If you're a business owner or authorized user interested in accessing and managing your IRS business tax information, be sure to create an IRS business tax account. A business tax account allows authorized users of certain types of business or other entities to access and manage their business tax information and offers the ability to make [...]
This article was published by the IRS. There are good surprises and there are bad surprises. Generally, a tax-related surprise is probably unwanted. To avoid tax surprises, people should review their tax withholding. There's still time left in 2024 to make changes and see the benefit on their tax return next year. An adjustment made now [...]
Did you fall for misinformation about the Employee Retention Credit rules? If so, check IRS.gov/ercvdp to see if you can apply for the second ERC Voluntary Disclosure Program. If you qualify, you can get a discount on repaying your improper credit. The program ends Nov. 22, 2024.
This article was published by the IRS. The Taxpayer Advocate Service is an independent organization within the IRS. TAS protects taxpayers' rights by striving to ensure that all taxpayers are treated fairly and know and understand their rights under the Taxpayer Bill of Rights. Here's what all taxpayers should know about their rights and the role [...]
This article was published by the IRS. No matter how much people plan, unexpected events occur. Often, those events result in unplanned expenses. To cover these costs sometimes people, withdraw funds from their retirement savings early. While this may seem like an easy way to get cash quick, early withdrawals can come with heavy penalties, and [...]
