by Lisa Monk & Associates LLC | Aug 30, 2019 | Tax Tips and News
Time is running out for taxpayers who need to renew an expiring ITIN before next filing season. In June, the IRS issued a press release reminding taxpayers that failing to renew an expiring ITIN can result in refund delays and ineligibility for some tax credits. While...
by Lisa Monk & Associates LLC | Aug 29, 2019 | Tax Tips and News
IRS Tax Tip 2019-119, August 29, 2019 Tax pros must create a written security plan to protect their clients’ data. In fact, the law requires them to make this plan. Creating a data security plan is one part of the new Taxes-Security-Together Checklist. The IRS...
by Lisa Monk & Associates LLC | Aug 29, 2019 | Tax Tips and News
Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated. There are so many choices to consider – from business plans to market strategies and tax responsibilities. The IRS has...
by Lisa Monk & Associates LLC | Aug 28, 2019 | Tax Tips and News
IRS Tax Tip 2019-118, August 28, 2019 Taxpayers who must file Form 2290, Heavy Highway Vehicle Use Tax Return, have more time to do so this year. That said, the deadline will be here before they know it. Taxpayers must file their 2019 Form 2290 by Tuesday, September...
by Lisa Monk & Associates LLC | Aug 27, 2019 | Tax Tips and News
IRS Tax Tip 2019-117, August 27, 2019 Tax professionals should review security steps to make sure they are fully protecting sensitive taxpayer data. All tax pros should give their data safeguards a thorough review. Part of this review is following the “Security Six”...