Tax News
IRS Reopens Registration Period for Economic Impact Payments
The IRS Is Taking New Steps to Ensure People Get Their COVID-19 Payments The Internal Revenue Service (IRS) recently announced that it has established a…
IRS extends upcoming deadlines, provides tax relief for victims of Hurricane Florence
IRS Issue Number IR-2018-187 WASHINGTON — Hurricane Florence victims in parts of North Carolina and elsewhere have until Jan. 31, 2019, to file certain individual…
IRS Fraud Calls
"Hello, This Is the Internal Revenue Service." No, It's Not. Fraudsters stole an estimated $5 million dollars from more than 1,000 victims by impersonating the…
E-File is Now Open: File Your Taxes Early For a Faster Return
The tax season officially begins at the end of January, as the IRS is now accepting e-filed tax returns. It’s common for taxpayers to keep…
Tax Tips for the Affordable Care Act (ACA)
Learn How the New Health Care Law Impacts Your Taxes Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…
Former IRS Official Sought to Hide Information from Congress
On Wednesday, Congressional Republicans claimed that new emails reveal the former Internal Revenue Service (IRS) official, Lois Lerner, was deliberately seeking to conceal information from…
The IRS Adopts a “Taxpayer Bill of Rights”
10 Provisions in Publication 1, 'Your Rights as a Taxpayer' WASHINGTON ? The Internal Revenue Service announced the adoption of a "Taxpayer Bill of Rights" that…
What Is Modified Adjusted Gross Income?
Why adjusted gross income (AGI) is inadequate in your tax calculations for the IRS Modified Adjusted Gross Income (MAGI) can qualify you for a number…
