$1.2 Billion in IRS Penalty Relief Refunds Coming for Certain 2019 and 2020 Tax Returns
Reading Time: 2 minutes COVID Tax Tip 2022-139, September 12, 2022 To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020...
Parents Can Boost Their Back-To-School Budget by Claiming Tax Credits and Refunds
Reading Time: 2 minutes Summer is slipping away and another school year is starting. As kids head back to the classroom, parents are ticking items off the school supply list. If they want to boost their back-to-school budgets, parents and guardians should make sure...
Don’t Wait Until October 17 to File a 2021 Tax Return
Reading Time: 2 minutes For people who requested an IRS extension to file, the October 17, 2022, deadline may seem far away, but it’s coming up fast. Taxpayers who haven’t filed, whether they requested an extension or not, should file a complete and...
The IRS Is Refunding $1.2 Billion in Penalties Next Month
Reading Time: 3 minutes WASHINGTON ̶ To help struggling taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service today issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The...
2021 Tax Extension Filers, Don’t Overlook These Important Tax Benefits
Reading Time: 3 minutes WASHINGTON — The Internal Revenue Service reminds taxpayers who’ve yet to file their 2021 federal income tax return to make sure they take advantage of the deductions and credits for which they’re entitled and to file electronically as soon as...
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