by Lisa Monk & Associates LLC | Aug 21, 2019 | Tax Tips and News
A reworked version of Form W-4 has been released by the IRS and the Treasury Department for the 2020 tax year. A number of changes were made to earlier draft versions of the form in response to complaints from tax professionals. Accounting Today reports Treasury...
by Lisa Monk & Associates LLC | Aug 19, 2019 | Tax Tips and News
The Internal Revenue Service is warning taxpayers they risk losing their passports if “significant” tax debt is not paid. Those taxpayers are urged to contact the IRS immediately or have travel plans delayed later. The passport action is mandated by the Fixing...
by Lisa Monk & Associates LLC | Aug 8, 2019 | Tax Tips and News
Ever had one of those days at work where things just didn’t seem quite right? Did you ever wonder if those little nagging problems might point to something larger – something like client data theft? Since we’re between tax seasons, maybe now is a good time to brush up...
by Lisa Monk & Associates LLC | Aug 6, 2019 | Tax Tips and News
The office tasked with overseeing the Internal Revenue Service says the agency hasn’t improved procedures enough when it comes to reviewing amended tax returns. The Treasury Inspector General for Tax Administration carried out its audit to follow up on earlier TIGTA...
by Lisa Monk & Associates LLC | Aug 4, 2019 | Tax Tips and News
The IRS is joining with its Security Summit task force to warn tax professionals about the continuing threat posed by phishing emails to their data security efforts. Despite best efforts, phishing remains the most common tactic used by cybercriminals to steal...
