Taxpayers with expiring individual taxpayer-identification numbers should renew their numbers ASAP. There are nearly 2 million ITINs set to expire at the end of 2019. Taxpayers with an expiring number should renew before the end of this…Taxpayers with expiring ITINs should renew them now
The IRS relies heavily on the U.S. Postal Service to deliver notices to taxpayers. Many of these notices are received by taxpayers. This often comes up when the taxpayer has changed addresses. When the taxpayer…Did You Update Your Address With the IRS?
A recent study confirmed that over 16 million people were the victims of identity theft in the span of one year in America alone, which resulted in $16.8 billion in stolen money. Identity theft is dangerous to…Steps to Take If Your Identity Is Stolen
The IRS said that on June 28, 2019, it will stop faxing tax transcripts to taxpayers, tax professionals, and third parties to protect against identity theft (IR-2019-101). The IRS will also stop mailing tax transcripts…Changes to Tax Transcript Availability
Unfiled Tax Returns Some people avoid filing their tax returns because they don’t want to, or can’t afford to pay taxes they owe to the IRS. Others simply forget or don’t know they need to…What to do if you have Unfiled Tax Returns
Military members benefit from a variety of special tax benefits. These include certain nontaxable allowances, non-taxable combat pay, and a variety of other special tax provisions. Here is a rundown on the most prominent of…Tax Benefits for Members of the Military
In a report issued by the Treasury Department on February 14, the average refund it is paying in 2019 has dropped to $1,949 from $2,135 in the prior year. In addition, the number of returns…Why is my Tax Refund not as much this year?
If you aren’t one of those lucky Americans who get a tax refund from the IRS, you might be wondering how you go about paying your balance due. Here are some electronic and manual payment…Options To Pay Your Federal Taxes
According to the IRS Strategic Plan FY 2018 to 2020, these are the major Trends and Challenges going forward: SERVING AN INCREASINGLY COMPLEX TAX BASE The U.S. tax base is becoming more complex. Economic and demographic…IRS faces major Trends and Challenges going Forward
Important Updates Every Taxpayer With Children Should Understand The Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) are two of the most significant tax benefits available to working families. Because these credits…Earned Income Tax Credit And Child Tax Credit – What Changed
I thought it would be a good idea to discuss an issue that affects many taxpayer returns, namely the IRS processes for identifying and stopping refund fraud. Attempted refund fraud has become a significant problem…Significant Delays of Legitimate Tax Refunds
The Earned Income Tax Credit (EITC) is a refundable tax credit given to taxpayers that earn a low-to-moderate income from a job or through self-employment. According to the IRS, around 25 million eligible filers received…Don’t Miss Out on Claiming the Earned Income Tax Credit This Year
The IRS established the Taxpayer Protection Program (TPP) to proactively identify and prevent the processing of identity theft tax returns and assist taxpayers whose identities are used to file such returns. However, as part of…Taxpayer Protection Program (TPP)
Thanks to the tax reform, beginning in 2019, the penalty for not having adequate health insurance, which the government refers to as the “individual shared responsibility payment,” will no longer apply. The elimination of this…Relief From Affordable Care Act Penalty When Uninsured
. Need a copy of a previous year’s tax return? Whether you’re applying for a loan, filing current taxes, or just getting organized, retrieving old IRS records is easier than you might think. This guide…How To Obtain Prior Years IRS Tax Returns
The Protecting Americans from Tax Hikes (PATH) Act was created in order to protect taxpayers and their families against fraud and permanently extend many expiring tax laws. The law, which was enacted December 18, 2015,…Today will be the End of the 2019 PATH HOLD
With Refund Transfer, you can pay your tax preparation fees and other authorized amounts from your refund. Plus, it’s a convenient, secure way to get your tax refund. When filing your taxes with us, you…Tax Refund Transfer Fee Services
With millions of tax refunds being processed, the Internal Revenue Service reminds taxpayers they can get fast answers about their refund by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app. The…Avoid the rush: Fastest way to check tax refund is ‘Where’s My Refund?’ tool at IRS.gov
National Taxpayer Advocate Nina E. Olson today released her 2018 Annual Report to Congress, describing challenges the IRS is facing as a result of the recent government shutdown and recommending that Congress provide the IRS with…National Taxpayer Advocate Delivers Annual Report to Congress: Addresses Impact of Shutdown
With a new tax law in effect and a surge of tax returns expected during the Presidents Day weekend, the Internal Revenue Service is offering taxpayers several tips and various time-saving resources to get them…Avoid the rush over Presidents Day holiday; online tools, resources can help
Today, towards the end of the second full week of the 2019 tax filing season, the Internal Revenue Service warned taxpayers to avoid unethical tax return preparers, known as ghost preparers. By law, anyone who…Don’t fall victim to ‘ghost’ tax preparers
These are some of the most common questions we see on a daily basis. All Refunds Are Delayed The IRS issues more than nine out of 10 refunds in less than 21 days. Eight in…Common IRS Tax Filing Questions
What is the difference between IRS Daily and Weekly Accounts? The difference is when your tax return is processed, and when updates are made and posted to your account. Daily Tax Accounts: Certain individual tax returns…Daily or Weekly Accounts
Every year, the IRS accepts several batches of tax returns to test in a Controlled Launch before they are officially open. What is HUB testing? HUB Testing or Controlled Launch is the period when the IRS tests the electronic filing…What is IRS Hub Testing?
