Back to top

Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

TAS Tax Tips: First round of Advance Child Tax Credit letters go to potentially eligible taxpayers: payments start July 15

Thu, Jun 17, 2021

The post TAS Tax Tips: First round of Advance Child Tax Credit letters go to potentially eligible taxpayers: payments start July 15 appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Get Sharable IRS Tax Updates and More Through the New IRS Outreach Connection center

Mon, Jun 14, 2021

The post TAS Tax Tips: Get Sharable IRS Tax Updates and More Through the New IRS Outreach Connection center appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: The IRS begins adjusting tax returns for unemployment compensation exclusion

Wed, Jun 09, 2021

The post TAS Tax Tips: The IRS begins adjusting tax returns for unemployment compensation exclusion appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Why Do I Owe a Penalty and Interest and What Can I Do About It?

Mon, Jun 07, 2021

The post TAS Tax Tips: Why Do I Owe a Penalty and Interest and What Can I Do About It? appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: How do I find my refund information?

Tue, Jun 01, 2021

The post TAS Tax Tips: How do I find my refund information? appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Economic Impact Payments for 2021 are being issued

Mon, May 24, 2021

The post TAS Tax Tips: Economic Impact Payments for 2021 are being issued appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: IRS updates Allowable Living Expense standards for 2021

Wed, May 19, 2021

The post TAS Tax Tips: IRS updates Allowable Living Expense standards for 2021 appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Need options for when you owe federal taxes, but can’t pay in full?

Tue, May 18, 2021

The post TAS Tax Tips: Need options for when you owe federal taxes, but can’t pay in full? appeared first on Taxpayer Advocate Service. ...

NTA Blog: Lifecycle of a Tax Return

Tue, May 18, 2021

The post NTA Blog: Lifecycle of a Tax Return appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020

Thu, May 13, 2021

The post TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020 appeared first on Taxpayer Advocate Service. ...

Tax-News.com: US IRS Flags Deadline For Q2 Estimated Tax Payments

Wed, Jun 09, 2021

The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty....

Tax-News.com: Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

Wed, May 12, 2021

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion....

Tax-News.com: US IRS Reminds Of FBAR Filing Obligation

Thu, Apr 15, 2021

The Internal Revenue Service is reminding US citizens, resident aliens, and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is still April 15, 2021....

Tax-News.com: US Tax Season Begins

Mon, Feb 22, 2021

The Internal Revenue Service launched tax season for individuals on February 15, 2021, highlighting the various supports available for taxpayers when preparing their returns. ...

Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

Thu, Dec 10, 2020

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. ...

Tax-News.com: BVI Rules Out New Taxes In 2021 Budget

Tue, Nov 17, 2020

The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. ...

Tax-News.com: Cayman Tables Law For Digital Asset Business Regime

Tue, Nov 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). ...

Tax-News.com: France To Collect Its Digital Services Tax This Year

Tue, Oct 20, 2020

French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. ...

Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues

Tue, Oct 20, 2020

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. ...

Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports

Tue, Sep 22, 2020

Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020....