IRS Tax Updates In case you missed it, the IRS issued a statement on January 27, 2022 which discusses ‘ongoing efforts during the pandemic’ and outlines how it will be ‘implementing additional ways to help avoid confusion and provide important, … Read More
Tax news
TAS Tax Tip: Caution: Married filing joint taxpayers need to combine Advance Child Tax Credit payment totals from IRS letters when filing
Advance Child Tax Credit (CTC) A word of caution to all married parents filing a joint return for tax year 2021 who received advance Child Tax Credit (CTC) payments in 2021: you must combine the total amounts shown in box … Read More
TAS Tax Tip: 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
TAS Tax Tip: Verifying your identity to access certain IRS systems
IRS Secure Access Digital Identity (SADI) IRS has updated how users sign in and verify their identity for certain IRS online services, with a mobile-friendly platform that relies on trusted third parties for authentication of identity and provides an improved … Read More
TAS Tax Tip: Federal tax filing information and tips to help you avoid common errors
2022 Tax Filing Resources The IRS will officially open the 2022 filing season for filing 2021 tax returns on January 24, 2022. ALERT: if you submit your tax return prior to this date, it will be held until the filing … Read More
National Taxpayer Advocate delivers Annual Report to Congress; focuses on taxpayer impact of processing and refund delays
National Taxpayer Advocate Erin M. Collins today released her 2021 Annual Report to Congress, calling calendar year 2021 “the most challenging year taxpayers and tax professionals have ever experienced.” The report says tens of millions of taxpayers experienced delays in … Read More
TAS Tax Tip: Understanding your Collection Statute Expiration Date (CSED) and the time the IRS can collect taxes
TAS Tax Tips: Understanding your Collection Statute Expiration Date (CSED) and the time the IRS can collect taxes The Collection Statute Expiration Date (CSED) marks the end of the collection period, the time period established by law … Read More
TAS Tax Tip: Hurricane Ida Tax Relief Extended to Feb. 15, 2022
The IRS announced on December 22, 2021 that taxpayers in six states affected by Hurricane Ida will now have until February 15, 2022 to file various individual and business tax returns and make tax payments. The updated relief covers the … Read More
TAS Tax Tip: Get ready to reconcile Child Tax and Recovery Rebate credits
Advance Child Tax Credit Payments The IRS issued a ‘Get ready for taxes’ message to help you prepare for filing your tax return this year. It includes information on how to get banked now (so you can receive a direct … Read More
TAS Tax Tip: Stop! and go to one of our pre-filing season events before you file your tax return
Pre-Filing Season Events If you file your own federal tax return, be cautious and go to one of the Taxpayer Advocate Service’s (TAS) free pre-filing season events, being held in January, before you prepare your return. We’ll explain what items … Read More