The Internal Revenue Service cautioned electronic return originators about a new identity theft scheme aimed at holders of Electronic Filing Identification Numbers from fraudsters posing as IRS contractors.
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Tax Pro Today
December 15, 2020
Upcoming Events December 15, 2020
IRS warns of new scam targeting e-filers
By Michael Cohn      1 min read
The Internal Revenue Service cautioned electronic return originators about a new identity theft scheme aimed at holders of Electronic Filing Identification Numbers from fraudsters posing as IRS contractors.
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IRS cracks down on self-employed retirement deductions
By Michael Cohn     3 min read
The Internal Revenue Service is beefing up its controls to safeguard against improper self-employed retirement deductions, according to a new report.
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IRS extends acceptance of digital signatures and emailed documents
By Michael Cohn     3 min read
The Internal Revenue Service is extending until June 30, 2021 the period in which it will accept digitally signed and emailed documents due to the COVID-19 pandemic.
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2020 year-end tax tips: What we do know and what we should know
By Anil Grandhi
Here are some obvious and not-so-obvious year-end tax tips to consider as we prepare ourselves and our clients for the new year.
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Tax Fraud Blotter: Modes of secrecy
By Jeff Stimpson     6 min read
Top boss no more; wrong slide of the law; the run’s over; and other highlights of recent tax cases.
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Last chance: COVID-19 tax breaks lapse at year-end
By Laura Davison     4 min read
The twin dynamics of expiring relief and a transition to a new presidential administration are making the end of 2020 a turbo-charged version of the usual rush to lock in tax reductions.
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SPONSOR CONTENT
Blockchain, AI and emerging technologies for your firm
New tools with the potential to revolutionize accounting — or disrupt it entirely — are emerging at a record pace. This webinar will separate the hype from the reality.
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Regs issued on transportation, commuting expenses
By Jeff Stimpson     1 min read
The new rules clarify deduction issues impacted by the Tax Cuts and Jobs Act.
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In the blogs: Nudge nudge
By Jeff Stimpson     3 min read
Extending the season; rebuilding revenues; taxes on the citizens’ test; and other highlights from our favorite tax bloggers.
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New end-of-year tax planning issues
By Roger Russell     4 min read
Wolters Kluwer’s Mark Luscombe rounds up a host of items practitioners may want to address soon.
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NATP calls for speakers, topics for 2021
By Jeff Stimpson     1 min read
The National Association of Tax Professionals is accepting proposals for speakers and topics at its 2021 annual conference and its virtual 2021 TaxCon event.
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The year ahead
Based on extensive research with the Accounting Today audience, this session will explore firms’ plans for 2021, from hiring and technology spending, to growth strategies, potential M&A, new service offerings and more.
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