Direct File Officially Opens In 12 States

12 Pilot States With Positive Reviews The IRS announced the full-scale launch of the innovative Direct File pilot and encouraged eligible taxpayers in 12 states to try the new service to file their tax returns online for free directly with the IRS. The pilot effort...

Claim $1.5 Billion In IRS Refunds

Time’s Running Out – July 17th Deadline The Internal Revenue Service announced that nearly 1.5 million people across the nation have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. The IRS estimates almost $1.5...

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...

$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...

“Dirty Dozen” Tax Scams

The Internal Revenue Service began its “Dirty Dozen” list for 2021 with a warning for taxpayers, tax professionals and financial institutions to be on the lookout for these 12 nefarious schemes and scams. This year’s “Dirty Dozen” will be...