Day two of National Tax Security Awareness Week is all about multi-factor authentication. Following opening day warnings about the increased number of phishing scams that taxpayers will face over the holidays, during tax season, and throughout 2021, it makes sense that the second day emphasizes a security measure that the Internal Revenue Service says “will be available on all 2021 online tax preparation products.”… Read more about Multi-factor Authentication Spotlighted for National Tax Security Awareness Week (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

A warning has been issued to all taxpayers and tax professionals alike: Beware of scams and identity theft schemes by criminals taking advantage of the holiday shopping period, the approaching tax… Read more about National Tax Security Awareness Week Opens with a Warning (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service and the Treasury Department have issued their final regulations on section 1031 like-kind exchanges. The regulations clarify the definition of real property under section 1031, while providing a rule governing the receipt of personal property incidental to real property in a like-kind exchange.… Read more about Final Regulations Clarify Section 1031 Like-Kind Exchanges (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service is pairing up with a Virginia research firm in an effort to improve the agency’s procurement operations.… Read more about IRS Teams with Research Firm to Smooth Procurement Process (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service Advisory Council, also known as IRSAC, has come out with its annual report for 2020. The 195-page report includes recommendations to the IRS on new and continuing issues in tax administration.… Read more about IRS Advisory Council Issues 2020 Annual Report (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax professionals across the country are preparing for next filing season by training seasonal staff, reviewing software updates, and earning CPE.… Read more about National Tax Security Awareness Week to Focus on Identity Theft Prevention (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…