IRS Update May 2019

Tax tips for taxpayers to consider when selling their home The IRS has some good news for taxpayers who are selling their home. When filing their taxes, they may qualify to exclude all or part of any gain from the sale from their income. Here are some things that...

IRS Update April 2019

IRS.gov: Best place to get last-minute tax tips and resources WASHINGTON – With just days remaining before the federal tax-filing deadline, the Internal Revenue Service reminds taxpayers they have a variety of options to get help preparing and filing their tax returns...

IRS Update March 2019

Business taxpayers should take another look at their estimated tax payments Taxpayers who pay quarterly estimated tax payments may want to revisit the amount they pay. The Tax Cuts and Jobs Act changed the way most taxpayers calculate their tax. These taxpayers...

IRS Update February 2019

Avoid the rush: Today marks busiest phone day of the year; check IRS.gov for answers to tax questions WASHINGTON — The Internal Revenue Service alerted taxpayers that today, the day after Presidents Day, marks the busiest period for calls to its toll-free help line....

IRS Update January 2019

IRS confirms tax filing season to begin January 28 WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed...

IRS Update December 2018

IRS issues standard mileage rates for 2019 WASHINGTON — The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning...