Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Hometown Tax Services LLC

IRS Announces Tax Relief for Kentucky Flood Victims

IRS Announces Tax Relief for Kentucky Flood Victims

This summer, the country has been hammered by extreme weather—from oppressive heat waves to torrential rains. In response to deadly flooding in Eastern Kentucky, the Internal Revenue Service announced tax relief for counties the Federal Emergency Management Agency declared disaster areas.… Read more about IRS Announces Tax Relief for Kentucky Flood Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Use IP PINs for Extra Security

Use IP PINs for Extra Security

It’s never too early to start planning for the next tax season. For millions of tax pros, that means figuring how to make their operations more secure.… Read more about Use IP PINs for Extra Security (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Time Short to Register for Nationwide Tax Forum

Time Short to Register for Nationwide Tax Forum

Every year, the Internal Revenue Service hosts the Nationwide Tax Forum, providing tax professionals the opportunity to learn more about topics like tax law and cybersecurity. Unfortunately, the registration window for this year’s event is about to close.… Read more about Time Short to Register for Nationwide Tax Forum (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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ETAAC Recommends IRS Funding, MeF Enhancements

ETAAC Recommends IRS Funding, MeF Enhancements

One of the Internal Revenue Service’s main advisory committees is asking Congress to give the agency the funding it needs to function well. The recommendations, split into two categories, come from the Electronic Tax Administration Advisory Committee, or ETAAC, in its annual report to Congress.… Read more about ETAAC Recommends IRS Funding, MeF Enhancements (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Delays, Backlog Concerning to National Taxpayer Advocate

IRS Delays, Backlog Concerning to National Taxpayer Advocate

National Taxpayer Advocate Erin Collins says the Internal Revenue Service is concerned about the 21.3 million paper-return backlog. In her midyear report to Congress, Collins notes that low-income families could face financial burdens as affected refunds are frequently delayed by 10 months.… Read more about IRS Delays, Backlog Concerning to National Taxpayer Advocate (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Shares Info for Tax-Exempt Applications

IRS Shares Info for Tax-Exempt Applications

Organizations seeking tax-exempt status with the Internal Revenue Service should know that there is more to the process than merely signing on the dotted line. The process for being declared tax-exempt under Section 501(c)(3) of the Internal Revenue Code can vary based on the applicant organization’s specific situation.… Read more about IRS Shares Info for Tax-Exempt Applications (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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