Click here or above to watch the IRS video. The IRS is phasing out paper tax refund checks. Direct deposit is the safest and quickest way to receive your refund. It also: defends against fraud and improper payments. increases efficiency reduces cost enhances security Paper checks are more likely to be lost, stolen, altered, or delayed. [...]
This article was published by the IRS. The Internal Revenue Service encourages taxpayers to use online tools and take a few simple steps to prepare for claiming new and expanded tax benefits under the One, Big, Beautiful Bill. Families planning to claim the Child Tax Credit, the Adoption Credit, or pay for educational expenses should review [...]
This IRS video course discusses 501(c)(3) eligibility, the benefits of exemption, the typical life cycle of a public charity, and how to apply and filing requirements while waiting for a determination letter. Ensure that your organization is eligible for tax exemption before applying. Organizations may operate as a tax-exempt organization while waiting on approval. Donors have [...]
This article was published by the IRS. The Internal Revenue Service, working with the U.S. Department of the Treasury, has announced that paper tax refund checks for individual taxpayers are being phased out beginning Sept. 30, 2025, as required by Executive Order 14247, to the extent permitted by law. This marks the first step of the [...]
This article was published by the IRS. The Department of the Treasury and the Internal Revenue Service have issued Notice 2026-05 providing guidance on new tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. These changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through [...]
