Editorial team of TFX
Articles
IRS Launches Power of Attorney and Tax Information Authorization Requests Online
The IRS has made it easier for taxpayers to authorize individuals to represent them before the IRS and access their confidential tax information. The new process, available through the IRS Online Account, allows taxpayers to quickly review, approve and s...
IRS Offers Tax Relief to Disaster-Affected Taxpayers in California, Alabama, and Georgia
The IRS has announced that taxpayers in certain areas of California, Alabama, and Georgia designated as disaster zones by FEMA will have until October 16, 2023, to file their federal individual and ...
IRS Launches Secure Online Document Upload Feature for Taxpayers
The Internal Revenue Service (IRS) has recently announced that taxpayers who receive certain notices requesting them to send information to the IRS now have the option of submitting their documentation online through the IRS.gov website. This new feature allows taxpayers ...
The Taxability of State Payments: Understanding Your Obligations
The Internal Revenue Service (IRS) recently issued a statement regarding the taxability of state payments, such as unemployment benefits, under federal law. This statement serves as a reminder to individuals who have received state payments that they must report this income on thei...
Webinar: Sole Proprietors & Rental Income Recipients May Have More Filing Requirements in 2023. Recording and Q&A Transcript
We held a webinar on January 12, 2023, about the increased filing requirements for sole proprietors and rental income recipients in 2023, which included a live Q&A session with our tax experts. The recording is available for viewing and the Q&A has been transcribed. ...
IRS: California Grants Tax Relief for Hurricane Victims
The Internal Revenue Service (IRS) recently announced that individuals and businesses affected by recent storms in California will have an extended deadline to file federal ...