The Tax Professionals Blog
Highlights of Internal Revenue Bulletin 2025-6 – 2/3/2025
Posted by Lee Reams Sr., BSME, EA on
Stay updated on the latest IRS rulings, tax procedures, and regulations from the February 2025 Internal Revenue Bulletin. Learn about key changes affecting taxpayers, businesses, and advisors.
The Purpose of Sec 7216 Regulations Related to Tax Preparers
Posted by Lee Reams Sr., BSME, EA on
In this article, learn how Sec. 7216 regulates tax return preparers, protects taxpayer info, outlines penalties, and defines exceptions. Stay compliant and safeguard client confidentiality.
Highlights of Internal Revenue Bulletin 2025-5 – 1/27/2025
Posted by Lee Reams Sr., BSME, EA on
Learn about new IRS pilot programs, tax regulations, and penalties, including Fast Track Settlement updates and digital asset identification relief.
Restricted Stock Under Sec 83
Posted by Lee Reams Sr., BSME, EA on
In this article, learn about restricted stock under Sec 83, the benefits of a Sec 83(b) election, and the IRS's new Form 15620 for filing elections on time and correctly.
Highlights of Internal Revenue Bulletin 2025-4 – 1/20/2025
Posted by Lee Reams Sr., BSME, EA on
In the latest IRS release, discover rulings on digital assets, employment tax, premium tax credits, clean electricity investment, and more. Learn how these updates may impact you.