Tax Scammers are Still in Business, Warns IRS

April 14, 2020 

Tax Scammers are Still in Business, Warns IRS

The IRS, state tax agencies and the nation’s tax industry continue to see an upswing in data thefts from tax professionals as cybercriminals try to take advantage of COVID-19 and Economic Impact Payments to create new scams.

 IRS Issues CARES Act Guidance for Taxpayers with NOLs

April 9, 2020 

IRS Issues CARES Act Guidance for Taxpayers with NOLs

The Internal Revenue Service today has issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. Recently the IRS issued tax relief for partnerships filing amended returns.