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

3 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

3 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

3 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?

3 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

3 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

3 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

3 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

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Originally enacted on July 4, 1966, the Freedom of Information Act established a statutory right of public access to Executive…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

3 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

3 years ago

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

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