The IRS began issuing advance payments of the Child Tax Credit (CTC) in mid-July. Similar to certain other credits with an advance payment option, taxpayers who receive these advance payments will have to…

The IRS lets you access most tax tools with one account

ID.me uses the latest in identity verification technology to authenticate your identity quickly and easily. They specialize in digital identity…

The Internal Revenue Service has sent out more than 11 million letters to taxpayers showing them they owe more or are not getting back as much in a refund as they thought.

That’s five times more than in 2019,…

Stimulus payments are being sent out by the federal government this fall. The next payment is scheduled to be delivered in about three weeks. The payments are part of the American Rescue Plan that President Joe…

After parents were issued their child tax credit check on Sept. 15, they’ll have three more monthly payments this year and one next year. Due to changes made in the American Rescue Plan to help families, h…

Here’s a frustrating scenario that is affecting way too many Americans this tax season: You’ve been waiting months and months for a refund, but instead of getting a check from the Internal Revenue Service (IRS)…

Tax Refund Check with W-2 and 1040 U.S. Individual Income Tax Return Forms

With less than a week to go before the official end of summer, many patient Americans are still wondering if they’ll ever receive one o…

Remember what it felt like when your teacher marked something as “incorrect” on your homework, but then the correction itself turned out to be incorrect? Well, millions of American taxpayers may feel like the…

Tax Refund Check with W-2 and 1040 U.S. Individual Income Tax Return Forms

For months the IRS has been working to clear a massive backlog of unprocessed tax returns. Many Americans are owed hundreds – if not th…

IRS Encourages Modernization Of Electronic Filings: 30 Million Taxpayer Paper Filed Tax Returns Destroyed

According to the Inspector General’s audit, the IRS destroyed 30 million paper documents while millions of…

It’s been almost four months since the filing deadline for your 2020 tax return, and you haven’t gotten your refund check yet.

Should you be worried? Not necessarily.What should you do? Probably not…

Parents who share custody of their children should be aware of how the advance child tax credit payments are distributed. It is important to remember that these are advance payments of a tax credit that taxpayers…

The Internal Revenue Service added a new feature to its online portal for the Child Tax Credit allowing parents to update the mailing address where they should receive the monthly payments.

The new feature…

The IRS has provided instructions for returning advance child tax credit payments (CTCs) that the recipient did not qualify for or, for other reasons, wishes to return. 

Because of one or more of the…

Tax refund transfers are a valuable business for tax preparation companies. Here’s what they are, how they work, and how they can benefit taxpayers.

What are refund transfers?

Also called bank products a…