…way you file your tax return, including where you get your taxes done. The delay applies to all methods of tax filing – Online and Paper by a commercial tax…
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…gives employers, as well as other companies preparing tax documents (such as banks, educational institutions, etc.), until January 31 to distribute/postmark all forms. If they are sent by mail, then, you may not receive your documents…
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…to taxpayer assistance to enforcement activities to compliance to systems modernization and, ultimately, to tax revenue,” IRSAC wrote in its report. As a result, the IRS employs about 24,000 fewer…
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Dec 19
IRS Hardship Requirements
…state and area. See link below for more details Below are the links to the more detailed descriptions of common standards for common necessities which includes amounts for more than…
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…hardship it is also a possibility that you may qualify for an offer in compromise. With an offer in compromise, you can settle the taxes you owe for less. [fbcomments]…
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…criminal prosecution. Abusive Tax Shelters: Don’t use abusive tax structures to avoid paying taxes. The IRS is committed to stopping complex tax avoidance schemes and the people who create and…
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…area. See link below for more details Below are the links to the more detailed descriptions of common standards for common necessities which include amounts for more than one person….
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Jan 18
Recovery Rebate Credit
…lower your tax due to the IRS. What are the requirements? Be advised, you do not need to complete any information for this credit if your payment in 2020 was the full…
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Feb 24
IRS warns of EFIN Scam
…file fraudulent returns. “Phishing scams are the most common tool used by identity thieves to trick tax professionals into disclosing sensitive information, and we often see increased activity during filing…
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Nearly every taxpayer with dependent children could be impacted by the PATH Act at some point. In addition to other tax-related provisions, the PATH act affects two extremely common tax…
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