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IRS Tax Tip 2022-01, January 3, 2022 Two key elements of the IRS mission are to treat taxpayers with dignity and respect, and to provide them a positive customer experience. The Taxpayer Bill of Rights outlines the ten specific rights all taxpayers have any time they interact with the IRS. These rights cover a wide range of …
The Taxpayer Bill of Rights: Protection for all taxpayers Read More »
IRS Tax Tip 2022-191, December 15, 2022 Whether they plan to stay up to greet the new year or go to bed early, taxpayers can get ready for 2023 by reviewing these common end-of-year tasks. People can always visit IRS’ Get Ready webpage for info on filing their tax return. Here are a few things they should keep …
Before toasting the new year, taxpayers should review this to-do list Read More »
IRS Tax Tip 2022-190, December 14, 2022 Last year, more than 58,000 IRS volunteers gave back to their communities by preparing more than 2.2 million federal income tax returns for individuals and families nationwide. These volunteers provided free tax help in communities across the country. The IRS is recruiting volunteers now for the 2023 filing season For over 50 years, the IRS …
IRS is recruiting volunteers nationwide to help taxpayers this filing season Read More »
IRS Tax Tip 2022-189, December 13, 2022 People with disabilities and their families can use Achieving a Better Life Experience or ABLE accounts to help pay for qualified disability-related expenses. ABLE accounts are tax-advantaged savings accounts that don’t affect eligibility for government assistance programs. Here are some key things people should know about these accounts. Annual contribution limit …
Tax Tip 2022-188, December 8, 2022 When people get married their tax situation often changes. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all newlyweds need to know. Here’s a tax checklist for newly married couples: Name and address changes Withholding Filing status …
IRS Tax Tip 2022-187, December 7, 2022 The IRS and its Security Summit partners recently held the annual National Tax Security Awareness Week. The Security Summit is a longstanding partnership between the IRS, state tax administrators and the tax software and tax professional community. They work together to improve defenses and protect people from tax-related identity theft. …
Highlights from 2022 National Tax Security Awareness Week Read More »
IRS Tax Tip 2022-186, December 6, 2022 Tax filing season will be here soon. As people begin to gather their documents and receipts in preparation of filing a tax return, many are also choosing to use a professional tax return preparer. Anyone with an IRS Preparer Tax Identification Number can be a paid tax return preparer. …
IRS Tax Tip 2022-185, December 5, 2022 The quickest way to get the latest IRS news is through the agency’s official social media accounts and by subscribing to e-News services. These communication channels keep taxpayers in the loop about important tax matters. IRS social media platforms The agency also has a free app, IRS2Go, where taxpayers can …
Connect to the IRS social media and e-news subscriptions for tax time tips and resources Read More »
IRS Tax Tip 2022-184, December 1, 2022 Most people probably only think about tax credits and deductions when they’re completing their tax return. However, a little early planning can make for a smoother filing process. By familiarizing themselves now, taxpayers can have a clear understanding of which credits and deductions make sense for them and the records …
Reviewing tax credits and deductions now helps set taxpayers up for success at tax time Read More »
IRS Tax Tip 2022-183, November 30, 2022 Wading through a pile of statements, receipts and other financial documents when it’s time to prepare a tax return can be frustrating for people who haven’t managed their records. By knowing what they need to keep and how long to keep it, people can develop a good recordkeeping system year-round …
Good recordkeeping year-round helps taxpayers avoid tax time frustration Read More »
IRS Tax Tip 2022-182, November 29, 2022 Some taxpayers are eligible for more than one filing status. As they get ready for the upcoming filing season, taxpayers should carefully review their options to pick the filing status that makes the most sense for them. Those who are only eligible for one filing status should be sure to …
There’s more to determining filing status than being married or single Read More »