Loading...

Here is some information on Tax Topic 151 & 152 that many people asked for. We have also listed the full definitions below you can also visit the IRS Website www.irs.gov to find out more information.   Topic 151 – Your Appeal Rights The IRS aims to resolve tax disputes through an administrative appeals process…

Loading...

Ever wonder what happens to your return once you hit the submit button and e-file your Income Tax Return? Once you submit your tax return it is submitted to one of the five processing centers across the country. Austin Cincinnati Fresno Kansas City Ogden Once one of these processing centers receive your tax return it…

Loading...

Why Did the IRS Take The Online “Get Transcript” Tool Away From Tax Payers in 2016? IRS Suspension of Online Transcripts is going to be the biggest change to this tax filing season. For the past few years, taxpayers have relied on being able to go online and pull their Personal Tax Account Transcripts. In…

Loading...

Things can get a little overwhelming towards the end of January. You begin to see everyone able to file their taxes. You’re still waiting for your W-2. You know you’re getting a refund and you want to file your return, but it’s something you can’t do until you receive your annual wage statements. (W-2’s). In…

Loading...

The Internal Revenue Service recognizes that the loss of a job may create new tax issues. The IRS provides the following information to assist displaced workers. Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time are also taxable. You should ensure that enough taxes are withheld from these payments…

Loading...
Jan 16

Refund Status

IRS Where’s My Refund? Refund Status Messages What does your tax refund status look like today?  Have you submitted your Income Tax Return to the IRS to be E-Filed? Now the waiting game begins to see if we get approved for a refund or not. We’re gonna show you a little bit of information about…

Loading...

What does my Tax Refund Status Mean? Return Received/Accepted: This simply means that the government has received your e-filed tax return. If you’re getting a refund, the next step is for the government to approve your refund before they can release it to you. What this means for you: The next step is to get…

Loading...

As tax season approaches, you might come across ads or social media posts promising that paying a premium can get you a tax refund before anyone else. Don’t be fooled—there’s no shortcut to jump the queue. Tax season typically opens the last week of January, and no amount of extra fees will speed up the…

Loading...

  Illegal ways people are Cashing in on Bigger Tax Credits Most people who want to cheat on their taxes will do anything they can to understate their income. After all, the more money you make, the more money you’ll likely owe. But there’s at least one scam where an unscrupulous tax preparer will try to…

Related Posts