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PPS Class for Tax Preparation: Understanding IRS Audits
The Internal Revenue Service (IRS) plays a critical role in maintaining the integrity of the tax system in the United States. One of the...
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Platinum Professional Services
Oct 13 min
PPS Tax Preparation Courses: IRS Announces Tax Relief for Hurricane Helene Victims
The Internal Revenue Service (IRS) has announced disaster tax relief for individuals and businesses impacted by Hurricane Helene. This...
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Platinum Professional Services
Sep 253 min
PPS Class for Tax Preparation: What is Sports Gambling? And How Does it Effect Taxes?
In the United States, sports gambling refers to the practice of placing bets on the outcomes of sporting events. The landscape for sports...
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Platinum Professional Services
Sep 183 min
PPS Tax Preparer Courses- All About the Debby Victim Tax Relief
The Internal Revenue Service (IRS) announced disaster tax relief today for individuals and businesses in parts of Pennsylvania affected...
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Platinum Professional Services
Sep 112 min
PPS Tax Preparation Courses - How Elections Effect Taxes
The impact of an election on taxes largely depends on the policies proposed by the candidates and the political party that wins. Here’s a...
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Platinum Professional Services
Sep 41 min
PPS offering IRS Tax Classes - IRS Rules for Inherited IRA's
If one inherited a retirement account during the last several years, it’s likely they will have to take distributions and pay taxes on...
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Platinum Professional Services
Sep 21 min
IRS provides relief to Ernesto victims throughout the U.S. Virgin Islands
The Internal Revenue Service announced tax relief for individuals and businesses throughout the U.S. Virgin Islands affected by Tropical...
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Platinum Professional Services
Aug 142 min
IRS Releases New WISP Plan
The Internal Revenue Service (IRS) and Security Summit partners have introduced an updated Written Information Security Plan (WISP) to...
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Platinum Professional Services
Aug 51 min
Reminder: Educator Expense Deduction
As school starts back up the IRS issued a reminder about the Educator Expense Deduction. The Educator Expense Deduction lets eligible...
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Platinum Professional Services
Jul 222 min
Hurricane Beryl Tax Relief
The IRS has announced significant tax relief for individuals and businesses in 67 Texas counties affected by Hurricane Beryl, which began...
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Platinum Professional Services
Jul 152 min
IRS Warns of Fake 'Self Employment Tax Credit' Scams
The Internal Revenue Service (IRS) has issued a consumer alert warning taxpayers about misleading information circulating on social media...
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Platinum Professional Services
Jul 91 min
Social Media Tax Scams
The Internal Revenue Service has issued alert IR-2024-139 to warn about a series of scams and inaccurate advice circulating on social...
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Platinum Professional Services
Jul 22 min
Marijuana remains a Schedule I controlled substance
The Internal Revenue Service (IRS) recently reminded taxpayers that marijuana continues to be classified as a Schedule I controlled...
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Platinum Professional Services
Jun 241 min
IRS Issues Guidance on Exceptions to Additional Tax for Early Retirement Plan Distributions
The IRS has released Notice 2024-55, offering guidance on exceptions to the 10% additional tax for early retirement plan distributions...
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Platinum Professional Services
Jun 171 min
Educational Assistance Programs
Taxpayers can exclude certain educational assistance benefits from their gross income if these benefits are provided under an educational...
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Platinum Professional Services
Jun 63 min
IRS AFTR Courses Available for the 2025 Tax Season
Platinum's IRS approved AFTR tax courses for the annual filing season program are available now for the 2025 tax season. What are the...
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Platinum Professional Services
May 281 min
Tax Return Deadlines for Taxpayers Living Abroad is June 17
The IRS has issued a reminder for U.S. taxpayers living and working abroad to file their 2023 federal income tax return by June 17. This...
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Platinum Professional Services
May 203 min
IRS announces tax relief for taxpayers impacted by tornadoes in Ohio; various deadlines postponed to Sept. 3, 2024
The Internal Revenue Service announced today tax relief for individuals and businesses in Ohio that were affected by tornadoes that began...
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Platinum Professional Services
May 132 min
By law, taxpayers have the right to challenge the IRS’ position and be heard
Every taxpayer has fundamental rights when working with the IRS. Collectively their rights are known as the Taxpayer Bill of Rights. One...
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Platinum Professional Services
May 81 min
Time to Claim $1 Billion in Tax Refunds from 2020 Expires May 17
The Internal Revenue Service reminded the 1 million people who didn’t file their tax year 2020 returns they may be eligible for a refund...
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