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Tag: Virtual Tax Pro

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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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