Tag Archive for: internal revenue services
Over 60 Million Tax Returns Could Be Completed Automatically, Study Shows
The IRS may have the ability to automate nearly half of tax returns, according to a paper from the National Bureau of Economic Research. The findings show the agency could correctly auto-fill an estimated 62 million to 73 million returns with information it already has, covering 41% to 48% of taxpayers. CLICK ON THE HEADLINE FOR MORE
Four Reasons To Get Tax Help This Year
As a general rule, it's a good idea to outsource tax preparation if your taxes are complicated. But even if you're a salaried worker with little to no outside income, it could still pay to hire someone if doing so gives you peace of mind. CLICK ON THE HEADLINE FOR MORE
Protect Your Tax Refund From Scammers
Impersonation communication and fake tax preparers — scammers are after your money this tax season. For tips to safeguard your refund, CLICK ON THE HEADLINE
Advance Child Tax Credit Payments Are Done, But You Might Still Be Owed More: Here’s How To Find Out
With no deal to extend these temporary advance tax credit payments into 2022, American parents have likely received their last monthly Child Tax Credit payment. But there still may be money to claim this tax season. For everything you need to know about reporting your advance payments and how to claim the rest of the Child Tax Credit, CLICK ON THE HEADLINE
Stimulus Update: If You Received This Letter, The IRS Wants Money Back
According to the IRS, some of you may be asking for money that the agency doesn't think you should have. ...and it's fixing your tax return for you. CLICK ON THE HEADLINE FOR MORE
What to Know About IRS Unemployment Refunds
With federal enhanced unemployment benefits soon running out, you may soon have some unanticipated money heading directly to your bank account or mailbox. No, not a fourth stimulus check, but a tax refund on 2020 unemployment benefits. FOR A BREAKDOWN ON EVERYTHING, CLICK ON THE HEADLINE