June 24, 2024

IRS releases revised draft Form 6765, Credit for Increasing Research Activities, following public comment

The Internal Revenue Service today announced the release of draft Form 6765, Credit for Increasing Research Activities, also known as the Research Credit. Read the full […]
June 21, 2024

Mediation can help taxpayers settle tax issues

Mediation – also known as alternative dispute resolution – can help taxpayers resolve tax issues early and efficiently. The process provides taxpayers a faster, more collaborative […]
June 18, 2024

Newlyweds tax checklist

Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December […]
June 17, 2024

Businesses: The Employer-Provided Childcare Tax Credit is worth up to $150,000

The Employer-Provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees. Read the full article from IRS here: https://www.irs.gov/newsroom/businesses-the-employer-provided-childcare-tax-credit-is-worth-up-to-150000 Contact […]
June 13, 2024

IRS warns against scams targeting seniors; joins other federal agencies to recognize special awareness day

As part of continuing efforts to protect the senior community, the Internal Revenue Service today issued a warning about the rising threat of impersonation scams. Read […]
June 11, 2024

IRS reminder: June 17 estimated tax payment deadline fast approaching

The Internal Revenue Service today reminded taxpayers whose income is not subject to withholding that the second quarter estimated tax payment deadline is June 17. Read […]
June 6, 2024

Hobby or business: What people need to know if they have a side hustle

Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit […]
June 4, 2024

Taxpayers can appeal a rejected offer in compromise

If the IRS rejects an offer in compromise, taxpayers have 30 days from the date on the rejection letter to request an appeal of that decision. […]
May 31, 2024

IRS makes Direct File a permanent option to file federal tax returns; expanded access for more taxpayers planned for the 2025 filing season

Following a successful filing season pilot and feedback from a variety of partners, the Internal Revenue Service announced today that it will make Direct File a […]