IRS Online Account for Taxpayers

4 years ago

An IRS online account is a safe and easy way for individual taxpayers to view specific details about their federal tax account.…

IRS to offer QR code options for Notices

4 years ago

In the fall of 2020, the Internal Revenue Service announced that it was adding QR, or Quick Response, codes to…

Common Questions About the Child Tax Credit Payments

4 years ago

The Child Tax Credit continues to be one of the most valuable tax benefits for families, especially during years when…

Taxpayers Can Protect Themselves from Scammers by Knowing How the IRS Communicates

4 years ago

If the IRS does call a taxpayer, it should not be a surprise because the agency will generally send a…

Notices & Letters from the IRS: Know What They Mean

4 years ago

The Internal Revenue Service (IRS) will send a notice or a letter for any number of reasons. It may be about…

Filing a Tax Extension

4 years ago

Even with the extended tax filing deadline this year, some taxpayers may still have needed extra time to file their…

Do you have to pay back the Child Tax Credit Payments?

4 years ago

The IRS is now making monthly child tax credit payments to eligible families. Depending on the age of your child, those…

IRS new proposal to track nearly all bank accounts

4 years ago

The Biden administration has revised a controversial plan that would require banks and other financial services institutions to report account data to…

Review Your IRS Tax Records With Tax Transcript At No Charge

4 years ago

Many individuals may not know they can request, receive, and review their tax records via a tax transcript from the…

IRS Launches New Webpage To Assist Taxpayers With Refunds Subject To Joint Committee On Taxation Review

4 years ago

The IRS announced a new webpage that provides information to taxpayers whose large refunds are subject to further review by the Joint…

The Freedom of Information Act

4 years ago

Originally enacted on July 4, 1966, the Freedom of Information Act established a statutory right of public access to Executive…

New IRS rule will affect cash app business transactions in 2022

4 years ago

The American Rescue Plan Act of 2021 modifies the IRS reporting requirement from $20,000 in aggregate payments and 200 transactions to a…

October 2021 Stimulus Check Update: Some U.S. states are issuing their own stimulus checks and cash bonuses

4 years ago

Whether you're in Arizona to Washington, we have you covered with this in-depth guide on the latest news concerning financial…

How does a taxpayer’s custody situation affect their advance child tax credit payments?

4 years ago

The Advance Child Tax Credit payments were based on the IRS records from the most recent tax return on file.…

Child Tax Credit Payments Will Be Sent This Week

4 years ago

It's almost time for the fourth batch of monthly child tax credit payments. The first three payments were sent on…

Tool Available to Track Your Advance Child Tax Credit Payments

4 years ago

The IRS began issuing advance payments of the Child Tax Credit (CTC) in mid-July. Similar to certain other credits with an advance payment…

Create an Online Account at IRS to view your balances, make payments, get transcripts, and more!

4 years ago

The IRS offers an online account application for individual taxpayers. With online account access, you can view: The total amount…

Millions of taxpayers getting surprise bills, revised tax statements from IRS

4 years ago

The Internal Revenue Service has sent out more than 11 million letters to taxpayers showing them they owe more or…

New stimulus payments are less than a month away… here’s who gets the money

4 years ago

Stimulus payments are being sent out by the federal government this fall. The next payment is scheduled to be delivered…

How long will the child tax credit last?

4 years ago

After parents were issued their child tax credit check on Sept. 15, they'll have three more monthly payments this year and one…

IRS Where’s My Refund? Tax Tool for Uploading Documents

4 years ago

Here’s a frustrating scenario that is affecting way too many Americans this tax season: You’ve been waiting months and months for a…

IRS unemployment refund: Still no timeline for September direct deposit as summer ends

4 years ago

Tax Refund Check with W-2 and 1040 U.S. Individual Income Tax Return Forms With less than a week to go…

IRS tax refund update: Faulty ‘math error’ notices sent to people who claimed stimulus check credits

4 years ago

Remember what it felt like when your teacher marked something as “incorrect” on your homework, but then the correction itself…

IRS refunds for unemployment: Here’s what you need to know about payments

4 years ago

Tax Refund Check with W-2 and 1040 U.S. Individual Income Tax Return Forms For months the IRS has been working to…

Still, waiting for your tax refund?

