Tax Blog

“The most challenging year taxpayers and tax professionals have ever experienced.” With that short sentence, National Taxpayer Advocate Erin Collins sums up her assessment of the calendar year 2021 and its effect on the Internal Revenue Service.… Read more about Taxpayer Advocate Highlights 2021 Delays for Processing and Refunds (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

It’s official: The Internal Revenue Service says it will start accepting tax year 2021 returns on January 24, kicking off tax season.… Read more about IRS Announces Start of Filing Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping.… Read more about IRS Wants Taxpayers to Save ACTC and EIP Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Taxpayers who took advantage of some tax-relief measures during the dark days of the COVID-19 pandemic are being reminded that’s it’s now time to pay up.… Read more about Deferred Social Security Payments Due in 2022 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Victims of the New Year wildfires in Colorado now have one less thing to worry about. The Internal Revenue Service has given individual and business taxpayers affected by the disaster until May 16 to… Read more about Tax Relief Coming to Colorado Wildfire Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

No doubt about it: The future for the IRS is electronic. The agency is putting more and more formerly paper-only functions on its electronic platform, speeding up transmission and improving service as a result.… Read more about Form 1024 Revised for Electronic Filing (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…