IRS Grants Automatic Late Filing Penalty Relief For Tax Years 2019 & 2020
2022-08-28 23:15 Background During the height of the pandemic, taxpayers experienced many obstacles to the timely filing of their 2019 and 2020 tax returns. Some taxpayers were affected by office closures throughout the country. Others had difficulty gathering or providing documents for accurate filings, were incap...
Increase To Educator Deductions
2022-08-11 10:40 New school year reminder to educators; maximum educator expense deduction rises to $300 in 2022 WASHINGTON – As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses for 2022 when t...
How The IRS Gets In Contact, Don't Fall For Scams
2022-07-22 17:50 Understanding how the IRS contacts taxpayers; Avoiding scams and how to know it’s really the IRS reaching out With continuing phone and in-person scams taking place across the country, the IRS wants to help taxpayers understand how and why agency representatives may contact taxpayers.   In most i...
Track Up To The Last 3 Years Of Refunds!
2022-05-25 19:15 WASHINGTON – The Internal Revenue Service made an important enhancement to the “Where’s My Refund?” online tool this week, introducing a new feature that allows taxpayers to check the status of their current tax year and two previous years’ refunds.   Taxpayers can select any of the three most rec...
IRS Math Error Notice - What To Do
2022-04-30 20:20 April 2022 Millions of taxpayers have received math error notices adjusting their returns, including the amount of recovery rebate credit (RRC), child tax credit, or other items claimed on their return. As of April 7, 2022, the IRS had issued 9.4 million math error notices of which 8.3 million of t...
2021 Tax Myths
2022-04-13 08:45 IRS dispels new and common myths about tax refunds; key information available to help people WASHINGTON ― With the April 18 tax-filing deadline closing in for most taxpayers, the Internal Revenue Service wants to dispel some new and common myths about getting refund details or speeding up tax refun...
Tax Return Error Notices And What To Do
2022-03-31 10:35 Don’t panic! It is important to remember – not all correspondence from the IRS necessarily contains bad news.   It is the IRS’s responsibility to make sure your tax return is as accurate as it can be while it is processed and verified. These verification checks can include anything from finding an...