April 17, 2018
The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...
April 17, 2018
The IRS Direct Pay system stopped functioning on this last day of timely tax filing. Today is the deadline for most Americans to report their income taxes for last calendar year and, if taxes are owed, to pay that debt.
April 17, 2018
April 17... It doesn't quite have the same ring to it as April 15, but this year, the 17th is tax day. (Because the 15th was on a Sunday, and a holiday in Washington D.C. delayed things.)
April 3, 2018
Need a break? After a long tax season serving clients, many CPAs and other tax professionals are seeking a much-needed escape after tax season.
March 19, 2018
These sophisticated schemes, particularly those involving micro-captive insurance shelters, can be peddled by promoters and others to avoid taxes.
February 19, 2018
Waiting on your tax refund? Wondering: “Where’s my refund? (Or) Where’s my income tax refund?” – We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 18, 2018.) First of all, taxpayers who use...…
February 15, 2018
Refund Date Estimation Chart. The IRS started processing most returns on January 29, but will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.
February 13, 2018
You want your income tax refund, and you want it soon. Unfortunately, the IRS is processing millions of tax refunds right now. So how can you find out when you'll get yours? This chart shows you.
February 13, 2018
Waiting on your tax refund? Wondering: "Where's my refund? (Or) Where's my income tax refund?" - We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 16
February 6, 2018
According to the contingency plan that went into effect during the first shutdown, about half the IRS staff – around 35,000 workers -- will be told to stay home. The other half will still punch in.
January 29, 2018
The shutdown of the federal government on January 20 only lasted two days. But another deadline is looming: Uncle Sam will close up shop again on February 8 if Congress doesn’t take further action.
January 24, 2018
If nominated and approved, Rettig faces an uphill battle in turning around the IRS, which has suffered in recent years from a dwindling budget and several black eyes, including the “Tea Party scandal” that unfolded under Koskinen’s watch.