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 →
Tag Archives: IRS
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 →