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...

Electronic Tax Refunds Taking Longer

Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. Many different factors can affect the timing of a refund after the IRS receives a return. A...