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First Thursday Minutes – October 3, 2019

Discussion items  1)   Tax Withholding Estimator – new and improved! Tax Withholding Estimator Tax Withholding Estimator helps retirees; figures tax on Social Security benefits New IRS Tax Withholding Estimator helps workers with self-employment income 2)   Tax-Exempt Organization Update Treasury and IRS issue proposed regulations and provide relief for certain tax-exempt organizations 3)   Tax Security 2.0 […]

December 6 – FRIDAY – Message for Tax Pros

Tax Practitioners Must Draft Written Data Protection Plans The IRS, state tax agencies and the nation’s tax industry today reminded tax professionals that federal law requires them to create and use a written information security plan to protect their clients’ data. The reminder came as the IRS and its Security Summit partners completed the fourth […]

December 5 – THURSDAY – Message for Businesses

Cyberthieves Target Businesses of All Sizes Employers large and small must be alert to the growing threat of business identity theft and take additional steps step up cybersecurity protections. Awareness about business identity theft is one in a series of tips offered by the Internal Revenue Service, state tax agencies and tax industry, which work […]

December 4 – Wednesday – Message for Taxpayers

How to Create Strong Password A commonly overlooked step to protecting your personal tax and financial data is using strong passwords to protect online accounts and digital devices from data theft. The Internal Revenue Service, state tax agencies and tax industry remind taxpayers that using strong passwords and keeping them secure are critical steps to […]

December 3 – TUESDAY – Message for Taxpayers

Don’t take the bait: Recognize and Avoid Phishing Scams This holiday season don’t let the cyber grinches steal your money or your identity. The Internal Revenue Service, state tax agencies and the nation’s tax industry are working together to protect taxpayers from stolen identity refund fraud. All this week, the Security Summit partners will be […]

DECEMBER 2 – MONDAY – Message for Taxpayers

Cyber Monday Tips for Secure Shopping As Cyber Monday kicks off the holiday shopping season, the Internal Revenue Service and its partners urged the public to shop safely by securing their computers and mobile phones. The IRS, state tax agencies and the tax industry mark the fourth annual National Tax Security Awareness Week with tips […]

IRS NEWS FOR TAX PROFESSIONALS

October 2019 ►UPCOMING WEBINARS Oct 10: Relief Procedures for Certain Former Citizens Oct 17: An Overview of the Foreign Tax Credit Tax Obligations of U.S. Individuals Living and Working Abroad Oct 22: Understanding the 2020 Form W-4 and How to Use it to Compute Withholding Oct 24: Tax Security 2.0 – A “Taxes – Security […]

First Thursday Minutes – July 11, 2019

  Tax Professional Attendees Darrel Beadle Velma Bjorgum Jacob Borash Barbara Brown Michael Calabrese Carrie Christensen Tracy Danzer Jodi Eckhout Pam Geiger Craig Hanson Cindy Hockenberry James Hockenberry Kelly Jaskowiak Terry Johnson Richard Kollauf Ken Larsen Judy Lashinski Lief Mattila Ruth Ann Michnay Dan Ogard Darian Panasuk Michael Ringwelski Wayne Salgren Jo Ann Schoen Paul […]

First Thursday Minutes – August 1, 2019

Tax Professional Attendees: Gail Bates Darrel Beadle Velma Bjorgum Carrie Christensen Tracy Danzer Brad Decker Jodi Eckhout Jessica Gatzke Jacen Gondringer Cindy Hockenberry James Hockenberry Carrie Houchins-Witt Todd Koch Rick Kollauf Nathaniel Krautkramer Ken Larsen Lief Mattila Ruth Ann Michnay Sandra Newman Christopher Olson Darian Panasuk Kathy Reiniger Vincent Schamber William Schmidt Barbara Steponkus Dianna […]

IRS NEWS FOR TAX PROFESSIONALS – July 2019

►UPCOMING WEBINARS Check Webinars for Tax Practitioners for upcoming webinars. ►IRS Video Portal Recently posted to the IRS Video Portal: Understanding Tax Relief for Disasters This webinar will give an extensive overview of tax relief for victims of disasters. Topics will include: Identifying types of relief available to taxpayers in a disaster area; Calculating disaster […]