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How to Request Your IRS Transcripts and What They Reveal

If you’ve ever wondered exactly what the IRS knows about you — what’s on file, what’s been assessed, what payments they’ve recorded, or why your refund is delayed — there’s one tool that answers all of those questions: your IRS transcripts. Most people have never heard of them. But tax professionals use them every single […]

What to Do If the IRS Has the Wrong Address for You

It sounds like a minor administrative issue — the IRS has an old address on file for you. But the consequences of this small detail can be surprisingly serious. Notices you never receive. Deadlines you unknowingly miss. Collection actions that escalate while you have no idea anything is happening. By the time you find out […]

IRS Passport Revocation: What Owing Back Taxes Could Cost You

Most people know that unpaid tax debt can lead to wage garnishments, bank levies, and liens on property. But there’s another consequence that catches people completely off guard — one that doesn’t just affect your finances, but your freedom to travel: passport revocation. Yes, the IRS can get your passport revoked or denied. And unlike […]

Can the IRS Take Your Social Security Benefits? The Real Answer

For millions of Americans, Social Security is more than just a monthly check — it’s a lifeline. So when tax debt starts piling up, one of the first questions retirees and those approaching retirement age ask is: can the IRS actually touch my Social Security benefits? The short answer is yes. But the full picture […]

What Happens When the IRS Seizes Your Business Assets?

If you’ve been ignoring IRS notices or falling behind on business taxes, you may have heard the word “seizure” thrown around. It sounds extreme — because it is. The IRS has the legal authority to physically take your business assets and sell them to satisfy a tax debt. But before you panic, there’s a lot […]

#ICYMI Top CI Stories from the Past Week

ICYMI: Top IRS Criminal Investigation (CI) Stories From The Past Week Nov. 20, 2023 Useful Links About CI What do we investigate? How investigations are initiated J5 international partnership IRS.gov/CI Tax Schemes and Fraud Tax Fraud Alerts Report Suspected Tax Fraud Voluntary Disclosure CI Newsroom CI News Releases CI Resources CI Annual Reports Week of Nov. 13 - 19 #ICYMI Top CI Stories from the Past Week 1. Chief Lee honored with Presidential Rank Award as Distinguished Executive Recipient The award is among the most esteemed recognitions in career civil service. 2. Avoid falling victim to pig butchering schemes Learn the red flags of cryptocurrency scams to protect yourself this International Fraud Awareness Week. 3. Founder of Beverly Hills ‘Gentlemen Timepieces’ consignment store charged with conning victims in luxury watch Ponzi-type scheme To date, law enforcement estimates that victim losses currently total approximately $3 million. 4. Joint Chiefs of Global Tax Enforcement committed to combating transnational tax crime J5 works together to gather information, share intelligence, conduct operations and build the capacity of tax crime enforcement officials. 5. We're hiring for our Pathways Career Internship Student Trainee positions Attention college juniors! Positions are limited so apply fast. CI is the criminal investigative arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money-laundering, public corruption, healthcare fraud, identity theft and more. CI special agents are the only federal law enforcement agents with investigative jurisdiction over violations of the Internal Revenue Code, obtaining a more than a 90 percent federal conviction rate. The agency has 20 field offices located across the U.S. and 12 attaché posts abroad.

Recap of the Week’s Top Stories from IRS Criminal Investigation In case you missed it, here’s a recap of the most significant stories from the IRS Criminal Investigation (CI) division for the week of November 13 – 19, 2023. Chief Lee Receives Presidential Rank Award Chief Lee was honored with the Presidential Rank Award, one […]

