02/21/2022
I get questions about wills and trusts a lot. Here's a quick, simple breakdown of the basic differences between the two.
Not everyone needs a living trust, but EVERYONE needs a will. It doesn't have to be a complicated or expensive process. You can even get a state-specific and affordable will online.
Learn more about the only company I recommend to help you get this taken care of: https://bit.ly/35LkV5l
02/10/2022
Good!
IRS suspends many of its automated notices
The agency is halting automated collection notices, balance due notices and unfiled tax return notices, after coming under pressure from lawmakers and tax professionals to first catch up on its backlog.
01/13/2022
The I.R.S. is warning of a messy tax season.
The agency, which has been hobbled by paperwork backlogs and short staffing, said tax filers should expect a lower level of service this year.
01/13/2022
Make sure to keep this letter with all your other tax documents.
IRSnews on Twitter
“The IRS is sending letters to families who got advance payments and recipients of the 3rd . These letters can help you or your tax professional prepare your tax return accurately and avoid refund delays. https://t.co/86X3Gjd70V”
08/14/2021
IRSnews on Twitter
“Some families may prefer to unenroll from the advance payments of the 2021 . In the case of married couples who file jointly, each person needs to use the update portal: https://t.co/Qt9TAuwjvv *Thanks Madison for helping us spread the word!*”
03/04/2021
Just in case you were wondering where your refund might me, or the estimated payment you made that never cleared the bank.....
IRS Still Processing 6.7 Million Returns from Last Year, Could Extend Tax Deadline for 2021
The COVID-19 pandemic turned the tax season upside down last year, and even now millions of people are still dealing with the aftermath in 2021. The Internal Revenue Service said in mid-February that it had yet to process 6.7 million individual income...
02/02/2021
The 2021 tax filing season will start on Friday, Feb. 12, to complete the programming of systems needed after recent tax law changes. Details at:
2021 tax filing season begins Feb. 12; IRS outlines steps to speed refunds during pandemic | Internal Revenue Service
IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.
01/29/2021
reminder: Businesses have until Feb. 1 to provide the revised Form 1099-MISC, Miscellaneous Income, and the new Form 1099-NEC, Nonemployee Compensation, to recipients. go.usa.gov/xAycd
IRSnews on Twitter
“ reminder: Businesses have until Feb. 1 to provide the revised Form 1099-MISC, Miscellaneous Income, and the new Form 1099-NEC, Nonemployee Compensation, to recipients. https://t.co/GJKvfcwWR6”
01/28/2021
If you received unemployment compensation during the year, you must include it in gross income on your tax return. See details at http://irs.gov/uc
IRSnews on Twitter
“If you received unemployment compensation during the year, you must include it in gross income on your tax return. See details at https://t.co/lHsbyA2bvu ”
01/28/2021
Do you have one? Be sure to give this info to your trusted tax preparer in order to file your return.
IRSnews on Twitter
“An IP PIN is a 6-digit number that prevents someone else from filing a tax return using your Social Security number. Sign up with at: https://t.co/VKD301xplR”