4 years ago

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

How A Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments

4 years ago

When Custody Changes, So Do The Payments Advance Child Tax Credit payments were based on the most recent tax return…

IRS Adds Address Change Capability to Child Tax Credit Portal

4 years ago

The Internal Revenue Service added a new feature to its online portal for the Child Tax Credit allowing parents to update…

How To Return An Improper Advance Child Tax Credit Payment

4 years ago

The IRS has provided instructions for returning advance child tax credit payments (CTCs) that the recipient did not qualify for…

What is a Refund Transfer and How Does it Work?

4 years ago

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

How to Pay Your Federal Owed Taxes

4 years ago

Each year, the IRS collects payments from millions of money-earning, taxpaying Americans. And while, in days of old, payment had…

How do I get my W-2 forms Online?

5 years ago

Tax season is quickly approaching, and the sooner you get your information in order, the better. The first thing to…

IRS Online Account for Individual Taxpayers

5 years ago

The IRS finally has a modern tool that helps taxpayers do almost everything online If you’re still waiting for letters…

IRS Tax Payment Plan: Everything You Need to Know

5 years ago

Have you received a Notice of Deficiency from the IRS? Taxpayer debt is not an uncommon situation. Many American taxpayers have found…

Child Tax Credit Payments Could Impact Your 2021 Tax Return

5 years ago

We know changes to your taxes can be confusing and difficult to navigate at the best of times, and the…

IRS Adjusted Tax Refund (What to Do When the IRS Changes Your Tax Refund Amount)

5 years ago

If you see that the IRS sent a notice claiming they made a change to your refund check amount, there’s…

Student Loan Tax Offset Hardship Refund

5 years ago

College is a time for you to become independent, make lasting memories, and pursue an education that leads to a…

How nonfilers can claim advance child tax credit payments

5 years ago

IRS clarified how individuals who are not otherwise required to file 2020 federal income tax returns can claim advance child…

Refunds are Being Sent to Those Who Already Paid Taxes on 2020 Unemployment Compensation

5 years ago

The Internal Revenue Service is sending more than 2.8 million refunds this week to taxpayers who paid taxes on unemployment…

IRS Expands List of Digitally Filed or Signed Forms

5 years ago

As part of our response to the COVID-19 situation, we have taken steps to protect employees, taxpayers, and their representatives…

Child Tax Credit: IRS to open portals on July 1; checks will begin July 15

5 years ago

The IRS will have two online child tax credit portals open by July 1. That's where you'll change your status…

What does N/A on my Tax Transcripts mean?

5 years ago

What does N/A on my tax transcripts mean? When checking your tax transcripts and if you see a N/A in…

Your Economic Impact Payment Is Available: Find Out Status

5 years ago

The IRS enables you to check when your 2021 Economic Impact Payment is available. The tool updates once each day,…

Tax Day For Individuals Extended To May 17: Treasury, IRS Extends Filing And Payment Deadline

5 years ago

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for…

How Student Loans Could Affect Your Taxes?

5 years ago

Do student loans affect my tax returns? It depends. If you are still in school and receiving money from student…

IRS Statement About CP59 Notices

5 years ago

Earlier in February 2021, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax…

Millions of Americans have already received a tax refund 2021

5 years ago

Millions of Americans have already received refund payments after completing their tax filing, but there are concerns that tax return…

Unemployment + Taxes

5 years ago

If 2020’s economic downturn put you in the position of needing to apply for unemployment benefits, you may have been…

IRS warns of EFIN Scam

5 years ago

The Internal Revenue Service has issued an urgent warning to tax professionals over a new scam in which cyber-criminals impersonate…

Someone Else Claimed My Dependent

5 years ago

Did the IRS reject your tax return because someone else claimed your dependent? Claiming a dependent is usually pretty simple:…

What is the Additional Child Tax Credit?

5 years ago

Whether you have just one on the way or five and counting, kids are expensive. That’s why you should take…