by taxPRO Websites Staff | Dec 14, 2021 | Tax Tips and News
The Internal Revenue Service has updated its online information with the aim of helping individual taxpayers qualify for Economic Impact Payments (EIPs) if they didn’t already get one. The agency says it has updated its frequently asked questions (FAQs) on the 2020...
by taxPRO Websites Staff | Dec 10, 2021 | Tax Tips and News
Tax professionals have been in the crosshairs of cybercriminals for some time now, and it’s only getting worse. Now, the crooks are casting their nets, not only for client data, but to snare vital data of the tax pros themselves. The Internal Revenue Service says this...
by taxPRO Websites Staff | Dec 10, 2021 | Tax Tips and News
While most Americans have their eyes firmly on the Christmas holidays, many US retirees have another milestone to consider. While the holidays are the emotional favorite, they shouldn’t let the deadline slip by to make Required Minimum Distributions (RMDs) from their...
by taxPRO Websites Staff | Dec 8, 2021 | Tax Tips and News
With the passage of Thanksgiving, Americans are shifting into gifting mode. For many, that means giving a holiday monetary gift to a well-deserving charity of one sort or another. Unfortunately, scammers can use this noble intention to enrich themselves through fake...
by taxPRO Websites Staff | Dec 8, 2021 | Tax Tips and News
Six little numbers. They could be all the difference between a happy taxpayer and someone who’s fallen victim to identity thieves. The six numbers make up an Identity Protection Personal Identification Number, also known as an IP PIN, and they can help to keep...
by taxPRO Websites Staff | Dec 8, 2021 | Tax Tips and News
Aside from being required by the FTC to have a written data security plan, criminals have increasingly been targeting tax professionals with phishing emails and social media messages. The pandemic—it turns out—has simply given them even more opportunities to create...