Parents Can Get $300 Every Month For Each Kid In New Stimulus Proposal

5 years ago

This week, Congress will start working on a stimulus package proposed by President Biden. The relief bill will likely include a…

Here’s How Education-Related Tax Benefits Could Change in 2021

5 years ago

The mess of education-related tax breaks available to taxpayers will become a bit easier to navigate in the coming years if the Consolidated…

2021 Tax Refund Updates Calendar

5 years ago

Where’s my Refund? Updates Calendar for 2021 IRS Transcript and the Where's My Refund? Updates Calendars! Tuesday Transcript Updates - Daily…

Tax season is coming with plenty of changes thanks to COVID-19’s economic impact

5 years ago

Your taxes might be a rollercoaster you'll have to tackle this year, thanks to COVID-19's economic impact on 2020. If you…

IRS Offers Guidance To Taxpayers On Identity Theft Involving Unemployment Benefits

5 years ago

The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because…

National Taxpayer Advocate Delivers 2020 Annual Report To Congress

5 years ago

National Taxpayer Advocate Erin M. Collins released her 2020 Annual Report to Congress, focusing on the unprecedented challenges taxpayers faced in…

Recovery Rebate Credit

5 years ago

What is the Recovery Rebate Credit? You can claim your missing stimulus payment with the Recovery Rebate Credit. The IRS…

Tax Filing for Low-Income Taxpayers

5 years ago

Need a hand preparing your tax return this year? There’s a good chance that if you are one of many low-income…

What to Expect During the 2021 Tax Season

5 years ago

In the next few weeks, the Internal Revenue Service (IRS) will begin accepting federal tax returns for the 2020 tax…

IRS Opening Day for 2021

5 years ago

The Internal Revenue Service has announced that the nation's tax season will start on Friday, Feb. 12, 2021, when the…

IRS Free File Opens Jan. 15, 2021!

5 years ago

IRS Free File – online tax preparation products available at no charge – January 15, 2021, giving taxpayers an early…

Tips to Get Your Tax Refund ASAP

5 years ago

Waiting for your tax refund can really test your patience. Unfortunately, we can’t speed up the actual processing time of…

Important Tax Changes In 2021: Individuals And Businesses

5 years ago

Every year, it’s a sure bet that there will be changes to current tax law and this year is no…

2021 IRS E-File Tax Refund Direct Deposit Dates

5 years ago

2021 IRS E-File Tax Refund Cycle Charts The IRS will begin accepting tax returns on February 12, 2021, with nearly 150…

2021 Tax Transcript Cycle Code Charts

5 years ago

A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your…

Identity Theft and IRS Letter 5071C

5 years ago

You just opened your mail and discovered that you have received an IRS Letter 5071C for the previous tax year.…

Why Millions Of Taxpayers Have Not Received 2nd Stimulus Check

5 years ago

Millions of taxpayers have not received their 2nd stimulus check who used online services. Their 2nd stimulus check may have…

Round 2: Economic Impact Payments

5 years ago

The Internal Revenue Service today urged people to visit IRS.gov for the most current information on the second round of…

IRS expands Identity Protection PIN Opt-In Program to taxpayers nationwide

5 years ago

What Changed: IP PIN Is Now Available to Almost Everyone In 2021, the IRS officially expanded its previously limited opt-in…

IP PINs now available to all taxpayers

5 years ago

The Internal Revenue Service (IRS) announced this week that in January 2021 taxpayers can apply for an Identity Protection Personal…

How The IRS Taxes Bitcoin

5 years ago

Bitcoin mania is upon us. It has been widely publicized that the cryptocurrency, Bitcoin, has reached record highs in value…

I Got A Notice From The IRS

5 years ago

What Should I Do?The Internal Revenue Service (IRS) will send a notice or a letter for any number of reasons.…

Your Guide For Tax Audits-IRS Notice Description

5 years ago

This Guide covers the many notices that the Internal Revenue Service sends to individual taxpayers regarding tax audits. IRS NOTICE…

Taxpayers Should Be Aware Of Myths About Tax Refunds

5 years ago

Now that many taxpayers have filed their federal tax returns electronically and the IRS is back to processing paper tax…

What’s An IRS Account Transcript?

