Tag Archives: Taxpayers

Treasury Encourages Taxpayers To Check Withholding Amount

“As a result of the Tax Cuts and Jobs Act, many Americans will see more money in their paychecks due to changes that include the increase in the standard deduction and lower tax rates and brackets. Treasury wants to encourage … Continue reading

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Internal Revenue Service Reminds Taxpayers to Report Offshore Bank Accounts on FBAR Form

The Internal Revenue Service has issued its annual reminder to taxpayers that they report their foreign assets on their individual tax returns due on April 17, 2018. Individuals with offshore assets such as bank accounts generally have up to three … Continue reading

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IRS Invites Taxpayers to Apply for Membership on Taxpayer Advocacy Panel

The IRS yesterday invited taxpayers to apply for membership on the Taxpayer Advisory Panel: The IRS is inviting civic-minded individuals to help improve the nation’s tax agency by applying to be members of the Taxpayer Advocacy Panel. The panel provides… … Continue reading

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What Taxpayers need to know about Identity Theft

It has been become very common to hear news about occurrences of confidential information being stolen and used to steal a persons money by taking over the identity of that person. Most often the start of that process begins when … Continue reading

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Making Life Difficult for Taxpayers: Another Congressional “Accomplishment”

Friday a week ago the legislation to keep the federal government operating became law. But that legislation did much more. Among other things, it restored some tax deductions and credits that had expired more than a year ago. What does … Continue reading

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