Did Your Tax Return Get Accepted Before the IRS Opening Day in 2024?

2 years ago

The 2024 tax season is underway, and a few early taxpayers have already received notifications from both Where’s My Refund?…

IRS E-File HUB Testing Information for 2024

2 years ago

Every year, the IRS accepts several batches of tax returns to test in a Controlled Launch before they are officially…

IRS PATH ACT

2 years ago

Taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit may experience a refund hold. According…

2024 Tax Refund Updates Calendar

2 years ago

Where’s my Refund? Updates Calendar for 2024 IRS Transcript and the Where's My Refund? Updates Calendars! Tuesday Transcript Updates - Daily…

How to Read an IRS Account Tax Transcript: A Step-by-Step Guide

2 years ago

Navigating your IRS account tax transcript can feel daunting, but it’s a powerful tool for understanding your tax status, payments,…

2024 Tax Transcript Cycle Code Charts

2 years ago

A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your…

Tax Refund Status: “We Have Received Your Tax Return and It Is Being Processed” vs. “Your Tax Return Is Still Being Processed”

3 years ago

“We Have Received Your Tax Return and It Is Being Processed” vs. “Your Tax Return Is Still Being Processed” When…

Verifying Your Identity with the IRS

3 years ago

Received an IRS Letter 5071C and wondering what it means? Don’t stress! This notice is the IRS’s way of keeping…

2023 Tax Refund Updates Calendar

3 years ago

Where’s my Refund? Updates Calendar for 2023 IRS Transcript and the Where's My Refund? Updates Calendars! Tuesday Transcript Updates - Daily…

2023 Tax Transcript Cycle Code Charts

3 years ago

A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your…

Understanding How to Dispute an IRS Notice

4 years ago

Got an IRS notice that doesn’t sit right? Maybe it’s an audit adjustment or a penalty you think is unfair.…

Taxpayers, Beware! What Are IRS “Badges of Fraud”?

4 years ago

Don’t let your tax return raise red flags with the IRS! Understanding Badges of Fraud can keep you out of…

Identity Theft and Refund Fraud Overview

4 years ago

Identity theft and tax refund fraud are on the IRS’s radar, and they’re teaming up to protect YOU! The Security…

IRS Tax Return Processing Delays Continue Millions of Americans Are Still Waiting on Their Tax Refunds

4 years ago

Millions of Americans are still waiting for their IRS tax refunds as delays continue into 2025, causing frustration and financial…

Status of Student Loan Repayment When Filing Taxes in 2026

4 years ago

Millions of taxpayers with student loans face major changes as they prepare to file taxes in 2026 due to updates…

IRS Sending Plus Up Payments To Some Taxpayers Before Year End 2021

4 years ago

The Internal Revenue Service (IRS) is currently focusing on a stimulus check backlog which includes the Plus-Up Payments that many Americans are entitled to.…

The last monthly child tax credit payment of 2021 is being distributed

4 years ago

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

IRS will send out the last Advance Child Tax Credit payment by December 15, 2022

4 years ago

The Internal Revenue Service (IRS) is preparing for the sixth and final batch of monthly child tax credit payments. The first five payments…

2022 IRS E-File Tax Refund Direct Deposit Dates

4 years ago

2022 IRS E-File Refund Cycle Charts The IRS will begin accepting 2021 tax returns on January 31, 2022, with nearly 165…

Get ready for taxes: What’s new and what to consider when filing taxes in 2022

4 years ago

The Internal Revenue Service today encouraged taxpayers to take important actions this month to help them file their federal tax…

What taxpayers can do now to get ready to file taxes in 2022

4 years ago

There are steps people, including those who received stimulus payments or advance child tax credit payments, can take now to…

2022 Tax Transcript Cycle Code Charts

4 years ago

A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your…

IRS Reference Code

4 years ago

IRS “Where’s My Refund?” Reference Codes – Quick Guide We’ve compiled a simplified index of common IRS Reference Codes that…

Nov. 29 – Dec. 3, 2021, is National Tax Security Awareness Week

4 years ago

Kicking off a special week, the Internal Revenue Service and the Security Summit partners today warned taxpayers and tax professionals to beware…

Some important things all taxpayers should do before the tax year ends

4 years ago

The IRS reminds taxpayers there are things they should do before the current tax year ends on Dec.31. Donate to…

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 Child Tax Credit Payments

4 years ago

The Child Tax Credit continues to be one of the most valuable tax benefits for families, especially during years when…

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…