Income taxes are a pay-as-you-go system. That means you pay your taxes as you earn income during the year. Either your employer withholds taxes from your pay, or you pay quarterly estimated taxes on your own. If you have income that’s not subject to withholding, you may need to make quarterly payments. This includes income such [...]
The IRS is urging people to beware of ads that promise big money by claiming the employee retention tax credit. This is a real credit that helps businesses that were affected by the pandemic, but scammers are telling people they qualify when they don't. The scammer takes a fee and your personal information. If you're not [...]
This Memorial Day, we honor the lives and memory of those who paid the ultimate sacrifice to preserve our freedoms. Thank you from the bottom of our hearts!
Did you miss a credit or deduction, or need to correct something else on your tax return for this year or past years? If so, you can file an amended tax return. Here are five things you need to know about amending a tax return: First, be sure to identify the year of the return you're [...]
Wish there were a faster way to resolve your appeal? The Independent Office of Appeals now has an easier method of communicating with taxpayers—IRS Secure Messaging. With this service, you (and/or your authorized representative) will be able to send and receive messages and digital documents related to your appeal quickly and easily. Once invited by an [...]
