Isaac M. O'Bannon

March 3, 2022 

Will the IRS find out if you don't report your income? This is the question everyone wants to ask, but tax professionals don't want to answer because of ethical or liability concerns.

Isaac M. O'Bannon

February 25, 2022 

Respondents said remote working has made it more difficult for 43 percent – and somewhat more difficult for 46 percent – to prevent fraud within their organization. With more than 70 percent of those surveyed sharing that the ...

Isaac M. O'Bannon

February 22, 2022 

The Internal Revenue Service kicked off the 2022 tax filing season on January 24 with an urgent reminder to taxpayers to take extra precautions this year to file an accurate tax return electronically to help speed refunds.

Isaac M. O'Bannon

February 20, 2022 

The latest phishing email uses the IRS logo and a variety of subject lines such as "Action Required: Your account has now been put on hold.” The IRS has observed similar bogus emails that claim to be from a “tax preparation application provider.”

Isaac M. O'Bannon

February 10, 2022 

This action by the IRS to move away from facial recognition comes after some discomfort by taxpayers at having a third-party technology provider managing the service.

Isaac M. O'Bannon

February 10, 2022 

These automatic notices have been temporarily stopped until the backlog is worked through. The IRS will continue to assess the inventory of prior year returns to determine the appropriate time to resume the notices.

Isaac M. O'Bannon

February 7, 2022 

The coolest markets out of the 50 largest U.S. metro areas are expected to be New York, Milwaukee, San Francisco, Chicago and San Jose. But in today's supercharged housing market, buyers shouldn't necessarily expect screaming deals in even these cooler...

Isaac M. O'Bannon

January 28, 2022 

That verification requirement will soon be required for all taxpayers to view other personal tax documents on the IRS website. Tax practitioners who use a secure service will still have access to IRS transcripts.

Isaac M. O'Bannon

January 24, 2022 

Promoters have been particularly active developing and marketing tax shelter schemes that purportedly enable taxpayers to avoid paying what they legally owe. These new hires will help the IRS manage the increasing caseload in its multi-year effort to ...

Isaac M. O'Bannon

January 19, 2022 

The Readers' Choice Awards give our readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms, provide client services, and help those clients run their businesses.

Isaac M. O'Bannon

January 13, 2022 

From safety to tech, taxes and marijuana, the regulatory compliance experts at Paychex have developed a list of the top issues business owners and managers should keep up on as they run their businesses and manage the impacts of the COVID-19 pandemic ...

Isaac M. O'Bannon

January 12, 2022 

The report credits the Internal Revenue Service for performing well under difficult circumstances. Since the start of the pandemic, the IRS, in addition to its traditional work, has implemented significant programs enacted by Congress.

Isaac M. O'Bannon