Have you ever wondered how long the IRS has to question and assess additional tax on your tax returns?

Although most American taxpayers (74% in 2020) receive a refund each year when they file their income tax returns, some end up owing for...

If you are required to pay quarterly estimated income tax, an upcoming change in interest rates being imposed by the IRS may directly...

If you are engaged in an activity that produces income, the big tax question is whether that activity is a hobby or a business. The tax.....

These days the tax return is used for more than just collecting taxes. It has also become a tool for the government to provide social...

While it's usually true that the "rich get richer," a proposed tax code will prove a remarkable exception if the House has its way.

Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS. But, there are no requirements associated with obtaining

Now that most tax refunds are deposited directly into taxpayers' bank accounts, the dream of opening your mailbox and finding an IRS refund

You are not alone. We have been hearing from clients who are still waiting on refunds from returns filed early in the year. Unless there is

The IRS has begun issuing notice CP508C to taxpayers with “seriously delinquent” tax debt and the service has resumed its program of notifyi

When President Joseph R. Biden announced his $1.8 trillion American Families Plan to a joint session of Congress, most of the attention went

Generally speaking, tax return mistakes are a lot more common than you probably realize. Taxes have grown complicated and COVID tax relief h

The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end ends up owing?

Here are five things that happened this past month that affect your small business.

If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer

Just a reminder to those who have not yet filed their 2020 federal tax return that thanks to the IRS extending the filing due date, May 17,

If your 2020 federal return has already been filed and you are due a refund, you can check the status of your refund online. Note: if you cl

The IRS announced on March 31, that it will take steps to automatically refund money this spring and summer to people who filed their tax re

April 2021 Tax Due Dates