Tax Refund loan products are making a come back. A variety of vendors offer different perks related to your tax refund. Many of the major tax preparation services are offering new products for 2019 tax…Things to Consider before signing for a Tax Refund Advance Loan
The Protecting Americans from Tax Hikes (PATH) Act required the IRS to hold all refunds for returns claiming the earned income tax credit (EITC) and additional child tax credit (ACTC) until February 15. PATH ACT…Where’s My Refund – PATH ACT Message Facts
You may have submitted your tax return form weeks ago and you still do not have it in your bank account. Read on to learn about tracking your income tax return status and more. How…Where’s My Tax Refund? – Frequently Asked Questions
What Is the Usual Turnaround Time to Get a Tax Refund? The IRS sends the tax refund within 21 calendar days. Of course, the timeframe assumes your tax return is accurate and free of any red…How Long Does It Take to Get a Tax Refund?
In preparation for the tax season, it is imperative that you have a strategy to complete your taxes quickly, accurately, and with as little hassle as possible… all while keeping the cost down. With those things…Tax Filing Tips
A new transcript format is now in place to better protect your information from identity theft. This new transcript partially masks the personally identifiable information of everyone listed on the tax return. All financial entries…Get Transcript Changes for 2019
What You Need to Know About Filing as Head of Household Who Can File as Head of Household? To file as a head of household, you have to meet a few guidelines set by the IRS.…Filing As Head Of Household – Frequently Asked Questions
The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for…IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018
Self-employed individuals, unlike employees, don’t have someone withholding Social Security or Medicare (FICA) taxes along with pre-payments toward their federal (and state, where applicable) income tax from their wages during the year. They are not…Self-Employment Tax
The IRS has announced that the 2019 tax filing season will begin on January 28, 2019. Tax preparation companies will be participating in the controlled launch of the e-file system (HUB Testing) with the IRS…IRS Announces the Start of E-File Test Batch(HUB Testing) for 2019
The IRS announced the 2019 opening day of its Free File program, which provides free electronic filing to qualifying taxpayers, generally those who earned $66,000 or less last year. The program is opening before the…IRS Free File is Open Today!
WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that…Tax Filing Season to Begin January 28, 2019
The White House will order the IRS to pay income tax refunds despite the government shutdown, Russ Vought, acting director of the Office of Management and Budget, said at a briefing with Vice President Mike Pence. The IRS…IRS Will Pay Tax Refunds During Government Shutdown
Keeping up with the constantly changing tax laws can help you get the most benefit out of the laws and minimize your taxes. Many tax parameters, such as the standard deduction, contributions to retirement plans,…Changes that might affect your 2019 Tax Return
Where’s my Refund? Updates Calendar for 2019 Return Accepted Updates – This is the intake process of your tax return meaning once you file your income Tax Return whether it be E-Filed or Mailed in on…2019 Tax Refund Updates Calendar
Are you wondering how the new IRS tax law changes will affect you? Be prepared with need-to-know answers to all your tax reform questions. We’ve been keeping track of all the tax law changes so…2018 Tax Law Changes
A new transcript format is now in place to better protect your information from identity theft. This new transcript partially masks the personally identifiable information of everyone listed on the tax return. All financial entries…IRS Changing Format of Tax Transcripts
The IRS will begin accepting tax returns on January 28, with nearly 155 million individual tax returns expected to be filed in 2019. The nation’s tax deadline will be April 15 this year. Many software companies…2019 IRS E-File Tax Refund Direct Deposit Dates
A cycle code is an 8 digit code found on your account transcripts. The cycle code indicates the day your account posted to the IRS Master File. This date indicates the 4 digits of the…2019 Tax Transcript Cycle Code Charts
The IRS Modernized e-file, the system that processes electronically-filed business returns, will shut down after December 27, 2018, so the agency can perform annual maintenance and to enable the IRS to reprogram the system for…IRS Modernized E-File to Close December 27, 2018
Funding for many government agencies expired at midnight on Friday, which triggered a partial shutdown of the federal government. The IRS is affected by the shutdown because it is not already funded through September 2019.…The Government Shutdown Could Halt Many IRS Operations
What are tax preparation options? There are multiple tax preparation options you can choose from. Once you’ve gathered all the tax documents needed, you can now decide if you want to file your taxes by…Tax Preparation – Frequently Asked Questions
The IRS faces a particularly challenging rollout to the 2019 filing season, best summarized in four words: more work, fewer employees. President Donald Trump signed the latest tax reform law in December 2017, but the…IRS budget cuts strain rollout of 2019 tax filing season
Yes, the ACA’s individual mandate penalty is still in effect, and will continue to be in effect in 2018. If you’re uninsured in 2018 and not eligible for an exemption, you’ll owe a penalty when…2018 is the Final year for the Insurance Coverage Penalty
Integrity & Verification Operation (IVO) department provides leadership and direction to employees responsible for fraud detection and prevention, revenue protection, and account correction. Integrity and Verification Operation (IVO) is the department designated to screen individual…The IRS Integrity and Verification Operations