One of the most frequent questions the IRS gets every year is, "Are my Social Security benefits taxable?" The IRS website has a tool called the Interactive Tax Assistant that can help you answer this question. To use it, visit IRS.gov/ita. Scroll down and click on "Are My Social Security or Railroad Retirement Tier 1 Benefits [...]
American taxpayers age 65 and older may be eligible to claim an additional $6,000 tax deduction per person. Learn more at IRS.gov/OBBB.
Got audited and don't agree with the results? You might qualify for an Audit Reconsideration. You can apply if: you still owe money. the IRS disallowed your credits. you have new documents. the IRS made an error. If you qualify, take the following steps: Step 1: Review your audit report using Form 4549, Report of Income [...]
Click here or above to watch the video. Want a faster refund? The best and fastest way to get your tax refund is by using direct deposit. Not only that, but under Executive Order 14247, the IRS is phasing out paper checks and direct deposit is becoming the primary method for issuing tax refunds. With direct [...]
Looking for tax help this time of year? Avoid waiting on the line when trying to call the IRS, or waiting for a callback from your CPA. You can go directly to IRS.gov to find all the answers you need!
