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Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Livingston Taxes

National Tax Security Awareness Week Opens with a Warning

National Tax Security Awareness Week Opens with a Warning

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…

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Final Regulations Clarify Section 1031 Like-Kind Exchanges

Final Regulations Clarify Section 1031 Like-Kind Exchanges

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…

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IRS Advisory Council Issues 2020 Annual Report

IRS Advisory Council Issues 2020 Annual Report

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…

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IRS Investigators Make Big Advances in a Busy 2020

IRS Investigators Make Big Advances in a Busy 2020

Fiscal Year 2020 was a very busy—and productive—year for the IRS’ Criminal Investigations unit. The just-released annual report for CI Division touts the unit’s identification of more than $10 billion in tax fraud and other financial crimes, despite the limitations of the COVID-19 pandemic.… Read more about IRS Investigators Make Big Advances in a Busy 2020 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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