IRS Issues Standard Mileage Rates for 2021

The Internal Revenue Service has issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56 cents per mile [...]

Tax Return Errors-Tips to Avoid Them

This video was published by the IRS. Did you know that if there are mistakes on your tax return, it can take longer to get your refund? Worse yet, you may owe additional tax. Many common errors can be avoided by going slowly as you walk through each step of preparing a tax return. One example [...]

New Things Taxpayers Should Consider as They Get Ready to File Taxes in 2021

This article was published by the IRS. When people get ready to file their federal tax return, there are new things to consider when it comes to which credits to claim and what deductions to take. These things can affect the size of any refund the taxpayer may receive. Here are some new key things people [...]

Get an Identity Protection PIN

The following video was published by the IRS. Worried about an identity thief filing a tax return in your name? The IRS can help protect you. It's called the IRS Identity Protection Pin, or IP PIN opt-in program. The IP PIN is a six-digit number known only to you and the IRS. An IP PIN helps [...]

Identity Protection PIN Program Will Soon Be Available to Taxpayers Nationwide

This article was published by the IRS. In January, the IRS Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identity. An Identity Protection PIN is a six-digit number assigned to eligible taxpayers to help prevent their Social Security number from being used to file fraudulent federal income tax [...]

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