The IRS reports that criminals perpetrating tax-related identity theft scams are taking a new approach with one of their greatest hits: the Social Security Number scam.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

In a matter of weeks the 2020 filing season will be underway. To help ensure that taxpayers don’t get caught unprepared, the IRS is recommending everyone to act now to avoid any tax-time surprises and ensure smooth processing of 2019 tax returns.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

A recent Internal Revenue Service press release revealed the tax year 2020 annual inflation adjustments, which affect a number of tax items, including marginal tax rates, the Alternative Minimum Tax, the Earned Income Credit, and more.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service has released cost-of-living adjustments for tax year 2020 covering dollar limitations for pension plans and other retirement-related items.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

While some parts of the U.S. will be glad to see sunny skies, other areas remain in a drought situation. Parts of the far west, Texas, the south and Alaska and Hawaii—even parts of Puerto Rico—are dealing with officially declared drought conditions, according to the Department of Agriculture.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…