Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from MTS Tax Preparation, Planning, and Financial Literacy
FAQs Updated on Unemployment Compensation, Recovery Rebate Credit
The Internal Revenue Service is updating its Frequently Asked Questions to reflect changes on two fronts important to a lot of taxpayers.… Read more about FAQs Updated on Unemployment Compensation, Recovery Rebate Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Announces Start of Filing Season
It’s official: The Internal Revenue Service says it will start accepting tax year 2021 returns on January 24, kicking off tax season.… Read more about IRS Announces Start of Filing Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Issues Reminder for Estimated Tax Payment Deadline
A reminder from the Internal Revenue Service might be called a taxpayer’s best last chance. Those taxpayers who found they may have failed to hold out enough from their income to cover their federal income taxes still have one more shot at avoiding a big surprise tax bill and escaping a possible penalty.… Read more about IRS Issues Reminder for Estimated Tax Payment Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Form 1024 Revised for Electronic Filing
No doubt about it: The future for the IRS is electronic.
The agency is putting more and more formerly paper-only functions on its electronic platform, speeding up transmission and improving service as a result.… Read more about Form 1024 Revised for Electronic Filing (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Tax Relief Coming to Colorado Wildfire Victims
Victims of the New Year wildfires in Colorado now have one less thing to worry about. The Internal Revenue Service has given individual and business taxpayers affected by the disaster until May 16 to… Read more about Tax Relief Coming to Colorado Wildfire Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Wants Taxpayers to Save ACTC and EIP Letters
If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping.… Read more about IRS Wants Taxpayers to Save ACTC and EIP Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…