Uncategorized

The IRS may send a notice or a letter for any number of reasons; it may be about a specific issue on your federal tax return or account, or may tell you about changes to your account, ask you for more information, or request a payment.  Tax Tip: New Taxpayer Roadmap Stops for 2024  The…

At 9 a.m. on Tuesday, February 13, National Taxpayer Advocate Erin M. Collins will appear live on C-SPAN’s Washington Journal to answer viewer questions about the tax filing season and discuss other important tax-related issues facing taxpayers.  Title: Save the Date: National Taxpayer Advocate Takes Your Questions Live, February 13 on C-SPAN’s Washington Journal   …

February 1, 2024 – If you receive a substantial amount of non-wage income like self-employment income, investment income, taxable Social Security benefits, or pension and annuity income, you should make quarterly estimated tax payments. Log in to your online account to make a payment online or go to IRS.gov/payments.   If you receive a substantial amount of non-wage income…

February 1, 2024 – An Employer Identification Number (EIN) is a 9-digit number (for example, 12-3456789) assigned to sole proprietors, corporations, partnerships, estates, trusts, and other entities for tax filing and reporting purposes. Most businesses are required to have an EIN. You may apply for an EIN for free through the IRS and will be…

February 1, 2024 – One component of the National Taxpayer Advocate’s annual reports to Congress that doesn’t receive as much attention as it should is the research studies we conduct and present. It’s hard to overstate their value. As the IRS seeks to transform the taxpayer experience and fix problems, well-designed research that scopes problems…

February 1, 2024 – One component of the National Taxpayer Advocate’s annual reports to Congress that doesn’t receive as much attention as it should is the research studies we conduct and present. It’s hard to overstate their value. As the IRS seeks to transform the taxpayer experience and fix problems, well-designed research that scopes problems…

January 31, 2024 – Earlier this month, the IRS posted information on IRS.gov that will come as welcome news to persons seeking to become “Acceptance Agents” for purposes of assisting individuals who need to obtain an Individual Taxpayer identification Number (ITIN) to file a tax return or be claimed as a dependent on a tax…

Need help filing your federal tax return, but aren’t sure where to start to find a tax preparer? Start with these three easy steps: Watch our Tips for Choosing a Tax Preparer video. Visit our Choosing a Tax Return Preparer Get Help page. Use the IRS directory of preparers to find one near you, that’s…

January 12, 2024  – The taxpayer and her children were in danger of being evicted. Although the taxpayer filed a tax return claiming a refund, she owed federal taxes from a previous year. The IRS normally applies overpayments to satisfy federal tax debts before issuing any refunds, but the taxpayer needed part of her overpayment…

January 10, 2024 – TAS has launched a nationwide Pre-Filing Season Awareness outreach campaign to help millions of taxpayers who self-prepare federal tax returns to avoid common return processing issues that cause refund delays.  Title: TAS Tax Tip: Avoid Tax Return Errors & Refund Delays – 2024  TAS has launched a nationwide Pre-Filing Season Awareness…