What Taxpayers Need to Know about Making 2022 Estimated Tax Payments

This article was published by the IRS. By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year through withholding, estimated or additional tax payments or a combination of the two. If they don't, they may owe an estimated tax penalty when they [...]

IRS Increases Mileage Rate for Remainder of 2022

This article was published by the IRS. The Internal Revenue Service has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final 6 months [...]

IRS Authenticated Collection Voice Bot

The IRS began using English and Spanish voice bots on some of its toll-free help lines in January 2022. Since then, IRS is continuing to add voice bots to additional toll-free lines while also expanding what these voice bots can do to help taxpayers. The newest feature available for those who are eligible is to use [...]

IRS Appeals

The IRS Independent Office of Appeals is a separate organization within the IRS. Did you know that you have the right to dispute most IRS decisions like penalties, liens, or increases in how much you owe? In most cases, you can request an appeal if you disagree with an IRS decision. The Appeals office will hear [...]

Wedding Planning Checklist: Cake, Rings, Flowers … Tax Forms?

This article was published by the IRS. The summer wedding season is fast approaching. Wedding planning is often overwhelming, but figuring out how marriage will affect a couple's tax situation doesn't have to be. Here are a few things couples should think about as they prepare for the big day. Name and address changes People who [...]

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