5 years ago

An IRS Account Transcript is an official record of your tax return activity, payments, and IRS actions for a specific…

Unemployment Compensation Is Taxable; Have Tax Withheld Now And Avoid A Tax-Time Surprise

5 years ago

With millions of Americans now receiving taxable unemployment compensation, many of them for the first time, the Internal Revenue Service…

Self-Employed Individuals Tax Obligations

5 years ago

Who is Self-Employed? Generally, you are self-employed if any of the following apply to you. You carry on a trade…

Earning Side Income: Is it A Hobby Or A Business?

5 years ago

Whether it’s something they’ve been doing for years or something they just started to make extra money, taxpayers must report…

Why Do I Owe A Penalty And What Can I Do About It?

5 years ago

I sent a payment to the IRS. Why did I get a bill? If you mailed a payment to the…

IRS Audit Rates Significantly Increase As Income Rises

5 years ago

Few things can generate as much taxpayer concern, confusion and controversy as an IRS audit. Tax audits are a critical…

National Taxpayer Advocate Interactive Map

5 years ago

What Is the Taxpayer Roadmap? Think of it as a subway map for the tax system. Like a subway map,…

IRS2GO Mobile App Frequently Asked Questions

5 years ago

In today’s world of electronic streamlining and technological advances, there is an app for everything. And thanks to a forward…

What’s new and what to consider when filing taxes in 2021

5 years ago

The Internal Revenue Service today encouraged taxpayers to take necessary actions in the final weeks of the year to help…

What is Innocent Spouse Relief?

5 years ago

When filing a tax return, most married couples choose to use the status of Married Filing Jointly. There are typically few…

What to Do If You Have Unfiled Tax Returns

5 years ago

No one likes filing their taxes, but not filing them at all is never a good idea. The IRS is…

Taxpayers are reminded that Filing a Tax Extension is not an Extension to Pay Taxes

5 years ago

Taxpayers are reminded that if they have yet to file their federal income tax return, they still have a variety of…

Obtain An Identity Protection (IP) Pin to Protect Against Tax-Related Identity Theft

5 years ago

Why an IP PIN Matters Now Identity theft continues to be one of the biggest threats to your IRS tax…

IRS Allows Temporary Use of E-Signatures for Numerous Tax Forms

5 years ago

On August 28, the IRS announced that it will temporarily allow the use of digital signatures, or e-signatures, on certain…

The Freedom of Information Act

5 years ago

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

How To Report Gambling Winnings And Losses To The IRS

5 years ago

After a big win on a lotto ticket or after a great night at the casino, the last thing you’re…

Tax Topic 151: What Tax Code 151 Means

5 years ago

What is Tax Topic 151? You may receive a tax topic 151 letters in lieu of a full tax refund,…

What is the Premium Tax Credit

6 years ago

Health insurance can be pricey. Luckily, you can get a refundable tax credit just for purchasing health insurance through the…

IRS enhances Get My Payment online application to help taxpayers

6 years ago

The IRS announced significant enhancements to the “Get My Payment” tool to deliver an improved and smoother experience for taxpayers eligible to…

Get My Payment Status

6 years ago

The Internal Revenue Service went live with its "Get My Payment" portal Wednesday, April 15th. This is the much-anticipated tool where you…

IRS rolls out “Get My Payment” an official tool for tracking stimulus payments

6 years ago

The U.S. Department of the Treasury and IRS launched the “Get My Payment” web application. The FREE app allows taxpayers who filed…

80 million Americans will receive a Stimulus Payment deposit by Wednesday, April 15

6 years ago

Millions of Americans are starting to see Economic Impact Payments deposited directly in their bank accounts. The U.S. Department of…

IRS plans to Launch “Get My Payment” Web App This Week

6 years ago

The U.S. Department of the Treasury and IRS will launch the “Get My Payment” web application by Friday, April, 17th.…

Treasury, IRS launches a new tool to help non-filers register for Economic Impact Payments

6 years ago

IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date…

IRS urges taxpayers to use electronic options

6 years ago

The Internal Revenue Service today reminds taxpayers and tax professionals to use electronic options to support social distancing and speed…

Stimulus Check FAQ’s

6 years ago

The stimulus payments being sent out are REALLY advanced tax credits. I believe eligibility will be based on 2020 taxable…