Taxation · 07/23/2025

This guide offers effective methods and tools to help taxpayers protect personal information and prevent tax fraud. Learn how to obtain an Identity Protection PIN (IP PIN), report suspicious activities promptly, and properly store important documents to safeguard your financial security and personal information.

Taxation · 07/23/2025

This article offers a comprehensive response guide for individuals facing identity theft related to taxpayers, including emergency measures, action plans tailored to different types of identity theft, and practical advice on information protection to ensure your financial safety.

Taxation · 07/25/2025

The latest statistics for the 2020 tax season reveal the ongoing growth of e-filing and fluctuations in refund situations. Although the overall number of filings has slightly decreased, e-filing and internet usage are showing a strong upward trend. The quantity and amount of refunds have decreased year-on-year, yet the average refund amount has seen a slight increase, reflecting taxpayers' cautious financial attitudes.

Taxation · 12/04/2024

This article provides an in-depth analysis of the IRS tax credit policies related to clean vehicles and energy. It offers practical guidance for individuals and businesses purchasing electric vehicles and improving home energy efficiency, while exploring how new regulations can promote the growth of a green economy.

Taxation · 07/25/2025

This article provides a detailed analysis of how to correctly submit IRS forms starting with the number 3, including specific information and mailing addresses for forms 3115, 3520, and 3520-A. It assists readers in effectively handling their tax filing matters, ensuring compliance and avoiding potential issues.

Taxation · 07/25/2025

This article discusses the definition of an Individual Protection Number (IP PIN), how to obtain it, and its importance in preventing identity theft. It emphasizes the convenience of registering for an IRS online account to receive the IP PIN and how it enhances taxpayer data security.

Taxation · 07/23/2025

This article provides a detailed analysis of the definitions and tax implications of child support and separation maintenance in divorce or separation scenarios. It focuses on identifying deductible child support payments and offers important information and advice to consider when filing taxes.

Taxation · 07/23/2025

This article provides a detailed analysis of the conditions and filing requirements for dependents, highlighting the different criteria for qualifying children and qualifying relatives. It aims to assist taxpayers in accurately reporting their dependents to obtain tax benefits, thereby enhancing their household financial management skills.

Taxation · 07/15/2025

Tax professionals face significant threats from phishing emails and data theft. The IRS, in collaboration with security summit partners, has released a report recommending strategies to effectively protect sensitive taxpayer information. These strategies include identifying suspicious emails, implementing two-factor authentication, and keeping software updated.

Taxation · 07/18/2025

This article provides a comprehensive guide to the 2025 U.S. tax filing season, covering deadlines, filing entities and their classifications, and essential information required for filing. It emphasizes the importance of filing taxes and potential refund opportunities. Additionally, it analyzes the tax obligations of U.S. residents and special considerations to note, offering valuable references for newly arrived international students.

Taxation · 08/12/2025

The IRS has announced an extension of the tax deadlines for victims of storms in Tennessee until November 3, 2025. This announcement applies to individuals and businesses affected by Hurricane Helen and Milton, aimed at providing financial support and alleviating economic pressure on those impacted.

Taxation · 07/25/2025

A former CEO of a telecommunications company in Florida was sentenced to 36 months in prison and ordered to pay $227,052 in restitution for tax evasion. Investigations revealed that he evaded taxes by concealing income and transferring funds. This incident highlights the legal risks and responsibilities that corporate executives face regarding tax compliance.

Taxation · 07/17/2025

This article explores the significance of the third provision of the Taxpayer Bill of Rights, highlighting the rights taxpayers possess, such as the ability to apply for refunds, correct erroneous notices, amend tax returns, and request interest abatements. Understanding these rights will help taxpayers more effectively protect their interests in tax matters.

Taxation · 08/07/2025

This article provides a detailed analysis of the usage scope, reporting requirements, and applicable transaction scenarios of Form 1099-B, highlighting its importance in tax compliance for securities trading and other exchange activities. By understanding this form, investors can more effectively manage their tax risks, achieving a balance between compliance and profitability.

Taxation · 07/23/2025

This article delves into the tax policies governing charitable and non-profit organizations in the United States, covering the steps to apply for tax-exempt status, compliance requirements, and strategies for effectively utilizing technological tools to optimize financial management. Understanding these aspects can help organizations operate more effectively and contribute to social development.