When you look at your income for the year, you may find that you made some money from one of your pastimes. But how do you know if that pursuit is just a hobby, or if it’s turned into an … Read More
Author Archives: Toshia Hansen
Resolving a Tax Bill
TAS Tax Tip: Resolving a tax bill Got a tax bill for your federal tax return? One of the best tools you can use to manage your tax account is an . When you establish your online account, you … Read More
Adjust Your Withholding to Ensure There’s No Surprises on Tax Day
It is a good practice for everyone to do a paycheck check-up every year. Checking your tax withholding amounts can ensure that you aren’t paying too much or too little in federal income tax. Last Updated: May 16, 2022 TAS … Read More
Taxpayer Advocate Service Celebrates 50 Years of the Earned Income Tax Credit
This year’s report focuses on the taxpayer impact of processing delays. Title: National Taxpayer Advocate delivers 2023 Annual Report to Congress National Taxpayer Advocate Erin M. Collins today released her 2023 Annual Report to Congress, describing 2023 as a year … Read More
Happy Holidays from the Taxpayer Advocate Service!
Season’s greetings from everyone at the Taxpayer Advocate Service (TAS)! ’Twas the night before tax season, and all through the land, tax professionals were working, each with pen in hand. The forms were all sorted with numbers just right, who … Read More
What to do if you receive an Employee Retention Credit recapture letter
What to do if you receive an Employee Retention Credit recapture letter Background As part of its ongoing Employee Retention Credit compliance work, the IRS announced on August 15, 2024, that they will be sending up to 30,000 Employee … Read More
25 Years of Making a Difference: Celebrate and Join the LITC Movement!
NTA Blog: 25 Years of Making a Difference: Celebrate and Join the LITC Movement! This year, we are celebrating the 25th anniversary of the Low Income Taxpayer Clinic (LITC) grant program. Since 1999, LITCs have been changing lives, leveling the … Read More
National Taxpayer Advocate Erin M. Collins Shines as One of Accounting’s Most Influential People in 2024
For the third consecutive year, Erin M. Collins, the National Taxpayer Advocate, has been recognized by Accounting Today as one of the 100 Most Influential People shaping the future of the accounting profession. This prestigious list honors trailblazing leaders who … Read More
The Taxpayer Advocate Service’s Laguna Niguel office moves to Lake Forest, CA
TAS Website Article – Proposed publishing date, Monday, December 9 The Taxpayer Advocate Service’s Laguna Niguel Office Moves to a New Location On December 9, the Laguna Niguel, California, Taxpayer Advocate Service (TAS) office moved to a new location … Read More
Taxpayers Need to Beware of These Popular Scams
If it sounds too good to be true, then it probably is. Unscrupulous promoters are aggressively advertising on social media telling taxpayers that they are entitled to free money from the IRS. The IRS has received thousands of claims where … Read More