Posts by snapme

Tax Tip 1 – Energy Efficient Home Improvement Credit    The Inflation Reduction Act of 2022 amended the credits available for energy efficient home improvements and residential clean energy property. Here are some tips to help you determine if you’re eligible for the energy efficient home improvement credit.     For property that is ready for…

The Taxpayer Advocate Service (TAS) wants to help you be prepared for the tax filing season. One way to avoid tax processing or refund delivery delays is to wait until you’ve received all of your final wage and income statements, such as Forms W-2 or 1099. IRS cross-checks these income amounts The IRS checks the…

This year’s report focuses on the taxpayer impact of processing delays.   Title: National Taxpayer Advocate delivers 2023 Annual Report to Congress National Taxpayer Advocate Erin M. Collins today released her 2023 Annual Report to Congress, describing 2023 as a year of “extraordinary transition for the IRS and therefore for taxpayers.” The report credits the IRS…

May 25, 2022 – Information you need to know if you received a notification that IRS is auditing (examining) your tax return. TAS Tax Tip: What to do if you receive notification your tax return is being examined or audited If the IRS selects your tax return for audit (also called examination), it doesn’t automatically…

May 19. 2022 – Many taxpayers experience difficulties with correspondence audits. Once a return is selected for examination, the IRS notifies the taxpayer by letter and, as the name implies, conducts the audit via correspondence.   Correspondence audit letters fail to provide a point of contact – the taxpayer is not given a direct phone…

May 17, 2022 – It is a good practice for everyone to do a paycheck check-up every year. Checking your tax withholding amounts can ensure that you aren’t paying too much or too little in federal income tax. Last Updated: May 16, 2022 TAS Tax Tip: Adjust Your Withholding to Ensure There’s No Surprises on Tax…

May 10, 2022 – Do you owe a penalty? Here’s why and what you may be able to do about it. Last Updated: May 10, 2022 TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it?   There are many reasons why the IRS may charge penalties on your…

May 10, 2022 – As the National Taxpayer Advocate, I am the voice of *all* taxpayers within the IRS. As such, my office assists many different types of taxpayers in resolving tax problems with the IRS.   As the National Taxpayer Advocate, I am the voice of *all* taxpayers within the IRS. As such, my…

May 3, 2022 – Did you get a notification from IRS or the Social Security Administration (SSA) advising you that you might be a victim of tax-related identity (ID) theft? Did you get a notification from IRS or the Social Security Administration (SSA) advising you that you might be a victim of tax-related identity (ID)…

Saturday Help The Taxpayer Advocate Service (TAS) is pleased to announce we are partnering with the IRS to offer in-person help on the second Saturday of each month through May 2022. TAS will have representatives available in the following locations on Saturday, March 12 from 9 a.m. to 4 p.m.: Arizona   4041 North Central…