IRS TAX PAYER ID VERIFY TOOLS!

On November 17th IRS unveiled a new online identity verification process for accessing self-help tools. In our opinion, the IRS ID verify process was way overdue for an upgrade. Successfully verifying their old platform was an act of GOD. Rumor is... this process is much easier... probably because they outsourced...

IRS WILL AUTO RECALCULATE TAXES ON UNEMPLOYMENT

To help taxpayers, the IRS annouced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan. Here is quick summary on the press release: Taxpayer who...

TAX DAY FOR INDIVIDUALS EXTENDED: MAY 17

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. This one-month delay...

2021 E-FILE START DATE: FEBRUARY 12 😲

IRS announces the start of e-File for the 2021 Tax Season will be Friday, February 12th.  Today, the IRS announced the e-file start date for the 2021 tax season, which came as a surprise to many of us since normally IRS starts accepting tax returns no later than the last week...