Current Articles

• IRS Statement About CP59 Notices
  By IRS
  Earlier in February 2021, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax return. These notices, referred to as CP59 notices, are issued […]
• German Tax Authorities Reported To Be Imposing Tax On US Military Pay
  By John Richardson
  Prologue This post draws heavily from the reporting of John VanDiver who has written a number of articles in Stripes. His most recent article is here: […]
• IRS Announces Tax Relief To Texans Due To Severe Winter Weather
  By Matthew Roberts
  One of the most devastating major winter storms in the history of the State of Texas has finally passed.  Recognizing the significant emotional and financial toll the storm has taken on Texans, the […]
• Red Flags That Trigger IRS Audits
  By TaxConnections Admin
  Avoiding IRS Audits Just 0.45 percent of taxpayers were audited in fiscal year 2019. Still, with taxes becoming more complicated every year, there is an even greater possibility of confusion turning […]
• Wait, When Did This Virtual Currency Question Appear On My 1040 Tax Form?
  By National Taxpayer Advocate
  The IRS Form 1040 now includes a checkbox which taxpayers must address regarding virtual currency. The form asks taxpayers if “at any time during 2020, did you receive, sell, send, exchange, or […]