2020 National Tax Security Awareness Week: Cyber Monday - Security Tips from the IRS. Learn shopping securely online, security software tips for computer and mobile devices, and much more.

Are you purchasing real estate property in the U.S. from a foreign owner? If yes, you may be required to withhold 10 percent of the amount realized from the sale due to the Foreign Investment in Real Property Act of 1980 also known as FIRPTA.

Be informed about your Federal income tax responsibilities.

The FEAB 101 series travels around the country showcasing partners’ efforts around Financial Education and Asset Building (FEAB). In this installment, Robin McKinney from Maryland CASH in Baltimore, MD provides and overview of the Maryland CASH Academy.

The FEAB 101 series travels around the country showcasing partners’ efforts around Financial Education and Asset Building (FEAB). In this installment, representatives from Capital Area Asset Builders in Washington, DC share their experiences around the topic of Credit Counseling and how to integrate these efforts into a VITA site.

The FEAB 101 video series is designed to provide internal SPEC employees as well as external partner organizations a better understanding of the various topics that make up Financial Education and Asset Building (FEAB). This installment focuses on Individual Development Accounts (IDA) and the impact they can have on the financial well-being of taxpayers. In addition, the partners discuss how they developed their efforts around IDAs.

The FEAB 101 video series is designed to provide internal SPEC employees as well as external partner organizations a better understanding of the various topics that make up Financial Education and Asset Building (FEAB). This installment focuses on the importance of banking and the impact for the individual taxpayer of having a bank account. FEAB is a major focus for the organization and this video series will help partners and employees to see the possibilities for the program.

The FAST video series is designed to provide internal SPEC employees as well as external partner organizations a better understanding of the various models that make up the Free Assisted Self-service Tax Prep (FAST) as well as how the program works. This installment focuses on the standalone FAST site model and how this type of site can serve a wide range of taxpayers. In addition, the partners discuss how they developed their site and why the model interested them.

The FEAB 101 video series is designed to provide internal SPEC employees as well as external partner organizations a better understanding of the various topics that make up Financial Education and Asset Building (FEAB). This installment focuses on the growing Bank On movement and the impact for the individual taxpayer of having a bank account. FEAB is a major focus for the organization and this video series will help partners and employees to see the possibilities for the program.

The FAST video series is designed to provide internal SPEC employees as well as external partner organizations a better understanding of the various models that make up the Free Assisted Self-service Tax Prep (FAST) as well as how the program works. This installment focuses on the collocated model and how this type of site can serve a wide range of taxpayers. In addition, the partners discuss how they developed their site and why the model interested them.

This webinar will describe the purpose of the foreign tax credit, describe the purpose of properly sourcing income for foreign tax credit computation purposes, determine the criteria that taxes must meet in order to be eligible for the foreign tax credit and much more.

The webinar will cover the following an overview of the checklist: Explain the reason for a new design of the W-4. Explain Steps 1-5 of the 2020 Form W-4. Explain who must use the 2020 Form W-4. Illustrate how to complete two of the five worksheets from Publication 15-T

This webinar will provide background on United States citizenship by birth and relinquishing citizenship, discuss tax implications of relinquishing citizenship, describe the purpose and scope of the new Relief Procedures for Certain Former Citizens (“relief procedures”), and much more.

This webinar highlights changes to standard deductions, personal exemptions, itemized deductions, child tax credit and other changes.

The Low Income Taxpayer Clinic Director discusses how LITCs can assist taxpayers.

Two Stakeholder Partnerships Education and Communication (SPEC) share new ways to file Federal Income Tax returns.