IR-2024-271, Oct. 15, 2024 WASHINGTON — The Internal Revenue Service will offer a free webinar to help large business taxpayers understand the Compliance Assurance Process (CAP) by discussing updates and […]
IRS warns taxpayers of charity scams following recent hurricanes; provides tools to help people verify legitimate groups
IR-2024-269, Oct. 15, 2024 WASHINGTON — In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive […]
Tax Time Guide: Things to consider when filing a 2022 tax return
With the 2023 tax filing season in full swing, the Internal Revenue Service reminds taxpayers to gather their necessary information and visit IRS.gov for updated resources and tools to help with their 2022 tax return.
Tax Return Deadline/Payment Deadline Update COVID-19
IRS The IRS has officially pushed back the tax filing deadline to July 15, 2020 for all the 2019 tax liability as well as 2020 estimated tax payments. AGAIN, the […]
Tax reform changes affecting small business and self-employed taxpayers; third quarter estimated tax payment deadline is Sept. 17
IR-2018-182, Sept 10, 2018 WASHINGTON – With the last third of the year now in full view, the IRS today reminded small business and self-employed taxpayers of the importance of […]
IRS: 2018 employer reimbursements for employees’ 2017 moves are generally tax-free
IR-2018-190, Sept. 21, 2018 WASHINGTON — Employer payments or reimbursements in 2018 for employees’ moving expenses incurred prior to 2018 are excluded from the employee’s wages for income and employment […]
New employer tax credit for paid family and medical leave available for 2018 and 2019
IR-2018-191, Sept. 24, 2018 WASHINGTON — Today the IRS announced that eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit […]
Lawmakers Plan to Introduce Legislation to Protect Taxpayers from IRS Abuses
Sen. Lamar Alexander, R-Tenn., and Rep. Stephen Fincher, R-Tenn., on September 3 announced their intention to introduce legislation following Congress’s return to session on September 9 requiring the federal government […]
Many Early Tax Filers Still Waiting for Refunds
By Blake Ellis | CNNMoney.com More than three months after rushing to file their taxes early, some filers still haven’t received refunds from the IRS. Taxpayers claiming education credits […]
10 Sweet, Often-Overlooked Tax Breaks
By Kay Bell | Bankrate.com The goal of every taxpayer is to make sure the Internal Revenue Service gets as little as possible. For that to happen, you need […]