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Get... [Read More] | | | | IRS warns of Scams that targeting Taxpayers. | |
Feb 08, 2018 - 7:31 PM - by TaxGuru | 
IRS has identified the following "IRS Impersonated phone call scams targeting taxpayers" as follows;
1. A sophisticated phone scam targeting taxpayers, including recent immigrants, has been making the rounds throughout the country. Callers claim to be IRS employees, using fake names and bogus IRS identification badge numbers. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling.
2. Victims... [Read More] | | | | Summary of FATCA Reporting for U.S. Taxpayers | |
Oct 08, 2017 - 3:12 PM - by TaxGuru |
Per IRS, Taxpayers may have to report information about foreign financial assets and accounts.
The Foreign Account Tax Compliance Act (FATCA) is an important development in U.S. efforts to combat tax evasion by U.S. persons holding accounts and other financial assets offshore. The Treasury Department and the IRS continue to develop guidance concerning FATCA. For current and more in-depth information, please visit FATCA.
Under FATCA, certain U.S. taxpayers holding... [Read More] | | | | IRS is providing Help for Victims of Hurricane Harvey | |
Oct 08, 2017 - 3:01 PM - by TaxGuru |
The IRS is providing help to the victims of Hurricane Harvey. Special tax relief and assistance is available to taxpayers in the Presidential Disaster Areas.
Hurricane Harvey Relief
The IRS is offering relief to individuals who reside or have a business in Aransas, Austin, Bastrop, Bee, Bexar, Brazoria, Burleson, Calhoun, Chambers, Colorado, Dallas, De Witt, Fayette, Fort Bend, Galveston, Goliad, Gonzales, Grimes, Hardin, Harris, Jackson, Jasper,... [Read More] | | | |    
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