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
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
Where’s My Refund? is an IRS online tool you can use to check the status of your tax return within 24 hours after the Internal Revenue Service has received your e-filed tax return or four… What Day Does Where’s My Refund Update?
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act), was enacted on December 18, 2015. The PATH Act contains several changes to the tax law that affect individuals, families, and businesses, and… Today will be the End of the 2018 PATH HOLD
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. … Avoid the Rush: Track Tax Refunds Online at IRS.gov
Congratulations, Wednesday, January 24 marks the First day for movement on some taxpayers accounts in the 2018 tax filing season. Many taxpayers woke up this morning with a change to their refund status. If your… How many people received and update in the first batch of 2018 updates!
The Tax Cuts and Jobs Act is the most sweeping update to the U.S. tax code in more than 30 years. The reforms will simplify taxpaying for many individual Americans, lower taxes on individuals and… The Tax Cuts and Jobs Act
Starting in 2017, tax refunds that include an Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) will be held until February 15. WHY IS THE DELAY HAPPENING? On December 18, 2015, Congress… Tax Season Important Reminders
The Internal Revenue Service and its in-house watchdog the National Taxpayer Advocate’s office are debating the future of the agency and how that will affect us and our filings in the coming years. The IRS… What Will the IRS of the Future Look Like?
One of the big sticks that the Internal Revenue Service wields is penalties for our mistakes or willful disregard of tax laws. Some of the penalties were increased in 2016 thanks to law changes. Others… The amounts of some tax penalty will increase in 2017