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The IRS continues to work on improvements relating to tax reporting of assets held in foreign banking financial statement. Currently it has released a new draft of Form 8957 that it expects will lead to increased compliance. The form may be used for online registration
If you find yourself a victim of self theft or find yourself at risk of having your self stolen, you can alert the IRS about your circumstances with Form 14039 Self Theft Affidavit.
Form 8957, when issued in final form, may be used by foreign financial institutions (FFIs) to register for FATCA purposes.
If you are an online retailer and accept credit card payments over the Internet, you may also have to deal with reporting any 1099-K forms that you receive from credit card or third party processors. Accounting for these forms accurately is
By Internal Revenue Service, irs-forms. The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from
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