Below please find daily updates pertaining to the latest in financial, business, and tax news:
CNN Top News
Democrats who want to oust President Donald Trump and Republicans battling to save him are braced for the most momentous phase yet in the battle of impeachment that is rocking Washington. ...Tue, Nov 19, 2019
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A diplomat at the US embassy in Ukraine told lawmakers last week he'd "never seen anything" like the call Gordon Sondland placed to President Donald Trump at a restaurant in Kiev, according to a transcript of his deposition released Monday night. ...Tue, Nov 19, 2019
President Donald Trump's aides have explored moving some impeachment witnesses on loan to the White House from other agencies, such as Lt. Col. Alexander Vindman, back to their home departments ahead of schedule, according to people familiar with the conversations. ...Tue, Nov 19, 2019
President Donald Trump tweeted interest in providing a written testimony in order to defend himself against impeachment. CNN's Anderson Cooper explains why this is unlikely. ...Tue, Nov 19, 2019
When Vice President Mike Pence departed a September meeting with the Ukrainian President, the US ambassador to the European Union moved quickly across the room on the mezzanine level of the Warsaw Marriott to corral one of the new President's top aides. ...Tue, Nov 19, 2019
The third day of the House impeachment inquiry's public hearing starts on Tuesday morning as four witnesses will testify over two consecutive hearings, kicking off a busy week for the investigation. ...Tue, Nov 19, 2019
James "Jimmy" Finkelstein, the owner of The Hill newspaper, is not a widely known media executive, but he is one of the era's most consequential. ...Tue, Nov 19, 2019
• Graham takes heat from right-wing media • Opinion: One witness may hold the key to the impeachment story ...Mon, Nov 18, 2019
• Opinion: The President's puzzling hospital visit • Analysis: Why you can't trust the White House on Trump's health ...
Taxpayer Advocate Service Feed
If you prepare or help prepare federal tax returns for compensation, you must have a valid Preparer Tax Identification Number (PTIN) from the IRS. It only takes 15 minutes to renew your Preparer Tax Identification Number or PTIN. Find out how to renew in just a few easy steps. The IRS PTIN system also allows you to update your account information, view your continuing education credits, and mor...Thu, Sep 19, 2019
Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. Each December, the National Taxpayer Advocate identifies the Most Serious Problems facing taxpayers and makes recommendations for addressing them in the Annual Report to Congress (ARC). Eac...
Success Story: TAS's advocacy helps taxpayer get refund using wire deposit to a foreign bank accountFri, Sep 06, 2019
Every year, the Taxpayer Advocate Service (TAS) helps thousands of people with tax problems. This story is only one of many examples of how TAS helps resolve taxpayer’s tax issues. All personal details are removed to protect the taxpayer’s privacy. The mission of TAS is to help taxpayers resolve problems with the IRS and recommend changes to prevent the problems. When constituents c...
Alert: Planning to travel outside of the U.S. this year? Don’t risk a passport revocation - arrange to settle large IRS debts nowWed, Sep 04, 2019
The Internal Revenue Service is urging taxpayers to resolve their significant tax debts, $50,000 or more, to avoid putting their passports in jeopardy. If you owe $50,000 or more and haven’t made payment arrangements, please contact the IRS now to avoid travel delays later. Why is the State Department allowed to limit or revoke my passport due to unpaid taxes? In December 2015, Congress p...Tue, Sep 03, 2019
Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. In my first blog as the Acting National Taxpayer Advocate, I’d like to address a topic that has been in the news a good deal over the past year—“passport certification.&rd...Tue, Aug 20, 2019
The Internal Revenue Service recently launched the new Tax Withholding Estimator, an expanded, mobile-friendly online tool designed to make it easier to have the right amount of tax withheld during the year. The new Estimator features include: plain language to improve comprehension; ability to move back and forth through the steps and correct previous entries and skip questions that don&rsquo...Thu, Aug 15, 2019
Every year, the Taxpayer Advocate Service (TAS) helps thousands of people with tax problems. This story is only one of many examples of how TAS helps resolve taxpayer’s tax issues. All personal details are removed to protect the taxpayer’s privacy. TAS received a congressional inquiry where a taxpayer, living in a rural area, was unable to secure a tax account transcript. Without th...Thu, Aug 08, 2019
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Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at www.taxpayeradvocate.irs.gov/blog Today is the last day of my tenure as the National Taxpayer Advocate. It has been a wild ride over these last 18 years. It will take me years to sort out what has gon...