The IRS conducts audits by mail to verify a taxpayer's eligibility for child-based refundable credits, such as the Earned Income Tax Credit. Typically the IRS holds the refund until the audit is complete. For Earned Income Tax Credit audits, you'll usually need to provide documentation verifying your relationship to the children claimed and that they lived [...]
This article was published by the IRS. The Internal Revenue Service is making it easier for taxpayers to protect their information and avoid refund delays by accepting certain e-filed tax returns that claim dependents who have already been claimed on another taxpayer’s return. This change will benefit filers claiming important tax credits like the Earned Income [...]
In case you missed it this past rainy Saturday, here's the video of America's Hometown Thanksgiving Celebration parade. Despite the inclement weather, many still came out to watch. This is one of America's only historically accurate chronological parades, visually bringing the country's rich heritage to life by representing each century from the 17th through the 21st. [...]
This article was published by the IRS. The IRS recently shared five new warning signs of incorrect claims by businesses for the Employee Retention Credit. The new list comes from common issues the IRS has seen while reviewing and processing ERC claims. Aggressive promoters convinced many businesses to claim this pandemic-era credit when they’re not eligible. [...]
IRS Online Account for Individuals is a tool that makes it easier for you to manage your personal federal taxes. Save time by going online instead of calling and waiting on the phone. To get started, go to IRS.gov/account. Once there, click "Sign in to your online account." From there, you can access ID.me, which helps [...]
