With states ramping up their tax enforcement personnel and sharpening their data-matching tools in 2026, Q1 filings are right in the crosshairs. Finance teams that filed just a few weeks ago may ...
An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.
The Tax Court held that taxpayers who refused to meet with IRS Appeals after being offered a conference had been given the opportunity to dispute Sec. 6707 penalties assessed against them by the IRS.
President Donald Trump has withdrawn his $10 billion lawsuit against the Internal Revenue Service (IRS) amid reports that he struck a deal with his own Justice Department to create a $1.7 billion fund ...
Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its validity online, the Taxpayer Advocate Service ...
The IRS sends various notices to taxpayers for different reasons, ranging from balance dues to identity verification. Understanding these notices is crucial for timely and appropriate responses. From ...
The IRS has the authority to take money directly from your bank accounts, but it must follow a specific process that includes sending multiple notices. Understanding this process can help you protect ...
Accounting firms are starting to see an increase in scams involving the CP53E notices that the Internal Revenue Service has been sending to taxpayers this year when they don't provide their direct ...
You’re waiting for your tax refund and just got a piece of mail from the IRS. The letter mentions there is a problem with depositing your money into your bank and asks you for your account number.
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