So I woke up this morning and my inbox is full of people that did not get their money in last night’s updates. We are not IRS officials so Please don’t YELL at us. We have no control over when you get your money. We would like to Congratulate everyone that has received an update…
Opening Day for the IRS is Today January 27, 2020. The Internal Revenue Service has set the opening day for the 2020 tax filing season for Monday, Jan. 27, 2020. That’s the day the IRS will begin accepting and processing 2019 tax year returns. The tax filing deadline this year is Wednesday, April 15, 2020…
Any change in your income can impact your income tax return since the IRS taxes different types of income at different rates. The most important thing to determine when assessing your tax situation is whether your income is taxable or nontaxable. After you’ve made that initial determination, it’s easier to attribute a tax rate to…
The IRS is delaying tax refunds for more than 40 million low-income families this year as the agency steps up efforts to fight identity theft and fraud. The delays will affect families claiming the earned income tax credit and the additional child tax credit. These tax breaks are geared to benefit the working poor, and…
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 is working on what it calls its Future State plan, an outline of agency activities in five years and beyond.…
Now that tax season is here, consumers are looking for a reliable, easy way to file their taxes. Why not use an online tax service? These services allow you to easily and safely file your taxes online from the convenience of your own home. And the best part is they can cost much less than…
The Internal Revenue Service announced Monday that the nation’s tax season will begin Monday, Jan. 23, 2017 and reminded taxpayers claiming certain tax credits to expect a longer wait for refunds. The IRS will begin accepting electronic tax returns that day, with more than 153 million individual tax returns expected to be filed in 2017.…
The 2016 tax filing season will open on January 19, the IRS said Monday. That’s the day the agency will start accepting 2015 federal tax returns — both those filed electronically and on paper. If you’re one of those hyper-early types and you’re working with a tax preparation firm or tax prep software, you can…
