WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled.“We are com…

The White House will order the IRS to pay income tax refunds despite the government shutdown, Russ Vought, acting director of the Office of Management and Budget, said at a briefing with Vice President Mike Pe…

Keeping up with the constantly changing tax laws can help you get the most benefit out of the laws and minimize your taxes. Many tax parameters, such as the standard deduction, contributions to retirement plans,…

2019 Tax Refund Updates Calendar Where’s my Refund? Updates Calendar for 2019 Return Accepted Updates –  This is the intake process of your tax return meaning once you file your income Tax Return whether it be E-Filed or Mailed in on p…

Are you wondering how the new IRS tax law changes will affect you? Be prepared with need-to-know answers to all your tax reform questions. We’ve been keeping track of all the tax law changes so you don’t have to.…

A new transcript format is now in place to better protect your information from identity theft. This new transcript partially masks the personally identifiable information of everyone listed on the tax return. All…

The IRS will begin accepting tax returns on January 28, with nearly 155 million individual tax returns expected to be filed in 2019. The nation’s tax deadline will be April 15 this year.

Many software co…

A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your account was posted to the IRS Master File. This date indicates the 4 digits of the current cycle year,…

The IRS Modernized e-file, the system that processes electronically-filed business returns, will shut down after December 27, 2018, so the agency can perform annual maintenance and to enable the IRS to reprogram…

Funding for many government agencies expired at midnight on Friday, which triggered a partial shutdown of the federal government. The IRS is affected by the shutdown because it is not already funded through…

What are tax preparation options?

There are multiple tax preparation options you can choose from. Once you’ve gathered all the tax documents needed, you can now decide if you want to file your taxes by h…

The IRS faces a particularly challenging rollout to the 2019 filing season, best summarized in four words: more work, fewer employees.

President Donald Trump signed the latest tax reform law in December 2017,…

2018 is the Final year for the Insurance Coverage Penalty Yes, the ACA’s individual mandate penalty is still in effect, and will continue to be in effect in 2018. If you’re uninsured in 2018 and not eligible for an exemption, you’ll owe a penalty when you file your…

Integrity & Verification Operation (IVO) department provides leadership and direction to employees responsible for fraud detection and prevention, revenue protection, and account correction.

Integrity and…

When you’re doing your income taxes, you will require a number of forms and probably the most significant one is the W2 form.

Every business that you were employed at in the course of the previous year is l…

Taxpayers generally want to avoid filing errors because they lead to tax problems and inconveniences. There are times when a taxpayer might experience tax filing mistakes due to complicated and sometimes…