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
Accounting
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
Avoid Tax Return Errors & Refund Delays
TAS has launched a nationwide Pre-Filing Season Awareness outreach campaign to help millions of taxpayers who self-prepare federal tax returns to avoid common return processing issues that cause refund delays. Title: TAS Tax Tip: Avoid Tax Return Errors & Refund … Read More
National Taxpayer Advocate Celebrates the 50th Anniversary of the Earned Income Tax Credit
Celebrating 50 Years of the Earned Income Tax Credit Tax year (TY) 2025 marks the 50th anniversary of the Earned Income Tax Credit (EITC). The Tax Reduction Act of 1975 introduced the EITC as a modest tax break to provide … Read More
Get an IP PIN to protect yourself from tax-related identity theft
TAS is pleased to share the news that the IRS has now opened up enrollment in the Identity Protection PIN (IP PIN) program to anyone who has a Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN) Get an Identity … Read More
Senate Finance Committee Chairman Crapo and Ranking Member Wyden Release Discussion Draft of “Taxpayer Assistance and Service Act”
Earlier today, Senator Mike Crapo, chairman of the Senate Finance Committee, and Senator Ron Wyden, the committee’s ranking member, jointly released a discussion draft of a broad and sweeping bill titled the Taxpayer Assistance and Service, or “TAS,” Act. The … Read More
Identity Theft Awareness and Update on IRS Processing of Identity Theft Victim Assistance Cases
Identity theft is a constant threat that can happen to anyone. As the saying goes: an ounce of prevention is worth a pound of cure. With the annual filing season beginning this week, it is a good time to highlight … Read More