by Wilcox Tax & Accounting Services | Jan 14, 2022 | Tax News
The Internal Revenue Service says it has updated the online frequently asked questions (FAQs) for the 2021 Child Tax Credit and the Advance Child Tax Credit.… Read more about FAQs Updated for Child Tax Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Wilcox Tax & Accounting Services | Jan 13, 2022 | Tax News
“The most challenging year taxpayers and tax professionals have ever experienced.” With that short sentence, National Taxpayer Advocate Erin Collins sums up her assessment of the calendar year 2021 and its effect on the Internal Revenue Service.… Read more about Taxpayer Advocate Highlights 2021 Delays for Processing and Refunds (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Wilcox Tax & Accounting Services | Jan 12, 2022 | Tax News
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…
by Wilcox Tax & Accounting Services | Jan 11, 2022 | Tax News
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…
by Wilcox Tax & Accounting Services | Jan 8, 2022 | Tax News
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…
by Wilcox Tax & Accounting Services | Jan 6, 2022 | Tax News
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…