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IRS Tax Tip 2021-33, March 11, 2021 Taxpayers who didn’t save a copy of their prior year’s tax return, but now need it, have a few options to get the information. Individuals should generally keep copies of their tax returns and any documents for at least three years after they file. If a taxpayer doesn’t …
Here’s how people can request a copy of their previous tax return Read More »
COVID Tax Tip 2021-32, March 10, 2021 To give people a needed temporary financial boost, the Coronavirus, Aid, Relief and Economic Security Act allowed employers to defer payment of the employer’s share of Social Security tax. IRS Notice 2020-65 PDF allowed employers to defer withholding and payment of the employee’s Social Security taxes on certain wages paid in calendar year 2020. Employers …
What employers need to know about repayment of deferred payroll taxes Read More »
IRS Tax Tip 2021-31, March 9, 2021 The IRS Alternative Media Center offers resources and accessibility services for taxpayers. Tax-related content is available in several formats for use with assistive technology. This includes screen reading software, refreshable Braille displays and screen magnifying software. People can view and download hundreds of tax forms and publications in alternative formats …
IRS provides resources and services for visually impaired taxpayers Read More »
IRS Tax Tip 2021-30, March 8, 2021 Tax season is also busy season for savvy criminals. Scammers impersonating the IRS either over-the-phone, by email or in-person can steal money from people. All taxpayers should stay vigilant against these schemes. Here are some tips to help people recognize and avoid tax-related scams. Email phishing scams The IRS …
COVID Tax Tip 2021-29, March 4, 2021 Every filing season comes with its own set of challenges and 2021 is no different. The IRS wants taxpayers get the information they need as quickly as possible. Taxpayers can keep in mind these tips when they get ready to file. Following them will help get this year’s …
COVID Tax Tip 2021-28, March 3, 2021 Taxpayers can securely access and view their IRS tax information anytime through their individual online account. They can see important information when preparing to file their tax return or following up on balances or notices. This includes: Adjusted gross income. This can be useful if the taxpayer is using …
IRS Online Account can help taxpayers get ready to file their tax return Read More »
COVID Tax Tip 2021-27, March 2, 2021 Many people will be filing federal taxes for the first time this year. For these taxpayers, IRS Free File is a great option, especially if they are looking to save money on tax preparation. Filing electronically and choosing direct deposit is the safest and easiest way to file an accurate tax return and the …
Here’s why people filing taxes for the first time should use Free File Read More »
IRS Tax Tip 2021-26, March 1, 2021 Taxpayers should double-check to make sure they have all their documents before filing a tax return. Taxpayers who haven’t received a W-2 or Form 1099 should contact the employer, payer or issuing agency and request the missing documents. This also applies for those who received an incorrect W-2 or Form …
Here’s what taxpayers should do if they have missing or incorrect documents Read More »
COVID Tax Tip 2021-25, February 25, 2021 Active duty military personnel have multiple options for free federal tax preparation. One is IRS Free File. This program offers online tax preparation, electronic filing and direct deposit of refunds, at no cost. Members of military and their families who have income below $72,000 may choose from any of the …
Free electronic filing options for military members and their families Read More »
COVID Tax Tip 2021-24, February 24, 2021 The IRS urges taxpayers whose identities may have been used by thieves to steal unemployment benefits to file a tax return claiming only the income they actually received. In 2020, millions of taxpayers were affected by the COVID-19 pandemic through job loss or reduced work hours. Some taxpayers applied for …
People should be on the lookout for identity theft involving unemployment benefits Read More »