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IRS reminder: June 17 estimated tax payment deadline fast approaching
IR-2024-161 WASHINGTON — The Internal Revenue Service today reminded taxpayers whose income is not subject to withholding that the second...
Jun 10, 20244 min read


COMMUNITY REINVESTMENT ACT (CRA)
Community Reinvestment Act (CRA), enacted in 1977, is a federal law designed to encourage depository institutions to help meet the credit...
Jun 7, 20241 min read


Hobby or business: What people need to know if they have a side hustle
Tax Tip 2024-55 Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is...
Jun 6, 20242 min read


NOW OFFERING QUICKBOOKS ONLINE!
Today we are excited to share that we have a new opportunity to offer QuickBooks Online, a tool that helps you run your finances! We know...
Jun 3, 20241 min read


IRS makes Direct File a permanent option to file federal tax returns; expanded access for more taxpayers planned for the 2025 filing season
IR-2024-151 WASHINGTON – Following a successful filing season pilot and feedback from a variety of partners, the Internal Revenue Service...
May 31, 20246 min read


Summer activities that could affect people’s tax returns next year
Tax Tip 2024-53 While summer is a time for fun, it’s never the wrong time to thinking about taxes – and some of those summer activities...
May 30, 20242 min read


Year-round tax planning pointers for taxpayers
Tax Tip 2024-52 Here are some simple things taxpayers can do throughout the year to make filing season less stressful. Organize tax...
May 28, 20242 min read


Tax benefits for homeowners
Tax Tip 2024-51 Whether someone is a current homeowner or buying a new home this summer owning a home can be expensive. There are tax...
May 24, 20242 min read


Reminder: Taxpayers must file and pay taxes even if they live abroad
Tax Tip 2024-48 It’s important that U.S. citizens and resident aliens living abroad understand their tax obligations. Their worldwide...
May 21, 20242 min read


Check business tax returns for signs of incorrect Employee Retention Credit claims
Tax Tip 2024-49 Some unscrupulous promoters have misrepresented eligibility rules for the Employee Retention Credit, luring...
May 17, 20242 min read


Home improvements could help taxpayers qualify for home energy credits
IR-2024-137 WASHINGTON – The Internal Revenue Service reminds taxpayers that making certain energy efficient updates to their homes could...
May 17, 20243 min read


Interest rates remain the same for the third quarter of 2024
IR-2024-138 WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter...
May 16, 20241 min read


How to request help with a tax matter from the IRS Independent Office of Appeals
Tax Tip 2024-47 If a taxpayer disagrees with an IRS decision, they can ask the IRS Independent Office of Appeals to review their case....
May 16, 20242 min read


By law, taxpayers have the right to challenge the IRS’ position and be heard
Tax Tip 2024-46 Every taxpayer has fundamental rights when working with the IRS. Collectively their rights are known as the Taxpayer Bill...
May 10, 20242 min read


IRS encourages tax exempt organizations to file their taxes ahead of May 15 deadline
IR-2024-135 WASHINGTON — The Internal Revenue Service encouraged thousands of tax exempt organizations today to file their taxes ahead of...
May 7, 20242 min read


IRS final reminder: Time to claim $1 billion in tax refunds from 2020 expires May 17
IR-2024-133 WASHINGTON ― The Internal Revenue Service today reminded the 1 million people who didn’t file their tax year 2020 returns...
May 7, 20244 min read


IRS recommends safeguarding information in case of natural disasters
IR-2024-129 WASHINGTON — The Internal Revenue Service reminds taxpayers that May kicks off the season of disaster preparation with...
May 2, 20243 min read


What people need to know when starting a business
Tax Tip 2024-41 The IRS knows that understanding and meeting tax obligations is vital to the success of all businesses, especially a new...
May 1, 20242 min read


National Small Business Week: IRS.gov offers one-stop shop for small business tax resources
IR-2024-125 WASHINGTON- The Internal Revenue Service today urged small businesses to take advantage of the many tax resources available...
Apr 30, 20242 min read


What the right to a fair and just tax system means for taxpayers
xc Tax Tip 2024-39 Tax fairness means the tax system is equitable to all citizens. The right to a fair and just tax system is one of 10...
Apr 26, 20242 min read
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