IRS UPDATE May 2022

Ahead of hurricane season, IRS offers tips on ways to prepare for natural disasters IRS YouTube Videos Preparing for Disasters – English |Spanish | ASL WASHINGTON —The Internal Revenue Service reminded taxpayers today that May includes National Hurricane Preparedness...

IRS UPDATE April 2022

Why it may take longer than 21 days for some taxpayers to receive their federal refund The IRS issues most refunds in fewer than 21 days for taxpayers who file electronically and choose direct deposit. However, some returns have errors or need more review and may take...

IRS UPDATE March 2022

IRS issues FAQs for Tax Year 2021 Earned Income Tax Credit  WASHINGTON — The Internal Revenue Service today issued frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit to educate eligible taxpayers on how to properly claim the credit when they...

IRS UPDATE February 2022

IRS launches resource page on IRS.gov with latest details and information for taxpayers during filing season WASHINGTON –To help taxpayers and tax professionals, the Internal Revenue Service today announced a special new page on IRS.gov to provide the latest details...

IRS UPDATE January 2022

It’s important for taxpayers to know the difference between standard and itemized deductions Taxpayers have two options when completing a tax return, take the standard deduction or itemize their deductions. Most taxpayers use the option that gives them the lowest...

IRS Update December 2021

Get ready for taxes: What’s new and what to consider when  filing in 2022 WASHINGTON – The Internal Revenue Service today encouraged taxpayers to take important actions this month to help them file their federal tax returns in 2022, including special steps...