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IRS OKs E-Signatures to Be Used on a Slew of Forms Indefinitely
The agency said Monday it will continue to allow alternatives to handwritten signatures to be accepted for certain tax documents.
IRS Boosts Hiring for Taxpayer Assistance Centers
The agency has increased staffing at its TACs by 31% during FY 2023 thanks to funding from the Inflation Reduction Act.
IRS Starts Business Tax Accounts
The business tax accounts are part of a continuing effort to improve IRS taxpayer services and make the agency more tech-friendly.
IRS Has Collected $160 Million in Back Taxes From Millionaires This Year
The agency said it recently recovered $122 million from 100 wealthy earners, in addition to $38 million collected earlier this year.
IRS Opens PTIN Renewal Season for 2024
The fee to renew or obtain a PTIN for 2024 is $19.75, down from $30.75 in 2023. Failure to have a valid PTIN may result in penalties.
IRS Watches for Misclassified Independent Contractors, But There is a Safe Harbor Rule
An employer in danger of being assessed back taxes for certain workers may avoid liability if it qualifies for “Section 530 relief.”
IRS Gives Employers ‘A Way Out’ if They Filed an Improper ERC Claim
The IRS on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy.
Taxpayer Interest in IRS’s Direct File Program May Have Been Exaggerated
Their willingness to use the Direct File program may be overstated because of the survey the IRS used to gauge their interest, TIGTA says.