April 15 Tax Payment Deadline Postponed
The IRS has officially announced as of March 21, 2020, that the federal income tax filing due date has been extended from April 15,...
April 15th Deadline to be Postponed? Plus, Trump Promises Relief Through Payroll Tax Cuts
Congress is evaluating the need to extend the April 15th filing deadline. With the impending slow-down of the workforce due to the Coronavirus, Congress...
National Tax Security Awareness Week begins; IRS and Security Summit partner offer Cyber Monday...
The Internal Revenue Service
and the Security Summit partners opened this year’s National Tax Security
Awareness Week with a warning for holiday shoppers on Cyber Monday...
Deep Dive: IRS Criminal Investigations
Although the list of activities performed by agents of the IRS are numerous, they all share a common goal: making money for the USA....
New IRS Plan Set to Modernize Tax Practitioner Solutions
The IRS recently announced their IRS Modernization Plan, a six-year strategy to modernize IRS Information technology systems and build critical infrastructure needed for the future of...
IRS Answers Questions About How the Government Shutdown Affected Audits
IRS employees returned to work on January 28, 2019 and resumed activities. Upon their return to the office, they began to review mail, voice...
IRS Updates February 2019
Latino Tax Pro had the privilege to attend the monthly IRS National Practitioner Liaison meeting in Washington D.C. on February 14, 2019. This meeting...
New 20% Deduction for Schedule C Filers
There’s a lot of confusion and buzz around the new 20% deduction for small business owners. Who does it apply to? How does it work? When...
New 20% Deduction for Schedule C Filers
here’s a lot of confusion and buzz around the new 20% deduction for small business owners. Who does it apply to? How does it work? When...
What Tax Season Will Look Like if the Government Shuts Down Again
The federal government was partially shut down from December 22-January 25, the longest shutdown in U.S. history. There were 800,000 government employees who were...
Latest article
Top 10 Federal Tax Implications of Rescheduling Cannabis as a Schedule III Drug
In a letter dated August 29, the Department of Health & Human Services made an official recommendation to the Drug Enforcement Administration (DEA) to...
1099-K Delay Announced by IRS
Early last week the IRS announced another in the changes to 1099-K reporting requirements. The requirements have been plaguing tax preparers for the last...
Protect Your Clients, Protect Yourself
The IRS and Security Summit partners have developed the following "Tip Sheet" for tax professionals, businesses, taxpayers
Earlier this year the Security Summit’s Protect Your Clients;...