IRS UPDATE February 2023

This IRS online tool simplifies estimating 2023 tax withholding A few minutes spent reviewing income tax withholding early in the year helps set a taxpayer up for success all year long. The Tax Withholding Estimator on IRS.gov makes it easy to figure out how much to...

IRS UPDATE January 2023

The deadline for the final 2022 estimated tax payment is January 17 Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes. Anyone who paid too little tax in 2022 needs to make a fourth quarter payment on or before Jan. 17...

IRS UPDATE December 2022

Reviewing tax credits and deductions now helps set taxpayers up for success at tax time Most people probably only think about tax credits and deductions when they’re completing their tax return. However, a little early planning can make for a smoother filing process....

IRS UPDATE November 2022

Tax resources and information for U.S. service members and veterans As the nation prepares to celebrate Veteran’s Day, the IRS reminds members of the military, veterans and their families that the agency offers a variety tax resources specifically for them. These...

IRS UPDATE October 2022

Taxpayers should stay on top of taxes all year to avoid a surprise tax bill The next tax season seems far away, but this is actually the perfect time for taxpayers to review their withholding and estimated tax payments. Because federal taxes are pay-as-you-go, it’s...

IRS UPDATE September 2022

Got a letter or notice from the IRS? Here are the next steps When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail...