Compliance & Audits

  • The IRS “Dirty Dozen” Tax Scams for 2026: What You Need to Know

    Every tax season brings a wave of new opportunities—not just for taxpayers, but for scammers as well. To help individuals and businesses stay protected, the IRS releases its annual “Dirty Dozen” list, highlighting common and dangerous tax scams to watch out for. (IRS) For 2026, the message is clear: scams are getting more sophisticated, more…

  • A Proactive Approach to Preventing IRS Underpayment Penalties

    Identify at-risk clients early and reduce surprises Underpayment penalties aren’t just a tax issue—they’re a client experience issue. When clients receive an IRS notice, it creates stress, extra work, and often an urgent call to your office. The good news is that many of these penalties are preventable with a proactive approach. Here’s how to…

  • A Checklist to Help Prevent IRS Underpayment Penalties

    Protect clients. Prevent surprises. Underpayment penalties aren’t just a tax issue — they’re a client experience issue. When clients receive an IRS notice, they call you. Even avoidable penalties create stress, additional work, and unnecessary frustration. Use this checklist to identify clients at risk for 2026 estimated tax underpayment penalties and take proactive steps to…

  • Protecting Tax Clients from Scams: 2025 IRS Filing Updates

    This month, the IRS—partnering with the Security Summit—is spotlighting identity theft prevention for tax professionals, addressing increasing concerns over delays related to fraud and Employee Retention Credit claims. Here is a review of a few scams to be aware of. IRS and CASST Take Action to Combat Tax Fraud The IRS and CASST are implementing…

  • IRS Late Filing and Payment Penalties

    It’s still vital for tax professionals to be aware of the updated IRS penalties for late filing and payment. Understanding these penalties can help in advising clients effectively and mitigating potential financial repercussions.  Failure-to-File Penalty If a taxpayer doesn’t file their federal tax return by the due date (typically April 15), the IRS can impose…

  • Top Tax Scams According to the IRS

    Every tax season, scammers ramp up their efforts to steal personal and financial information from taxpayers, businesses, and tax professionals. To combat these fraudulent activities, the IRS has released its Dirty Dozen list for 2025, highlighting common tax scams. These scams range from phishing emails to misleading tax credit claims, and tax professionals should stay…

  • Tax Fraud and Scams Online and Offshore: The IRS Dirty Dozen, Part 2

    As part of the Dirty Dozen tax scams and fraud awareness effort, the Internal Revenue Service (IRS) encourages people to report individuals who promote improper and abusive tax schemes, as well as tax return preparers who deliberately prepare improper returns. In this second installment of our overview of the 2024 Dirty Dozen, we look at…

  • IRS Warns Tax Preparers of EFIN Documentation Scam

    Tax season is in full swing, and with it comes a surge in scams targeting tax professionals. The Internal Revenue Service (IRS) and Security Summit partners have issued a warning about a new email scam that impersonates various software companies, aiming to steal Electronic Filing Identification Numbers (EFINs). These scams pose a serious threat to…

  • IRS Announces Penalty Relief for Nearly 5 Million Tax Returns

    The IRS has announced new penalty relief totaling around $1 billion to approximately 4.7 million individuals, businesses, and tax-exempt organizations. This relief is aimed at those who did not receive automated collection reminder notices during the pandemic, which were temporarily suspended in February 2022 due to the COVID-19 crisis. The IRS will issue a special…

  • IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns

    As of last week, the Internal Revenue Service (IRS) has taken decisive action to address concerns regarding the improper filing of Employee Retention Credit (ERC) claims, announcing a moratorium on new claims through at least the end of the year. This decision is aimed at protecting unsuspecting tax businesses from falling prey to scams that…