Businesses should be on high alert as thieves try to use their stolen names and data to file fraudulent income tax returns. The warning comes from the Internal Revenue Service, state tax agencies and tax industry partners who make up the Security Summit partnership.… Read more about Security Summit Urges Businesses to Tighten Defenses (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Taxpayers who want to make it harder for identity thieves to successfully file a fraudulent tax return using their information will soon be able to sign up for an IP PIN. Starting in January 2021, the Internal Revenue Service says it will allow any taxpayer to sign up for the Identity Protection PIN Opt-In Program—provided they can “properly verify their identities.”… Read more about Security Summit Says IP PINs Can Protect Taxpayer Information (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

With 2020’s extended tax deadlines due to the coronavirus pandemic, it seems like we just wrapped up the previous tax season. But believe it or not, the next filing season kicks off Jan. 1, 2021.… Read more about Get Started Now to Make Next Tax Season Easier (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Anyone who doesn’t normally file a tax return but hasn’t already received an Economic Impact Payment (EIP) is urged by the IRS to take advantage of its “National EIP Registration Day.”… Read more about IRS Reminds Last Chance for Non-Filer EIPs Not Far Away (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Security Summit yesterday reported that taxpayers are being targeted by a new series of text-message scams that impersonate state departments of revenue and tax relief organizations. An… Read more about Security Summit Warning: Taxpayers Receiving EIP Text Message Scam (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service has unveiled changes they say will help struggling taxpayers affected by the pandemic settle their IRS tax debts more easily.… Read more about IRS Streamlines Payment Agreement Setup (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…