The IRS’s Top Tips Every Taxpayer Should Know About Identity Theft

Identity theft often starts outside of the tax administration system when someone’s personal information is unfortunately stolen or lost. Identity thieves may then use a taxpayer’s identity to fraudulently file a tax return and claim a refund. In other cases, the identity thief uses the taxpayer’s personal information in order to get a job. The […]

Foreign Financial Asset Reporting

In the coming days the Internal Revenue Service (IRS) plans to release a new information reporting form that taxpayers will use to report specified foreign financial assets for tax year 2011 forward. Form 8938 – Statement of Specified Foreign Financial Assets – will be filed by taxpayers with specific types and amounts of foreign financial […]