Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from MTS Tax Preparation, Planning, and Financial Literacy
IRS Announces Suspension of Some Letters
The Internal Revenue Service has come to the conclusion that the agency has more on its to-do list than it can get done at one time. Something, they found, had to be “put on the back burner.”… Read more about IRS Announces Suspension of Some Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Reminds Taxpayers that Tips are Taxable Income
Workers have returned to the service industry lately—in droves. With the threat of coronavirus subsiding in many locations, restaurants and other establishments have sprung back to life.… Read more about IRS Reminds Taxpayers that Tips are Taxable Income (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Tax Scams Not Just for Filing Season
It’s a new year and a new filing season. That means the Internal Revenue Service is hard at work fighting some long-running scams aimed at tricking taxpayers out of their hard-earned money.… Read more about Tax Scams Not Just for Filing Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Encourages Non-Filers to File for ARP Benefits
The Internal Revenue Service wants to see a 2021 income tax return from all Americans—including those who haven’t filed in years. The reason is recent legislation—including the American Rescue Plan and other new laws—has put some significant tax benefits in play for those who qualify.… Read more about IRS Encourages Non-Filers to File for ARP Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Privacy Concerns Lead IRS to Drop Facial Recognition
Protecting taxpayer data from scammers and preventing identity theft tax refund fraud has long been a chief concern for the Internal Revenue Service, and pursuing this mission lead the agency to form the Security Summit.… Read more about Privacy Concerns Lead IRS to Drop Facial Recognition (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Tax Filing Tips from the IRS
The wait is over; the filing season for 2021 income tax returns has been opened by the IRS. But before taxpayers start sharpening pencils, cranking up the calculator and putting on a pot of coffee, they need to know they’ve got everything together to get the job done right.… Read more about Tax Filing Tips from the IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
