IRS Gives Break to Taxpayers Whose Checks Caught in Backlog of Unopened Mail August 25, 2020 Share As IRS offices were closed during the COVID-19 pandemic, a backlog of millions of unopened mail pieces collected in trailers set up outside IRS... Read More
IRS Issuing Refunds Later Than Usual August 13, 2020 Share For taxpayers receiving a refund for the 2019 tax year, many are noticing that the check or direct-deposited funds they are expecting have not... Read More
Paycheck Checkup and Withholdings May 14, 2020 Share Every year, the IRS advises you to perform a “paycheck checkup” to make sure you are having the right amount of tax withheld from... Read More
Rules to Withholdings and Form W-4 Updates February 14, 2020 Share The proposal was made to reflect the statutory changes in the Tax Cuts and Jobs Act. The new Form W-4 (Employee’s Withholding Certificate) no... Read More
Underpayment of Estimated Tax January 22, 2019 Share The IRS has expressed concern that the updated withholding calculator it released in February 2018 in association with the Tax Cuts and Jobs Act,... Read More
What Do You Do with Tax Information Received After You’ve Filed? August 23, 2018 Share You filed your tax return before the April 15th deadline and you assume you’re all done for the year. After that point, what do... Read More
IRS Drafting New Version of Form 1040 July 11, 2018 Share To go along with the recent tax reform, the IRS is currently drafting a new version of the Form 1040. What exactly is expected... Read More
Calls from the IRS — Real or a Scam? June 20, 2018 Share Many taxpayers have received threatening phone calls from scammers impersonating IRS employees. The frequency of the scam phone calls seems to be increasing. The... Read More
2018 “Dirty Dozen” Tax Scams April 25, 2018 Share The IRS recently released an updated 2018 list of the top 12 ("dirty dozen") scams to watch out for: 1. Falsely padding deductions: The IRS... Read More
Ten Red Flags That Could Result in an Audit March 12, 2018 Share It is a common theme among tax filers to want to reduce their tax bill. However -- it is extremely important that you are... Read More