RefundtalkThe Internal Revenue Service reminds taxpayers that IRS.gov provides last-minute tax return filers with the resources they need to get taxes done before the April 18 deadline. IRS.gov remains a great resource to help people working on their taxes in the final days before the deadline. The website has numerous resources ranging from tax preparation and refund…
Category Archives: IRS NEWS
IRS advises early filers to consider filing an amended return if they reported tax refunds as taxable.
The Internal Revenue Service said that taxpayers who filed their federal income taxes early in this year’s filing season and reported certain state 2022 tax refunds as taxable income should consider filing an amended return. On Feb. 10, 2023, the IRS provided details clarifying the federal tax status involving special payments made to taxpayers by…
IRS Warns of Dangerous New Tax Scam Involving W-2 Forms
The Internal Revenue Service issued a consumer alert today to warn taxpayers of new scams that urge people to use wage information on a tax return to claim false credits in hopes of getting a big refund. One scheme, which is circulating on social media, encourages people to use tax software to manually fill out Form…
Avoid the holiday rush after Presidents Day. Get help with IRS online tools
The Internal Revenue Service (IRS) recognized Presidents Day as a federal holiday and is therefore closed. In anticipation of the upcoming holiday, the IRS warned people who planned to call before and after the holiday that they could experience longer wait times. The organization added that Tuesday, February 21, 2023, the day after Presidents Day…
IRS announces special Saturday hours for face-to-face help at Taxpayer Assistance Centers across the nation
As part of a continuing effort to improve service this tax season, the Internal Revenue Service today announced special Saturday hours for the next four months at Taxpayer Assistance Centers (TACs) across the country. The special Saturday availability across the nation will take place from 9 a.m. to 4 p.m., on Feb. 11, March 11, April 8,…
Top Facts Filers Should Know for IRS Opening Day 2023!
Opening Day for the IRS is Today January 23, 2023. The Internal Revenue Service kicked off the 2023 tax filing season with a focus on improving service and a reminder to taxpayers to file electronically with direct deposit to speed up refunds and avoid delays. Following a successful opening of its systems today, the IRS is now…
IRS Postpones Implementation Of $600 Form 1099-K Reporting By A Year
As a result of taxpayer confusion, lack of clear guidance, concerns about the existing backlog, and impact on the upcoming filing season, industry and stakeholders urged the IRS to postpone the implementation of the new reporting requirements of Forms 1099-K. Good news: The IRS listened, and on Friday, December 23, the IRS issued Notice 2023-10 delaying the…
Are You a Tax Return Ghost Preparer?
With tax season approaching, the Internal Revenue Service (IRS) is again warning consumers and companies to avoid “ghost” tax return preparers. Are you a ghost preparer? Tax preparer fraud is a perennial issue and one which the IRS takes very seriously. All tax preparers in the U.S. are required to identify their role in preparing a return…
What’s new and what to consider when filing taxes in 2023
The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A “Get Ready” page outlines steps taxpayers can take now to make tax filing easier in…
4000 People Have Been Hired By IRS Ahead Of The 2023 Tax Season
The Internal Revenue Service announced today significant progress to prepare for the 2023 tax filing season as the agency passed a milestone of hiring 4,000 new customer service representatives to help answer phones and provide other services. These assistors have been hired over the last several months and are being trained to provide help to…
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