IRS eyes increased security, suspends automated notices amid growing backlog

The IRS has backed away from a plan to use facial recognition technology as part of its online verification process for taxpayers, but the agency is continuing to take steps to increase security for those who need to access their IRS accounts. Privacy advocates, elected officials and others voiced concerns that the plans would require […]

Patience is in order if awaiting tax refund this year

If you are expecting a tax refund this year, you may have to wait a bit longer than usual. Between staff shortages, a backlog of returns from the 2020 filing season, processing Recovery Rebate Credits, validating income for the Earned Income Tax Credit and Additional Child Tax Credit – not to mention applying changes in […]

Are you withholding enough? Now is a good time to check

Due to the massive changes in the Tax Cuts and Jobs Act, the 2019 filing season resulted in a few surprises. Some filers who have gotten a refund in past years wound up owing money. The IRS reports that the number of refunds paid this year is down from last year — and the average […]

Three questions you may have after your tax return is filed

Tax season is now officially over, but once your 2018 tax return has been successfully filed with the IRS, you may still have some questions. Here are brief answers to three questions that we’re frequently asked at this time of year. Question #1: What tax records can I throw away now? This is a good […]

Taxes are filed, now where is your refund?

Have you filed your taxes this year but still not received your refund? The best resource to check the status is through “Where’s My Refund” on the IRS website. Using this online tool, taxpayers can check on the status of their return within 24 hours after the IRS receives an e-filed return or four weeks […]

Tax season begins soon, tax refunds to be issued as normal

‘Tis the season – to file taxes. January 28 is the official start to tax filing season when the IRS will begin processing tax returns for 2018. The IRS also announced that it will pay tax refunds as scheduled even in light of the partial shutdown of the federal government. According the IRS, the agency […]

Beware of these ‘Dirty Dozen’ tax scams

As tax season is heating up, so are the scams. The Internal Revenue Service has rolled out its annual “Dirty Dozen” list of tax scams for the 2018 filing season. Many of the scams are perennial, showing up year after year, while others have a new twist on an old con. One such example is […]

Updated Form W-4 and withholding calculator now available

The new version of Form W-4 and an updated withholding calculator to reflect the recent tax law are now available. The Tax Cuts and Jobs Act, which was signed into law in December, made major tax law changes for individuals, including changing tax rates and tax brackets. The IRS issued in January new withholding tables […]