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

As part of the Security Summit effort, the Internal Revenue Service announced today that starting in January the Identity Protection…

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: What Happens When You Are Audited

5 years ago

The Taxpayer Advocate Service (TAS) reintroduces its website with a new design and layout featuring a new digitally interactive Taxpayer Roadmap.…

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

Tax professionals are being asked to increase efforts to inform clients about the Identity Protection PIN Opt-In Program that can…

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

5 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…

U.S. Department of Education has Suspended Student Loan Debt Collection for 60 Days

6 years ago

Federal student loan borrowers late on their payments have been granted some relief by the Department of Education, which will…

Economic impact Payments

6 years ago

The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the…

IRS Mission-Critical Functions Continue During COVID-19 to Assist Taxpayers

6 years ago

As the COVID-19 (coronavirus) outbreak continues, the Internal Revenue Service is taking multiple steps to protect their employees, America's taxpayers and…

IRS extends tax deadline to July 15 from April 15

6 years ago

The Internal Revenue Service has extended the deadline for filing individual tax returns for 2019 to July 15, 2020 from…

The IRS Will Pay Interest on Your Delayed Tax Refund

6 years ago

Some taxpayers have good news and a deposit on the way: The Treasury Department and IRS are sending refund interest…

“Where’s My Refund?” will be updated Saturday February 22, 2020 with Deposit Dates

6 years ago

With millions of tax refunds being processed, the Internal Revenue Service reminds taxpayers they can get fast answers about their…

Avoid the rush after Presidents Day holiday; Use IRS’ online tools to get help

6 years ago

The Internal Revenue Service (IRS) recognized Presidents Day as a federal holiday and is therefore closed. In anticipation of the…

Today will be the End of the 2020 PATH ACT REFUND HOLD

6 years ago

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

What are the Differences Between Form 1095-A, 1095-B, and 1095-C?

6 years ago

Sometimes the most challenging part of filing your taxes is simply knowing what to do with all the paperwork (or…

IRS launches Identity Theft Central

6 years ago

IRS launches Identity Theft CentralFocuses on needs of taxpayers, tax professionals and businesses The Internal Revenue Service today launched Identity…