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 … Read More
Monthly Archives: August 2022
Systemic penalty relief is now available for certain tax year 2019 and 2020 returns
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, … Read More
NTA Blog: Good News: The IRS Is Automatically Providing Late Filing Penalty Relief for Both 2019 and 2020 Tax Returns. Taxpayers Do Not Need to Do Anything to Receive this Administrative Relief.
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 … Read More
TAS Tax Tip: Paying the IRS
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 … Read More
TAS Tax Tip: Mid-Year Tax Checkup
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 … Read More
TAS Tax Tip: Small business tax highlights
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 … Read More
NTA Blog: IRS.gov – How Usable Is It? (Part Two)
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, … Read More
TAS Tax Tip: 2022 IRS Nationwide Tax Forum will be held virtually
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 … Read More
NTA Blog: IRS.gov – How Usable Is It? (Part One)
August 9, 2022- 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 aspects of IRS.gov: the search engine, visual layout, and website content and … Read More
NTA Blog: IRS Deputy Commissioners Respond to Taxpayer Advocate Directive on Scanning Technology; National Taxpayer Advocate Appeals Decision to IRS Commissioner
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 … Read More