IRS

Taxes

Get Ready for Taxes: What’s new and what to consider when filing in 2021

The Internal Revenue Service today encouraged taxpayers to take necessary actions in the final weeks of the year to help file federal tax returns timely and accurately in 2021. This is the third in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A special page, updated and available

Taxes

IRS expands Identity Protection PIN Opt-In Program to taxpayers nationwide

As part of the Security Summit effort, the Internal Revenue Service announced today that starting in January the Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identities. The Summit partners, including state tax agencies, the nation’s tax industry and the IRS, marked the third day of the

National

IRS: Drought-stricken farmers, ranchers have more time to replace livestock

Farmers and ranchers who were forced to sell livestock due to drought may have an additional year to replace the livestock and defer tax on any gains from the forced sales, according to the Internal Revenue Service. To qualify for relief, the farm or ranch must be in an applicable region. Arizona – Counties of Apache, Cochise,

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