How nonfilers can claim advance child tax credit payments

4 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

4 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

4 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…

How the pandemic will affect filing your taxes

5 years ago

The IRS will begin accepting tax returns on Feb. 12, 2021. Here’s a breakdown of what you should know before…

Where’s my refund? How to check the status of your 2020 tax refund

5 years ago

Filed your taxes and expecting a refund? Here's how to check the status and how long you may have to…

Should you file your taxes right away in 2021 or wait?

5 years ago

There are pros and cons to either filing your taxes now or holding off a few more weeks in terms…

Third stimulus payment: $1,400 or $3,600 per child? Why some are confused

5 years ago

Two items in the COVID relief package affect how much money the government will send parents to cover their children…

Taxable Vs Nontaxable Income

5 years ago

Are you wondering if there’s a hard and fast rule about what income is taxable and what income is not…

You Can View Your IRS Account Online

5 years ago

The first step of tax preparation is gathering records As taxpayers get ready to file their tax returns, they should…

If You Didn’t Get Your Economic Impact Payment, Your Joint Tax Return May Be the Reason Why

5 years ago

If you didn’t receive your Economic Impact Payments (EIPs) and a 2018 or 2019 joint return was filed in your…

Today will be the End of the 2021 PATH ACT REFUND HOLD

5 years ago

The Protecting Americans from Tax Hikes (PATH) Act was created in order to protect taxpayers and their families against fraud…

The PATH Act: What It Is and How It Affects Your Taxes

5 years ago

Nearly every taxpayer with dependent children could be impacted by the PATH Act at some point. In addition to other…

Top Facts Filers Should Know for IRS Opening Day

5 years ago

Opening Day for the IRS is Today February 12, 2021. The Internal Revenue Service has set the opening day for…

IRS Notice CP05 – Your Tax Refund is Being Held While The IRS Reviews Your Tax Return

5 years ago

Your tax refund is being held, pending a review of your tax return. The IRS may contact third parties to…

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…

Ways an Identity Protection PIN Keeps Your Identity Safe

5 years ago

Identity theft is a crime that affects victims for years after it’s committed—from ruined credit to tax debt, recovering in…

Here’s When to File Taxes if You Haven’t Gotten Stimulus Money

5 years ago

If your $600 stimulus payment (also referred to as the second economic impact payment, or EIP2) still hasn’t arrived in…

How Does My Stimulus Payment Affect My 2020 Tax Return?

5 years ago

Now that many taxpayers have received (and most likely spent) their Economic Impact Payments (EIPs), they’re wondering how that extra…

E-File Test Batch(HUB Testing) for 2021

5 years ago

The IRS has announced that the 2021 tax filing season will begin on February 12, 2021. Tax preparation companies will…

What to Do If Your Stimulus Check is Lost, Stolen, or Destroyed

5 years ago

If your stimulus check is lost in the mail, or something else happens to it before you get it, you…

IRS urges taxpayers to gather tax documents now for smooth filing later

5 years ago

The Internal Revenue Service is reminding taxpayers that organizing tax records is an important first step for getting ready to…

Get a federal tax refund faster with direct deposit

5 years ago

The Internal Revenue Service today reminds taxpayers that the fastest way to get their tax refund is by filing electronically…

Join us for EITC Awareness Day on Friday, January 29, 2021

5 years ago

Join us in making the 15th annual Awareness Day as successful as last year’s. We partnered with more than 1,500 supporters with…

Important reminders before filing 2020 tax returns

5 years ago

Following an unpredictable year with many changes and challenges, the Internal Revenue Service today shared important reminders for taxpayers who…

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…