2019 Cabo San Lucas, Mexico Special Topics Workshop

NSTP

Member Price » $379.00 | Non-Member Price » $479.00 Cabo San Lucas Special Topics Workshop After a busy tax season, it’s time to relax and rejuvenate in Cabo San Lucas! There is something for everyone in this unforgettable beach playground where the Pacific Ocean meets the Sea of Cortes. Take a water taxi, glass-bottom boat or kayak and revel in the captivating stretches of sand, rock and aqua sea. Experience deep sea fishing in the Marlin Capital of the World. Play a round of golf at one of the area’s desert and ocean view courses. Explore the diverse marine life by snorkeling in the warm crystal-blue water or swimming with the dolphins. What better place for a well-deserved getaway! Cabo is full of natural wonders but none can match the grandeur of El Arco. Known in English as The Arch, El Arco is located at Land’s End and this spectacular landmark is one of the iconic symbols of the area. El Arco is a 200-foot granite rock situated at the tip of the Land’s End peninsula, which was carved by the strong ocean currents.

Data Security Message for PTIN Holders

NSTPTax Professionals

Data Security Message for PTIN Holders

Dear Tax Professional, Increasingly, there has been a lot of discussion and messaging around the importance of data and information security. It’s because tax professionals are the prime targets for identity thieves and data breaches continue to affect tax professionals at an alarming rate. Cybercriminals use sophisticated and ever evolving techniques to gain access to your systems. These criminals steal sensitive taxpayer data, file fraudulent tax returns and create financial havoc for you and your clients. Data security is a necessity for every tax professional; protecting taxpayer data is your legal responsibility. While there are many steps you can take to reduce the risk of becoming a victim of cybercriminals, creating and maintaining a data security plan tops the list. The Federal Trade Commission requires all financial institutions (yes, tax return preparers are included in the definition of financial institutions) to have a data security plan. Your plan should be designed to protect all the sensitive taxpayer data entrusted to you as a tax professional. A data security plan is an essential step in protecting your business against data loss and tax related identity theft. A security plan does not guarantee that your business will not be targeted, but it … Read More

Directory of Federal Tax Return Preparers

NSTPTax Professionals

Directory of Federal Tax Return Preparers

Are you included in the Directory of Federal Tax Return Preparers with Credentials and Select Qualifications? This searchable directory is intended to help taxpayers find preparers in their area who currently hold professional credentials recognized by the IRS or who hold an Annual Filing Season Program Record of Completion. Take a look. https://irs.treasury.gov/rpo/rpo.jsf

Post on Your Office Wall: IRS warns taxpayers to be alert to unscrupulous tax return preparers boasting of inflated tax refunds

NSTPFraudulent Tax Refunds, Internal Revenue Service (IRS)

Post on Your Office Wall : IRS Warns Taxpayers of Inflated Tax Refunds

IRS: Be on the lookout for promises of inflated tax refunds Taxpayers are warned to be alert to unscrupulous tax return preparers boasting of inflated tax refunds, a common scam tactic during filing season. Return preparers promising larger refunds than competitors or providing refunds substantially larger than taxpayers have routinely seen could be a warning sign. Con artists promising overly large refunds frequently prey on older Americans and low-income taxpayers and those who don’t have a filing requirement. They may also victimize non-English speakers who may or may not have a requirement to file a tax return. Scam artists can use flyers, advertisements, phony storefronts or word-of-mouth to attract victims. They may even make presentations through community groups or churches. These unscrupulous individuals may dupe others into making claims for fictitious rebates, benefits or tax credits. They may also file a false return in their client’s name, and the client never knows that a refund was paid. Cons may also target those with a filing requirement who are due a tax refund. This may be done by promising larger refunds based on fake Social Security benefits and false claims for education credits or the Earned Income Tax Credit (EITC), among … Read More

National Taxpayer Advocate, Nina Olson, Announces Her Retirement

NSTPInternal Revenue Service (IRS)

National Taxpayer Advocate, Nina Olson, Announces Her Retirement

On Friday, March 1, Nina Olson, National Taxpayer Advocate (NTA), posted her farewell message on the NTA’s blog. In it, she announces that she will retire on July 31, 2019, after eighteen years of service. During her tenure as the NTA, the IRS adopted the Taxpayer Bill of Rights, a concept she both advocated for, and played a major part in designing. Ms. Olson hopes to further develop the services surrounding the Taxpayer Bill of Rights prior to her retirement. Among her goals for the Taxpayer Bill of Rights are: the addition of mandatory employee training on identification and public disclosure of Program Manager Technical Advice (PMTA) memoranda; and developing rights-based notices of math errors, collections, and more. Ms. Olson’s voice as the champion for the individual taxpayer will be missed. The National Society of Tax Professionals (NSTP) appreciates her years of service with the IRS and wishes her every success in her future endeavors. Ms. Olson’s retirement blog entry can be read in its entirety here.