e-News for Tax Professionals 2023-46

Filing season readiness; become an e-file provider; IRS online account; and more IRS.gov Banner e-News for Tax Professionals November 17, 2023 Useful Links: IRS.gov Tax Professionals Home All Forms and Instructions Stakeholders Partners' Headliners Training and Communication Tools e-Services Taxpayer Advocate Service Disaster Relief Internal Revenue Bulletins IRS Social Media Upcoming Events Seminars, Workshops, Conferences, and Other Practitioner Activities By State: Nationwide Webinars Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Back to top Issue Number: 2023-46 Inside This Issue 8th annual National Tax Security Awareness week begins Nov. 27 IRS Webinar on Written Information Security Plan scheduled for Nov. 30 Get prepared for the upcoming filing season Tax pros: Become an authorized IRS e-file provider ITIN holders can register for online access IRS reminds eligible 2020 and 2021 non-filers to claim Recovery Rebate Credit before time runs out Eligible IRA owners may transfer up to $100,000 in tax-free gifts to charity Treasury, IRS propose regulations implementing disallowance of deductions for certain conservation easement contributions Taxpayers urged to protect against scams, schemes during International Fraud Awareness Week Energy efficient commercial buildings deductions available for those who qualify News from the Justice Department’s Tax Division Technical Guidance FaceBook Logo YouTube Logo Instagram Logo Twitter Logo LinkedIn Logo Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service. If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the mailing list e-News for Tax Professionals. *Please Do Not Reply To This Message * To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site. Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com. This service is provided to you at no charge by the Internal Revenue Service (IRS). This email was sent to justin+irs@bosseo.com by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington DC 20535 GovDelivery logo

Preparing for the Filing Season and More: e-News for Tax Professionals 2023-46 As we approach the end of the year, it’s time to get ready for the upcoming tax filing season. The IRS offers a wealth of resources to help tax professionals stay informed and prepared. In this week’s e-News, we’ll cover the 8th annual […]

IR-2023-218: El IRS y los socios de la Cumbre de Seguridad anuncian la 8va Semana Nacional Anual de Concientización sobre Seguridad Tributaria comienza el 27 de noviembre; se enfoca en concientizar a los contribuyentes y profesionales tributarios sobre consejos de seguridad para protegerse contra el robo de identidad y las estafas

El Servicio de Impuestos Internos, junto con sus socios de la Cumbre de Seguridad en las agencias tributarias estatales y la industria tributaria de la nación, anunciaron hoy una semana especial centrada en la concientización de los contribuyentes y profesionales tributarios sobre la protección de la información financiera sensible contra los ladrones de identidad a medida que se acercan las fiestas y la temporada tributaria de 2024. La 8va Semana nacional anual de concientización sobre seguridad tributaria tiene lugar este año del 27 de noviembre al 1ro de diciembre, marcando una campaña anual de la Cumbre de Seguridad, una coalición del IRS, administradores de impuestos estatales, compañías de software tributario, la comunidad de profesionales tributarios y otros en la comunidad tributaria en general. El grupo se formó en 2015 para combatir el robo de identidad relacionado con los impuestos a través de una mejor coordinación entre los sectores público y privado, así como el fortalecimiento de las protecciones internas y la concientización de las amenazas a la seguridad.

The IRS and Security Summit Partners Announce the 8th Annual National Tax Security Awareness Week The Internal Revenue Service (IRS) in collaboration with its partners from the Security Summit, including state tax agencies and the national tax industry, have today announced a special week dedicated to educating taxpayers and tax professionals. The focus is on […]

IR-2023-215SP: Las distribuciones benéficas calificadas permiten a los dueños elegibles de una IRA hasta $100,000 en donaciones no sujetas a impuestos a organizaciones benéficas

Las distribuciones benéficas calificadas permiten a los dueños elegibles de una IRA hasta $100,000 en donaciones no sujetas a impuestos a organizaciones benéficas. El Servicio de Impuestos Internos les recordó hoy a los dueños de una cuenta de retiro individual (IRA, por sus siglas en inglés) de 70½ años* *o más, que pueden transferir hasta $100,000 a organizaciones benéficas, no sujetas a impuestos, cada año. Estas transferencias, conocidas como distribuciones benéficas calificadas (QCD, por sus siglas en inglés), ofrecen a los estadounidenses mayores elegibles una excelente manera de donar fácilmente a la caridad antes de fin de año. Además, para aquellos que tienen al menos 73 años, las QCD cuentan para la distribución mínima requerida (RMD) del dueño de una IRA para el año.

Qualified Charitable Distributions Allow Eligible IRA Owners to Donate up to $100,000 Tax-Free to Charitable Organizations Qualified Charitable Distributions (QCDs) present a unique opportunity for eligible Individual Retirement Account (IRA) owners to donate up to $100,000 tax-free to charitable organizations. The Internal Revenue Service (IRS) today reminds IRA owners aged 70½ and above that they […]