The Internal Revenue Service confirmed that the nation's tax season will start for individual tax return filers on Monday, January…
What is a Tax Topic? Tax topics are used to group returns and they also outline general information pertaining to…
No, you should NOT file your tax return using your last paycheck stub. It is against the law and it…
Who Qualifies for Free File You’re eligible if: your adjusted gross income (AGI) is at or below the current threshold…
When the IRS kicks off the 2020 tax filing season, taxpayers in selected locations will be eligible to opt into…
When you check your tax refund status at IRS.gov or on the IRS2GO app you may get a refund status…
The Transaction Code TC 570 Additional Account Action Pending is a Freeze Code the IRS uses that will hold/stop a…
The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax…
If you’ve ever received mail from the Internal Revenue Service (IRS), you know how confusing — and stressful — it…
Even though the IRS issues most refunds in less than 21 days, it’s possible a taxpayer’s refund may take longer.…
The Taxpayer Bill of Rights groups the dozens of existing rights in the Internal Revenue Code into ten fundamental rights,…
The Department of Treasury's Bureau of the Fiscal Service (BFS) issues IRS tax refunds and Congress authorizes BFS to conduct the Treasury…
A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your…
Do you have any idea how many tax returns are filed in the United States each year? The answer, according to…
The Earned Income Tax Credit (EITC) is an income tax credit given to low- and moderate-income workers through filing a…
If a legally enforceable debt is reported to the Treasury Offset Program, the IRS intercepts the tax refund to pay…
When a tax return has already been filed, errors may be discovered later. Incorrect income, missing deductions, or changes to…
Most of the time, children are considered to be an extension of their parents when it comes to a legal…
If your federal return has already been filed and you are due a refund, you can check the status of…
We will cover the many letters or notices that the Internal Revenue Service sends to individual taxpayers regarding tax audits.…
Getting a copy of your IRS tax transcript is one of the fastest ways to check your tax return processing,…
No one likes it when the IRS reaches out to them. The agency is like that one neighbor you never…
The IRS begins accepting tax returns in mid to late January each year. But if you don’t have all of your tax documents by then, don’t…
As the tax-filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refund by a…
It’s that time of year when taxpayers are thinking about how they want to give back, and many taxpayers will…
Taxpayers with individual taxpayer identification numbers should find out if their number expires this year. If it does, they should renew it…
Your notice or letter will explain the reason for the contact and give you instructions on how to handle the…
If you are a divorced or separated parent with children, a commonly encountered but often misunderstood issue is who claims…
With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they…
The agency and the tax-collection system it oversees are on the brink of catastrophic collapse. Anyone who deals with the…
Adjust withholding The IRS urges everyone to use the Tax Withholding Estimator to perform a paycheck or pension income checkup.…
Are you unable to pay your taxes before the fast-approaching filing deadline? Are your tax bills amounting to an outrageous…
If your tax return for last year has been completed and filed, you are probably thinking about getting rid of…
October 15 is the filing deadline for taxpayers who requested an extension for their 2018 tax return. However, those who…
Everyone has a responsibility to pay his or her taxes each and every year. There are severe penalties imposed by…
The earned income credit (EIC) is one of the most beneficial credits for individuals with children or those that are…
The first step in planning for the year’s tax liability is filling out a W-4 form for your employer. Most…
When it comes to filing your taxes, it seems there is another language that only CPA’s and IRS employees understand.…
The term “exemption” is often one that inspires bewilderment and perplexity among the most intelligent individuals. When filing your personal…
There are several ways in which education expenses can be used to decrease your tax burden. In addition to the…
When filing your personal income tax return, there are primarily two ways to reduce your tax liability: deductions and credits.…
In all the complexity of tax preparation, it is easy to miss a deduction or credit. This is a particular…
Basically, when it comes to filing your personal tax return, there are five filing statuses you may choose from: single…
Of all the intricacies of tax preparation, few aspects are as beneficial as electronic filing or e-filing. Not only is…
Every year, the National Taxpayer Advocate’s Annual Report to Congress identifies at least 20 of the nation’s most serious tax…
Tax credits and tax deductions are two different types of tax breaks. Both can lower your tax bill, but they work in…
The percentage of tax returns being audited each year has steadily declined, due in part to dwindling government resources. Still,…
The Internal Revenue Service launched the new Tax Withholding Estimator, an expanded, mobile-friendly online tool designed to make it easier for…
The Internal Revenue Service and its Security Summit partners today warned taxpayers and tax professionals about a new IRS impersonation…
How quickly will I get my refund? The IRS issue most refunds in less than 21 calendar days. I’m counting…