Chuck Grassley,
Normally student loan borrowers send their loan servicer payments to keep up with their debt. Come next month, it'll be the other way around for nearly 78,000 military veterans who will start receiving refund checks from Navient,
The Internal Revenue Service today reminded businesses in U.S. territories that they must file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, when they engage in cash transactions in excess of $10,000.
A Bill that would makes individuals with tax debts ineligible for federal employment has been marked up by the US House of Representatives Oversight and Government Reform Committee.
During an April 22 hearing of the US House of Representatives Ways and Means Subcommittee on Oversight, Republican lawmakers raised concerns at issues arising during the 2015 tax filing season and the service offered by the Internal Revenue Service.
House of Representatives Ways and Means Committee Chairman Paul Ryan (R – Wisconsin) and Senate Finance Chairman Orrin Hatch (R – Utah) have sent a letter to a coalition of small businesses
There is a scam going around for the public to beware of, with the scammers calling individuals and claiming to work for the government. This IRS scam has cost victims $15 million or more, reports CNN.
Dear Logics Users, Good News! Logics is now integrated with a Short Message Service (SMS) system, which can be activated for you upon your request.
The Treasury Department announced that taxpayers do not have to file amended returns if they already filed their 2014 tax returns relying on forms sent by the government that contained incorrect information about their health coverage
Following the end of the Affordable Care Act's (ACA's) open enrollment period for 2015 on February 15, Democrat lawmakers have urged the US Administration to grant a special enrollment period for individuals paying
The Internal Revenue Service (IRS) has released revised versions of its Tax Guide for Aliens, providing guidance for resident and nonresident aliens for use in preparing their 2014 tax returns, and..
The Internal Revenue Service and the Free File Alliance on January 16 th 2015 announced the launch of Free File, which makes brand-name tax software products and electronic filing available to most taxpayers for free.
The 2015 tax-filing season is almost upon us. The Internal Revenue Service (IRS) announced at the end of December that it will begin accepting tax returns for the 2014 fiscal year starting Jan. 20.
The United States Internal Revenue Service (IRS) is required by law to take action in federal programs identified as being at high risk of improper payments, and it needs to classify the Additional Child Tax Credit
The United States House of Representatives has passed, by a bipartisan vote of 378-46, a Bill that approves a one-year renewal for the "tax extenders." Following the failure of other more selective and longer-term proposals,
The United States Internal Revenue Service (IRS) has recently released revenue procedures, final regulations and a notice on the application of certain health care provisions within the Affordable Care Act (ACA), including the premium tax credit and the individual employee mandate.
More than 500 United States organizations, representing a wide range of individuals, businesses, and non-profit organizations, delivered a letter on November 18 to the House of Representatives urging lawmakers to work
The New Jersey Division of Taxation (Division) is trying to help taxpayers resolve unpaid tax liabilities for tax periods 2005 through 2013. Through November 17, 2014, the Division is offering taxpayers
We are happy and proud to introduce our in-house E-Signature module to our valued clients. E-Sign is fully integrated with IRSLogics platform and its beta version is now available to all clients for a limited period free trial.
Following the requests from our valued clients regarding integration with variety of merchant gateways, we are happy to announce that IRSLogics is now integrated with more than 100 merchant gateways.
We have recently updated the IRS Forms 9465 and 433-B, as well the California Franchise Tax Board POA.
We recently made a few updates to the Invoice Types tab in the administration section. You can now customize your own invoice types by clicking Add Invoice Type at the top of the page.
We are aware that the current versions of these forms in irsLogics need to be updated. We are working on getting these forms updated as fast as we can, and you should see them shortly.
To have an even better experience with your iPad: Open your Safari browser. Log in to your irsLogics account. Tap on the icon next to the URL text-box. Select Add to Home Screen.
Due to the high demand of integration with a 'tax resolution friendly' merchant processor, we have recently added full support of Millennium Merchant Services to irsLogics.
Pin to Top: Is there always this one activity that you and your colleagues are working on and every time you open the case you have to scroll all the way down to find it? Now with "Pin to Top" option, available on the activity window, you
Administrators can define IP restriction for a particular user in the organization. This will restrict user from accessing irsLogics services outside the specified IP address(es). To do this: go to 'User Management/Users'.
Four years ago when we started irsLogics as a product, we promised our dear clients to keep up with the latest IRS changes and updates in forms, regulations and financial standards.
We recently added two new features to irsLogics: 1. Ability to send fax cover sheet. 2. Ability to export a task filter to excel.
The newly released IRS Form 2848 (Power of Attorney and Declaration of Representative) has been updated in irsLogics. In addition, the following federal forms were recently added to the system:
All IRS financial standards have been updated in irsLogics. Although these rate changes are minor, they can still impact the calculations in financial interview expense and summary screens.
The newly released IRS Form 2848 (Power of Attorney and Declaration of Representative) has been updated in irsLogics. We also recently updated the following forms with the latest rev. and changes:
Get answer to your questions: -Use the search to find answer to your question -Watch video tutorials -Read Frequently Asked Questions -Or ask your question in Q&A site.
irsLogics is scheduled to be moved to a new facility in the following time frame. Services may be limited or unavailable during this period. Starting: Saturday August 21st @12PM PST Ending:..
We are pleased to announce the release of Team/Affiliate version of irsLogics, adding new capabilities for back-end tax resolution service providers to manage and expand their business.
All IRS financial standards have been updated in irsLogics. IRS has recently published updated rates of national, local and regional standards for use in calculating repayment of delinquent taxes.
We are pleased to announce the release of irsLogics' Calendar and Event Management modules. The new features will enable you and your staff to:
IRS Form 843 (Claim for Refund and Request for Abatement) has been added to irsLogics. You can find Form 843 in Case screen under the Forms section.
We are pleased to announce the release of 'IRS Resources' tools in irsLogics. Using this tool, users can access the latest news from IRS, view and read the Internal Revenue manual and other