Preparing and filing tax returns can cause anxiety and confusion, but resources are available to help you timely and accurately meet your filing requirements. Free filing and assistance are available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling … Read More
Monthly Archives: February 2025
Be Careful About Listening to Tax Advice on Social Media
Reducing your tax liability may be tempting; however, many social media schemes are illegal and can lead to serious consequences. TAS Tax Tip: Use Caution When Using Tax Advice or Tax Preparers Found on Social Media Have you seen some … Read More
Identity Verification and Your Tax Return
Identity theft issues impact millions of taxpayers each year, resulting in considerable delays and taxpayer burden. In the 2023 Annual Report to Congress, National Taxpayer Advocate Erin M. Collins discussed how each year, the IRS flags millions of returns for … Read More
Free File, Free File Fillable Forms, and Direct File
Filing electronically is the safest, fastest, and most accurate way to file your tax return. If you choose to prepare and file your own tax return, depending on your circumstances, the IRS may offer you three ways to electronically file … Read More
What to Know if You’ve Been Affected by a Federally Declared Disaster
Each year, disasters affect hundreds of thousands of people and businesses. These disasters can upend every aspect of an affected individual’s life, including damage to, or destruction of, their home, business, and critical documents. To assist taxpayers, the president may … Read More
Making Estimated Payments
If you receive a substantial amount of non-wage income like self-employment income, investment income, taxable Social Security benefits, or pension and annuity income, you should make quarterly estimated (ES) tax payments. Log in to your online account to make a payment online or … Read More
Is This the Year You Finally Get a Form 1099-K?
This filing season, many taxpayers will — for the first time ever — receive a Form 1099-K, Payment Card and Third Party Network Transactions. The IRS now requires certain payment apps and online marketplaces to send you this form if … Read More
Employer-Provided Childcare Credit
If you are an employer who provides childcare services to your employees, you might be eligible for the Employer-Provided Childcare Credit. The credit is an incentive for taxpayers to provide childcare services to their employees. To be eligible for the … Read More
Choosing the right tax return preparer for you
Need help filing your federal tax return, but aren’t sure where to start to find a tax preparer? Start with these three easy steps: Watch our Tips for Choosing a Tax Preparer video. Visit our Choosing a Tax Return Preparer … Read More