by GCK Legal | Feb 11, 2019 | News
The IRS successfully opened the 2019 tax-filing season this week and has started accepting and processing federal tax returns for tax year 2018. The first refunds are expected to go out the first week of February. Your clients can check Where’s My Refund? for updates....
by GCK Legal | Feb 11, 2019 | News
As IRS resumes operations following the recent government shutdown, tax professionals may have questions about exam and collection activities. Audits. If you have questions about your clients’ examinations affected by the shutdown, please review the Exam Resumption...
by GCK Legal | Feb 11, 2019 | News
The IRS issued guidance this week on excess business loss limitations and net operating losses (NOL) following law changes in the TCJA. The TCJA modified existing tax law on excess business losses by limiting losses from all types of business for noncorporate...
by GCK Legal | Feb 11, 2019 | News
The IRS and its Security Summit partners warned tax professionals of an increase in phishing emails that involve payroll direct deposit and wire transfer scams. These business email compromise/business email spoofing (BEC/BES) tactics, which generally target all types...
by GCK Legal | Feb 11, 2019 | News
If you need to mail a return to the IRS, be sure to check IRS.gov for the most current information on where to file paper tax returns. The IRS also recommends checking any pre-printed envelopes on hand in your office, as many of the mailing addresses for tax forms,...