IRS Statement: Providing Meaningful Assistance To Taxpayers In The Current Environment
2022-02-05 11:30 IRS Tax Updates   In case you missed it, the IRS issued a statement on January 27, 2022 which discusses ‘ongoing efforts during the pandemic’ and outlines how it will be ‘implementing additional ways to help avoid confusion and provide important, meaningful relief’.   The statement goes on to sa...
IRS Warning: Scammers Work Year-Round; Stay Vigilant
2022-02-03 11:00 WASHINGTON – As the new year begins, the Internal Revenue Service reminds taxpayers to protect their personal and financial information throughout the year and watch out for IRS impersonation scams, along with other schemes, that try to trick people out of their hard-earned money.   These schemes ...
Key Things To Look For When Receiving An IRS Letter; Check Online Account If Uncertain About Amounts
2022-02-02 10:30 People who received advance Child Tax Credit payments should file a 2021 tax return to get the remainder of the credit for which they are eligible.   Carefully read advance CTC letter 6419: To help eligible taxpayers, the IRS sent letters ("2021 Total Advance Child Tax Credit (AdvCTC) Payments") t...
Third Stimulus Check Eligibility, $1,400 EIP
2022-01-26 19:00  The Internal Revenue Service announced today that all third-round Economic Impact Payments have been issued and reminds people how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax return as part of the 2021 Recovery Rebate Credit.   Parents of a child born in 2...
IRS Child Tax Credit Letters May Have Incorrect Info
2022-01-26 18:00 The letters that the IRS has been sending to taxpayers about the amounts they received on advance payments of the Child Tax Credit may have outdated information. The agency began sending information letters to taxpayers last month about the expanded Child Tax Credit payments and asked taxpayers to s...
Top 5 Things To Remember When Filing Income Tax Returns In 2022
2022-01-24 18:00 With filing season beginning January 24, the Internal Revenue Service reminded taxpayers about several key items to keep in mind when filing their federal income tax returns this year. Given the unprecedented circumstances around the pandemic and unique challenges for this tax season, the IRS offer...
IRS Tax Season Begins January 24
2022-01-14 14:00   The IRS has announced that it will begin accepting and processing 2021 tax returns on January 24, 2022, and that it has updated its programming to accommodate recipients of advance child tax credit (CTC) payments and those still eligible to receive amounts from economic impact payments in the for...