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IRS Destroys Tax Data For 30 Million Unhappy Filers From Harlem To Hollywood

If you need a copy of a previous tax return from the Internal Revenue Service (IRS), you may be out of luck. Continue reading

Harlem’s Espaillat Announces Tax Credit To Cover Cost Of Paid Leave For Small Businesses

Representative Adriano Espaillat announced today that the IRS will continue to provide tax credits to help local small businesses cover the costs of providing paid sick and family leave for workers through September.Continue reading

IRS To Require Cryptocurrency Investors To Report Transfers Over $10,000

Cryptocurrency investors who think they’re out of Big Brother’s watchful eye just got a wake-up call. Continue reading

IRS Says Face Masks And Other COVID-19 Personal Protective Gear Is Tax-Deductible

The Internal Revenue Service (IRS) sent out a reminder to taxpayers on Friday that any money spent on personal protective equipment (PPE).Continue reading

Use NYC Free Tax Prep To File For Free And Keep Your Whole Refund

If you earned $68,000 or less in 2020, learn how you can file for free— including from home — with the help of an IRS-certified VITA/TCE volunteer preparer. Continue reading

IRS Urges Taxpayers From Harlem To Hollywood To Get Head Start On 2020 Tax Prep

It’s still 2020 and there’s plenty of time before the next April 15 Tax Day, but the Internal Revenue Service (IRS) is encouraging taxpayers to take necessary actions now to facilitate a timely and accurate filing of federal tax returns in 2021.Continue reading

IRS Unveils Revised COVID-19-Related Collection Procedures

The Internal Revenue Service (IRS) has announced changes that it says will offer relief to taxpayers impacted by COVID-19. Continue reading

IRS Provides Tax Inflation Adjustments For Tax Year 2021

The Internal Revenue Service (IRS) has released its 2021 inflation adjustments that affect more than 60 federal income tax provisions. Continue reading

IRS To Send Out Millions Of Letters Urging Taxpayers To Request Unclaimed Checks

The Internal Revenue Service (IRS) is sitting on nine million unclaimed COVID-19 Economic Impact Payment checks and wants to get them off their desk. Continue reading

IRS Offers Last-Minute Advice With July 15 2020, Tax-filing Deadline Quickly Approaching

With the new July 15, 2020, tax-filing deadline looming large, the Internal Revenue Service (IRS) wants Americans to know that they’re not being left out in the woods.Continue reading

Hey Harlem Small Businesses, Here Are 4 The COVID Crisis-Related Tax Solutions

If you’re a small business owner, COVID-19 has likely had a financial impact on your company that may include paying any taxes you owe this year. Continue reading

IRS Clears The Air On Why All Stimulus Checks Aren’t The Standard $1,200

To clear up some misconceptions about the pandemic-related Economic Impact Payment, the Internal Revenue Service (IRS) has sent out new consumer guidance.Continue reading

Here Are More Grants And Resources For Small Businesses From Harlem To Hollis

More and more companies are supporting small businesses with grants, tax deferments, ad credits, free legal service programs in and out of Harlem.Continue reading

The COVID-19 Crisis: Stimulus Checks Go Out April 9th, But Some Taxpayers May Wait Months

One of the bigger consumer questions looming around the COVID-19 crisis is when am I going to get that stimulus check the government promised?Continue reading

IRS Reminds First-Time Filers That Free File Might Be Their Best And Easiest Option

Do you remember the first time you had to file a tax return? For most first-timers, it was a daunting array of too many boxes and what-exactly-are-they-asking-for numbers to track down.Continue reading

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