…the IRS functions that will continue throughout the shutdown. They include processing electronic returns, testing upcoming filing year programs, and computer operations to prevent the loss of data. …
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…default who completed a rehabilitation program. If approved, the CFPB’s order will not only ban Navient from most federal student loan activities but also require the company to take specific…
…unemployment insurance (UI) benefits. The increases include Federal Pandemic Unemployment Compensation (FPUC) that provided $600 per week of additional compensation from March 28th to July 30th (with a $300 per…
…The IRS is working diligently to identify fraud attempts as quickly as possible, so if you receive a 5071C letter, you may have steps you need to complete in order…
…you want to trace; Complete the form answering all refund questions as they relate to your stimulus payment; When completing item 7 under Section 1, check the box for “Individual”…
…debt most commonly encountered are: a debt for taxes owed by your spouse (but not by you!), a debt for federal student loans, a debt for child support owed to a state. An injured spouse…
…the COVID-19 pandemic. However, it’s also an issue that has been brewing for years. All of this seemed to come to a head earlier in 2021 when unprecedented delays and…
…to update their systems and ensure compliance with the new regulations. c. Identity Verification: To combat fraud and protect taxpayers’ identities, the IRS may conduct additional verification procedures. If your…
Daily or Weekly Accounts
…pending, with an offer-in-compromise, or marked uncollectible. Tax Module – Transactions: Tax Module Transaction disqualifiers relate to codes or transactions present on the individual tax periods within a tax account. Examples…
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