Tax News
Pilot IRS Direct File Program a Success: Taxpayers Get $90 Million in Refunds
The Internal Revenue Service has just announced on X (formerly Twitter) that it has officially closed down the pilot IRS Direct File program, with over…
The IRS Just Became 1 Billion Dollars Richer
In April, the IRS warned nearly 1 million taxpayers that they may be leaving more than $1 billion on the table because they never filed…
Opinion: The Future of Artificial Intelligence Tax Preparation Is (Not Quite) Here
What happens when computer code meets the U.S. tax code? One of the fastest ways to turn the drudgery of tax filing into a mess…
Potential Self-Employed Taxpayer Penalties in 2024
If Americans pay their estimated taxes late, they could be in line for a shocking bill from the IRS this spring. Last October, the IRS…
Tax Refunds Disappointing Many in Early 2024
Due to the increasing volume of returns being processed, the IRS has cautioned taxpayers that the average refund amount will likely change in the coming…
2022 Tax Season Begins – IRS Urges Taxpayers to File Electronically
Plus IRS Tips for a Smooth Tax Season The IRS has officially announced the start of the tax filing season and released several reminders for…
$1.9 Trillion American Rescue Plan Signed Into Law
What’s Included 3rd Stimulus Bill? $1,400 Stimulus Checks, Extended Unemployment Benefits, and More President Biden signed a new $1.9 trillion COVID relief package on Thursday…
IRS Delays Start Date of Filing Season: February 12, 2021
The 2021 Tax Filing Season Will Begin on Feb. 12 for Filing 2020 Income Tax Returns While the tax filing season usually starts in late…
