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Tag: Tax preparation

HomeTax preparation

Companies who promise to eliminate tax debt sometimes leave taxpayers high and dry

July 8, 2022

As the old saying goes: When something sounds too good to be true, it probably is. Taxpayers with outstanding tax bills might be tempted...

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Wedding planning checklist: cake, rings, flowers … tax forms?

June 28, 2022

The summer wedding season is fast approaching. Wedding planning is often overwhelming but figuring out how marriage will affect a couple’s tax situation doesn’t...

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Some tax considerations for people who are separating or divorcing

June 16, 2022

When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation. The IRS considers a...

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What taxpayers need to know about making 2022 estimated tax payments

June 13, 2022

By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year...

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Why it may take longer than 21 days for some taxpayers to receive their federal refund

April 12, 2022

The IRS issues most refunds in fewer than 21 days for taxpayers who file electronically and choose direct deposit. However, some returns have errors...

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What people should do if their third-round Economic Impact Payments are missing or incorrect

April 12, 2022

In 2021, the IRS issued more than 175 million third-round Economic Impact Payments, totaling over $400 billion. Most eligible people already received the full...

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What taxpayers should do if they get an identity theft letter from the IRS

April 12, 2022

When a thief steals someone’s Social Security number, they can use it to file a fraudulent tax return. This is tax-related identity theft. The...

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There are lots of things in life that are just better to avoid

March 31, 2022

There are lots of things in life that are just better to avoid. Unfortunately, your tax returns are not one of them. That’s why...

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Easy steps to avoid tax return errors that can delay processing or adjust refunds

March 27, 2022

WASHINGTON — The Internal Revenue Service today reminded taxpayers how to avoid common errors on their tax returns. This filing season, the IRS is...

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Electronic tax payment and agreement options available to taxpayers who owe

March 27, 2022

WASHINGTON ― The Internal Revenue Service today reminded taxpayers who have a tax bill that there are several ways to make payments, and there...

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