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ICYMI: TDS AUTHORIZATION CHANGE
As part of the IRS’ effort to continue combatting identity theft and protecting taxpayers’ personal information, we’re making changes that will impact how tax professionals receive transcripts.

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NEW JERSEY TAX PREPARER CHARGED IN COVID-19 EMPLOYMENT TAX CREDIT SCHEME:
A Teaneck tax preparer illegally collected $1.43 million for himself and $40 million for clients from the IRS by purposefully exploiting COVID-related credits that neither he nor they were entitled

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REMINDER: TAX PAYMENTS ARE DUE APRIL 15 EVEN WITH AN EXTENSION, AS WELL AS 2024 FIRST QUARTER ESTIMATES
Taxpayers who are not able to file by the April 15, 2024 deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes.

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FORM 4868, THE TAX PROCRASTINATOR'S BEST FRIEND:
The Internal Revenue Service reports that through March 22, it had received approximately 80 million ta

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SPECIAL SATURDAY HELP AVAILABLE APRIL 13 AT 70 IRS TAXPAYER ASSISTANCE CENTERS NATIONWIDE; NO APPOINTMENT NEEDED:
As the April 15 federal tax filing deadline nears, the Internal Revenue Service has announced it will open more than 70 Taxpayer Assistance Centers (TACs) around the country on Saturday, April 13,

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FINCEN NOTICE REGARDING THE ALABAMA COURT CASE:
On March 1, 2024, in the case of National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D.

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CTA REPORTING HAS ATTRACTED THE SCAMMERS!
FinCEN has issued a warning since it has learned of fraudulent attempts to solicit information from individuals and entities who may be subject

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CHANGES IN SOCIAL SECURITY OVERPAYMENT POLICY:
The Social Security Administration (SSA) announced a new measure on Friday, slashing the amount that social security beneficiaries must pay to the agency from their monthly benefits to repay overpa

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