Identity protection programs get boost from IRS

The IRS expanded a couple programs to protect taxpayers from identity theft. Masking identifying information on business tax transcripts The IRS now masks sensitive data on both business and individual tax transcripts. In an effort to protect taxpayers from identity theft, the IRS began masking sensitive data on individual tax transcripts two years ago, and […]

IRS Tax Tip: Gather records early for a smoother tax season

As taxpayers are getting ready to file their taxes, one of the first things they’ll do is gather their records. To avoid refund delays, taxpayers should gather all year-end income documents before filing a 2019 tax return. It’s important for folks to have all the needed documents on hand before starting to prepare their return. […]

IRS Tax Tip: Common errors taxpayers should avoid

Filing a tax return electronically reduces errors because the tax software does the math, flags common errors and prompts taxpayers for missing information. Using a reputable tax preparer – including certified public accountants, enrolled agents or other knowledgeable tax professionals – can also help avoid errors. Mistakes can result in a processing delay, which can mean it takes more […]