Outreach Connection FY25-03

09 Dec 2024 12:27 PM | Anonymous

Helping taxpayers prepare for 2025 filing season

 

In this edition

Steps to prepare for filing

Husband and wife preparing paperwork

The IRS reminds people of simple steps they can take now to prepare to file their 2024 federal tax returns.

Prepare for 2025 filing season with online tools and key reminders

Sign up for an IRS Online Account

man working on laptop at home office

Taxpayers can securely access and view their IRS tax information anytime through their individual Online Account. They can see important information when preparing to file their tax return or following up on balances, notices, payments, tax records and more.

Information about Online Account

Protect yourself from tax fraudsters

Get an identity protection PIN

Taxpayers can add an extra layer of protection between their tax returns and identity thieves using the identity protection personal identification number (IP PIN) program at the start of the 2025 tax season.

Guard against fraudsters with an IRS identity protection PIN

Beware of bad tax advice on social media

Wildly inaccurate tax claims continue building across social media. These scams take many different forms and make outlandish promises to inflate refunds.

Watch out for bad tax advice on social media

New guidance on reporting income on Form 1099-K

Form 1099 K Merchant transaction record

Payment apps and online marketplaces will be required to report transactions when the amount of total payments for those transactions is more than $5,000 in 2024.

Form 1099-K threshold is $5,000 for calendar year 2024

Hooded hacker online security on laptop

Volunteers needed for tax help programs

Woman pointing to volunteer uniform smiling over isolated white background

The Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs are seeking volunteers for filing season 2025.

Help your community by becoming a VITA/TCE volunteer.

More resources


©2024, Virginia Society of Tax & Accounting Professionals, formerly The Accountants Society of Virginia, 
is a 501(c)6 non-profit organization.

8100 Three Chopt Rd. Ste 226 | Richmond, VA 23229 | Phone: (800) 927-2731 | asv@virginia-accountants.org

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