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If you have children or other dependents, and qualify to claim them on your tax return, there are a few things you need to know before you file your federal tax return.   General Information Child and dependent-related tax benefits are some of the most common claimed benefits on federal tax returns each year. If…

On August 24, 2022, the IRS announced that it will grant relief for failure-to-file (FTF) penalties on the following 2019 and 2020 federal tax returns: Income tax returns: most Form 1040 and 1120 series returns, Forms 1041, 1065, 1066, 990-T, and 990-PF International information returns (IIRs) assessed a penalty at filing: Forms 5471, 5472, 3520,…

August 24, 2022 -Taxpayers need not do anything to receive this administrative relief. The IRS is automatically removing (abating) failure-to-file penalties for 2019 and 2020 returns. Bottom Line: What Does this Mean for Taxpayers? Taxpayers need not do anything to receive this administrative relief. The IRS is automatically removing (abating) failure-to-file penalties for 2019 and…

August 17, 2022 – Learn more about the different options available to pay your federal taxes. TAS Tax Tip: Paying the IRS Taxes should be paid as you earn or receive income during the year. The IRS offers a variety of ways for you to do so. Some of the ways to pay include:  …

August 15, 2022 – It’s time for a mid-year tax checkup. This quick checkup will help you avoid being surprised with a potentially large tax bill when you file your income tax return. Summertime is the perfect time for a mid-year tax checkup. A tax checkup will help you avoid being surprised with a potentially…

August 11, 2022 – The form of business you operate determines what taxes you must pay and how you pay them. There are four general types of business taxes   TAS Tax Tip: Small business tax highlights The form of business you operate determines what taxes you must pay and how you pay them. There…

August 11, 2022 – In my previous blog post , I discussed the challenges taxpayers face when searching for information on IRS.gov. In this post, I will examine how the visual layout of IRS.gov adds unnecessary complexity and how duplicative, ambiguous, or incorrect content on IRS.gov confuses taxpayers and recommend improving the utility and ease…

August 10, 2022 – Each year the IRS sponsors the Nationwide Tax Forum. The event is a series of tax education sessions for tax professionals.   TAS Tax Tip: 2022 IRS Nationwide Tax Forum will be held virtually Each year the IRS sponsors the Nationwide Tax Forum. The event is a series of tax education sessions for…

In a previous blog post, I discussed how IRS Online Accounts must provide additional functionality and integration with existing tools to meet the needs of taxpayers and tax professionals. Today, I would like to zoom out and look at the larger picture – the usability of IRS.gov. In this two-part series, I will discuss three…

August 4, 2022 – Throughout my tenure as the National Taxpayer Advocate, I have appreciated the ongoing exchange of ideas and information with my IRS colleagues as we work collaboratively to improve the taxpayer experience, including accelerating the payment of tax refunds to taxpayers entitled to receive them. But we don’t always agree on the same…