Entries by Jeff

Justice Department Sues to Shut Down Florida Tax Return Preparers

The U.S. Attorney’s Office for the Southern District Of Florida announced on February 23, 2021 in a press release that the Justice Department (DOJ) filed a complaint in the U.S. District Court for the Southern District of Florida seeking to bar three Miami Gardens-area tax return preparers and their businesses and franchises, from owning or […]

Tax Relief During COVID-19: How taxpayers struggling with tax debts can benefit.

If you are struggling financially because of the pandemic you should tap into the IRS’ newest program – the “Taxpayer Relief Initiative” – with its expanded taxpayer options for making payments and alternatives to resolve balances owed. On November 2, 2020 The Internal Revenue Service announced a number of changes designed to help struggling taxpayers […]

Getting Ready For The 2021 Tax Filing Season

On January 15, 2021, the Internal Revenue Service (IRS) announced that it will process 2020 tax returns beginning February 12, 2021. Last year the opening date was January 27, 2020; however, for the 2021 tax filing season this had to be extended to allow the IRS time to do additional programming and testing of IRS […]

Where Is My IRS Second Economic Impact Payment?

Starting December 29, 2020 the IRS begins delivering the second round of Economic Impact Payments On December 27, 2020 President Trump signed the $900 million Stimulus Bill formally known as the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (the “CARES Act II”) to provide assistance to workplaces and employees. The CARES Act II […]

IRS Criminal Investigation Division Releases Its 2020 Annual Report

On November 16, 2020 the IRS released the Criminal Investigation Division’s (CI) annual report, highlighting significant successes and criminal enforcement actions taken in fiscal year ending September 30, 2020.  The IRS noted that a key achievement was the identification of over $10 billion in tax fraud and other financial crimes. In issuing this report IRS Commissioner Chuck […]