In a significant move towards embracing digital transformation, the Internal Revenue Service (IRS) has recently announced its plans to expand access to business tax accounts and introduce new features aimed at simplifying and streamlining the tax filing process for businesses of all sizes. This initiative marks a pivotal moment in the IRS's commitment to modernization and responsiveness to the evolving... read more »
If you have wanted to give more to charity, you are not alone. With so much going on worldwide (the pandemic, inflation, the Ukraine war and other humanitarian crisis), more and more people want to help. Now more than ever, people are continually approached with donation requests via direct mail, emails, phone calls, crowdfunding sites, and other online giving platforms.... read more »
July is already here, and so is the highly anticipated IRS advance on child tax credits that you normally get after filing your tax return. Keep an eye out for a letter from the Internal Revenue Service (IRS). It will be good news for you if you qualify for the new child tax credit payments, allowing you to receive these... read more »
Did you know that the Treasury Department and Internal Revenue Service extended the federal income tax filing due date for people filing for the 2020 tax year from April 15, 2021, to May 17, 2021? That's because the IRS wants to help you file your taxes while you are figuring out the pandemic uncertainties. Just remember that filing electronically using... read more »
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