Tax Blog
Tips to help you prepare for tax season
IRS Updates FAQs for 2021 CTC and ACTC
The Internal Revenue Service has once again revised the frequently asked questions (FAQs) for the 2021 Child Tax Credit (CTC) and Advance Child Tax Credit (ACTC). These revisions take into account several changes, including the end of filing season for the 2021 tax year.… Read more about IRS Updates FAQs for 2021 CTC and ACTC (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Shares Info for Tax-Exempt Applications
Organizations seeking tax-exempt status with the Internal Revenue Service should know that there is more to the process than merely signing on the dotted line. The process for being declared tax-exempt under Section 501(c)(3) of the Internal Revenue Code can vary based on the applicant organization’s specific situation.… Read more about IRS Shares Info for Tax-Exempt Applications (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Prior-Year Info Added to Where’s My Refund
The Internal Revenue Service continues to add functionality to its online tools, now putting more muscle behind its Where’s My Refund? feature. Used more than 776 million times in 2021, it is one of the agency’s most popular online offerings—and it can reduce client questions about refund status.… Read more about Prior-Year Info Added to Where’s My Refund (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Releases Reworked Form W-4
A reworked version of Form W-4 has been released by the IRS and the Treasury Department for the 2020 tax year.… Read more about IRS Releases Reworked Form W-4 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS to Self-Employed Taxpayers: Use the Tax Withholding Estimator
According to the IRS, self-employed taxpayers should use the Tax Withholding Estimator when they perform their next “paycheck checkup.”… Read more about IRS to Self-Employed Taxpayers: Use the Tax Withholding Estimator (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
It’s Time to Get Ready for Taxes
In a matter of weeks the 2020 filing season will be underway. To help ensure that taxpayers don’t get caught unprepared, the IRS is recommending everyone to act now to avoid any tax-time surprises and ensure smooth processing of 2019 tax returns.… Read more about It’s Time to Get Ready for Taxes (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…