May 17, 2022 – 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: … Read More
Tax news
TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it?
May 10, 2022 – Do you owe a penalty? Here’s why and what you may be able to do about it. Last Updated: May 10, 2022 TAS Tax Tip: Why do I owe a penalty and interest and what can … Read More
TAS Tax Tip: How to handle a notification of tax-related identity theft
May 3, 2022 – Did you get a notification from IRS or the Social Security Administration (SSA) advising you that you might be a victim of tax-related identity (ID) theft? Did you get a notification from IRS or the Social … Read More
TAS Tax Tip: Tax terms – find the meaning of them by searching our website
April 26, 2022 – The IRS uses many words and terms related to taxes that aren’t always easy to understand. Taxes are complex, and the terms can be also. Title: TAS Tax Tip: Tax terms – find the meaning of … Read More
National Taxpayer Advocate to Testify with IRS Commissioner at Government Operations Subcommittee Hearing
4/20/2022 – On Thursday, April 21 at 10 a.m. Eastern Time, National Taxpayer Advocate Erin M. Collins will testify in front of the U.S. House of Representatives Oversight and Reform Committee, Subcommittee on Government Operations. National Taxpayer Advocate to Testify … Read More
TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option?
April 19, 2022 – Got a tax bill for your federal tax return? We have resources to help you resolve the tax amount owed. Is the amount due on the tax bill accurate? Title: TAS Tax Tip: Need help resolving … Read More
TAS Tax Tip: Filing past due tax returns before the refund statute date expires
File a Claim for Credit or Refund Did you know that in general, you must file a claim for credit or refund of any tax within three years from the time “the return” was filed, or two years from the … Read More
TAS Tax Tip: 2021 Federal individual tax return due dates and filing extension information
Here’s some basic information about individual filing season tax return due date(s), tax payment due date(s) and requesting a filing extension, if needed. Tax Return Filing due dates: April 18, 2022 – For most taxpayers, the tax-filing deadline is April … Read More
TAS Tax Tip: When to check yes or no for the virtual currency question Virtual Currency
Virtual Currency Checkbox Even though the IRS introduced a check box related to virtual currency on Form 1040 individual tax returns a few years ago, taxpayers and tax return preparers may still be confused when this box needs to be … Read More