2022 Tax Refund Updates Calendar

4 years ago

Where’s my Refund? Updates Calendar for 2022 IRS Transcript and the Where's My Refund? Updates Calendars! Tuesday Transcript Updates - Daily…

IRS Enhances Security of Online ID Verification Process

4 years ago

The Internal Revenue Service has improved its identity verification and sign-in process to enable more people to securely access and…

2022 Tax Refund Schedule

4 years ago

We’ve based these timelines on historical data noting that most refunds will be issued by the IRS in less than 21…

Do I Claim Zero, One, Two W-4 Allowances?

4 years ago

The last thing you want to do is frantically run up to your boss asking “How many allowances do I claim on…

What You Should Know About Unemployment Taxes

4 years ago

Unemployment benefits saved a lot of American households this past year. Furloughs and lay-offs were at an all-time high due to the…

Why it’s important that taxpayers know and understand their correct filing status

4 years ago

A taxpayer’s filing status defines the type of tax return form they should use when filing their taxes. Filing status…

November advance Child Tax Credit payments

4 years ago

The Internal Revenue Service and the Treasury Department announced today that millions of American families will soon receive their advance…

A Math Error Could Be Behind Your Tax Refund Delay

4 years ago

The year 2020 is going to go down in the history books for a lot of reasons, and one of…

Easy steps taxpayers can take now to make tax filing easier in 2022

4 years ago

The Internal Revenue Service today encouraged taxpayers, including those who received stimulus payments or advance Child Tax Credit payments, to…

IRS updates 2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions

4 years ago

The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit Payments to describe…

What day does IRS Update Transcripts?

4 years ago

If you’re one of the millions of taxpayers refreshing “Where’s My Refund?” or checking your IRS Tax Transcript for updates,…

What does the “As Of” Date mean on Tax Transcripts

4 years ago

If you’ve looked at your IRS Tax Account Transcript, you may have noticed a term called the “As Of” date.…

IRS issuing additional tax refunds to 430,000 people

4 years ago

The Internal Revenue Service has issued another round of refunds to workers who paid taxes on their unemployment benefits in…

Midnight Tonight! IRS deadline to change income info for November 15 Child Tax Credit Payment

4 years ago

The next round of the advance child tax credit is set for Nov. 15. But if you're worried that you're…

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 Advance Child Tax Credit Payment

4 years ago

The advance child tax credit allows qualifying families to receive early payments of the tax credit many people may claim…

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

As many taxpayers with children likely already know, there were some changes made to the child tax credit for 2021.…

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

Parents who share custody of their children should be aware of how the advance child tax credit payments are distributed.…

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?

4 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

4 years ago

On its website, the IRS has posted answers to frequently asked questions (FAQs) about Online Account. Online Account provides individuals…

IRS Tax Payment Plan: Everything You Need to Know

4 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

4 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)

4 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

4 years ago

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