IRS launches ‘Identity Theft Central’

The Internal Revenue Service has launched Identity Theft Central, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses. Located on IRS.gov, Identity Theft Central is available 24/7 at irs.gov/identitytheft. It [...]

By |2020-02-08T15:08:17-08:00February 10th, 2020|Income Tax|

IRS issues standard mileage rates for 2020

The Internal Revenue Service recently issued the 2020 optional standard mileage rates (PDF) used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1 the standard mileage rates for the use [...]

By |2020-01-04T14:40:10-08:00January 6th, 2020|Income Tax|