IRS Recommends Taxpayers Plan Now to Make Tax Filing Easier In 2022
According to a recent IRS news release, taxpayers who received stimulus payments or advance Child Tax Credit payments, should take steps now to make...
The stalemate in DC has shut down the IRS as well and one of the biggest effects is that any returns with refunds, the refunds are not being processed. Payments on returns are being processed. This causes a lot of other peripheral problems as well. New businesses can’t get employer identification numbers in order to be able to open bank accounts and pay their withheld payroll taxes. This puts anyone trying to open a new business at a standstill. Even though the service is shut down tax return due dates have not been extended and if you have returns due you need to file those returns timely. This mess will get uglier for taxpayer compliance the longer it continues on.
posted by Alan Long, CPA, CITP, CGMA
Check on your refund — and find out why the IRS might not send it
Marketing : 5/6/19 12:00 AM
It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have...
What You Should Know About the Tax Refund Scam
Marketing : 3/7/18 12:00 AM
A new tax identity theft scam has popped up in 2018. The IRS is alerting taxpayers of this new refund scam where criminals are having incorrect...