Taxpayers Can Avoid IRS Penalties

Using electronic payment and agreement options for taxpayers who owe can help avoid penalties and interest With the tax deadline approaching, the IRS reminded taxpayers they can avoid late filing and interest penalties by submitting their tax return and any payments...

January 23, 2023 Is The Opening Date For Tax Season

The IRS announced that January 23, 2023, will be the beginning of the nation’s 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast...

Disaster Relief For Ian Victims In Carolinas

October 17 Tax Deadline Hurricane Ian victims throughout both North Carolina and South Carolina now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. This is...

$1.2 Billion In Tax Penalties Being Refunded

TAX PENALTIES To help struggling taxpayers affected by the COVID-19 pandemic, the IRS issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those...

IRS Has A Five Year Strategic Plan

If you ever have to remind the Irs of their five-year strategic plan, here is what that is. The new five-year Strategic Plan outlines its goals to improve taxpayer service and tax administration. The IRS Strategic Plan FY2022-2026 will serve as a roadmap to help guide...

IRS Dirty Dozen Is Back

Scammers use every trick in their communication arsenal to steal your identity, personal financial information, money, and more. Suspicious communications in all its forms designed to either trick, surprise or scare someone into responding before thinking is No. 7 on...