…online for free using brand-name software. Free File is sponsored by the Free File Alliance, a partnership between the IRS and the tax-software industry. People can also visit ChildTaxCredit.gov/file to…
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Apr 12
Identity Protection
…a thorough authentication check. Once authentication is complete, an IP PIN will be provided online immediately. A new IP PIN is generated every year for added security. Once an individual…
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…individual can update their email address using Online Account. However, to change their mailing address, a taxpayer must submit to the IRS a paper Form 8822, Change of Address. Account…
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…check, which passed through the House Ways and Means Committee last week, calls for most Americans to receive a one-time $1,400 direct payment. For taxpayers who file individually, they would…
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…IRS payment plan. While it may be compelling to pay as little as possible each month, it’s ill-advised. The longer it takes you to pay off your tax debt, the…
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…penalties: In addition to the penalties for understating clients’ tax bills, there’s a variety of other fines a tax preparer could face for failing to complete some other tasks. These…
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…is completely optional and involves some fees. For many taxpayers, the convenience of refund transfers outweighs the additional cost. Refund transfers and refund advances are integrated into most professional tax…
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…impatience. Waiting a few extra days or even a week to make sure you have all the forms needed to file a complete tax return could save you long delays…
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…to your address of record within 21 days. Additional Information Visit FAQs about the IP PIN for more information. Visit the IRS Identity Protection page if you don’t meet any…
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Running a home-based business comes with many perks—flexibility, no daily commute, and the comfort of working in your own space. But one of the most significant advantages is the ability…
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