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IRS Tax Tip 2020-07, January 23, 2020 When something happens to a taxpayer’s account, that person has the right to be informed about the activity. In fact, this right is one of ten in the Taxpayer Bill of Rights. The Taxpayer Bill of Rights takes the multiple existing rights in the nation’s tax code and groups …
Taxpayer Bill of Rights begins with the right to be informed Read More »
IRS Tax Tip 2020-06, January 22, 2020 Taxpayers who work in the gig economy need to understand how their work affects their taxes. A little pre-planning can help make sure gig economy workers are prepared when it’s time to file their tax return. First things first, here’s a quick overview of the gig economy: The gig economy …
Gig economy work can affect a taxpayer’s bottom line Read More »
IRS Tax Tip 2020-05, January 21, 2020 Active duty military personnel have multiple options for free federal tax preparation. IRS Free File allows taxpayers to prepare and file their federal individual income tax return for free using brand name tax-preparation-and-filing software. While Free File is for individuals or families whose adjusted gross income was $69,000 or less …
Members of the military can take advantage of special offer to file taxes for free Read More »
IRS Tax Tip 2020-04, January 16, 2020 The tax filing season is upon us, and many people will be looking for someone to help them file a tax return. These taxpayers should choose their tax return preparer wisely. This is because it’s ultimately the taxpayer who is responsible for all the information on their income tax return. It’s …
Taxpayers should remember these tips when searching for a tax preparer Read More »
IRS Tax Tip 2020-02, January 14, 2020 When thinking about protecting taxpayer data, there’s one thing tax professionals can first do: look around their office. Tax preparers should look for all places they store data and use a critical eye to assess whether that data is secure. Tax preparers should also remember that unsecured data …
Questions for tax preparers to ask themselves about data security Read More »
IRS Tax Tip 2020-01, January 13, 2020 While many people are required to file a tax return, it’s a good idea for everyone to determine if they should file. Some people with low income are not required to file, but will need to do so if they can get a tax refund. Here are five …
Here are reasons for people to file a 2019 tax return Read More »
IRS Tax Tip 2020-03, January 15, 2020 The Taxpayer Bill of Rights protects all taxpayers working with the IRS. In fact, they lay out the framework to make sure the IRS fairly and impartially carries out tax administration. These rights are explained on IRS.gov and in Publication 1, Your Rights As A Taxpayer. They describe what taxpayers can expect if …