IR-2022-08: 2022 Tax Filing Season Begins Jan. 24

IR-2022-08: 1/10/22 E-file Start Date Announced WASHINGTON − The Internal Revenue Service announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January 24 start...
NEW: IRS Tax Payer ID Verify Tools!

NEW: IRS Tax Payer ID Verify Tools!

IRS unveils new online identity verification process for accessing self-help tools The IRS ID Verify process was way over due for an upgrade. Successfully verifying on their old platform was an act of God. Rumor is this process is much easier… probably because...
E-FILE SHUTDOWN DATE – 11/20/2021

E-FILE SHUTDOWN DATE – 11/20/2021

IRS QUICK ALERT: CUTOVER 1040 MODERNIZED E-FILE (MEF) PRODUCTION SHUTDOWN AND CUTOVER The IRS announced that E-file will “shutdown” will begin on Saturday, November 20, 2021, at 11:59 p.m. Eastern time, in order to prepare the system for the upcoming Tax Year 2021...
Economic Impact Payments – Debit Cards

Economic Impact Payments – Debit Cards

IRS COVID Tax Tip 2021-02, January 14, 2021   Millions of taxpayers will receive their second Economic Impact Payments by Debit Card Quick Summary: The Treasury Department and the IRS are issuing millions of second Economic Impact Payments by prepaid debit card...
Cares Act – Potential Impacts on Clients 2020 Taxes?

Cares Act – Potential Impacts on Clients 2020 Taxes?

The Coronavirus Aid, Relief, and Economic Security (CARES) Act may impact many American’s 2020 taxes. You might be asking, specifically, what are and who is affected? Well, those are the questions this article will address. 2020 Retirement Plan Distributions  One of...