by taxPRO Websites Staff | Jul 8, 2022 | Tax Tips and News
National Taxpayer Advocate Erin Collins says the Internal Revenue Service is concerned about the 21.3 million paper-return backlog. In her midyear report to Congress, Collins notes that low-income families could face financial burdens as affected refunds are...
by taxPRO Websites Staff | Jun 29, 2022 | Tax Tips and News
The Internal Revenue Service started using voice bots on many of its toll-free telephone lines around the first of the year. The system has already helped more than 3 million taxpayers avoid wait times for simple questions about payments or notices, and the agency is...
by taxPRO Websites Staff | Jun 25, 2022 | Tax Tips and News
Singer Neil Sadaka was right: breaking up is hard to do. For clients in the process of ending their marriage, there is more to consider than a simple separation of assets. Whether legally separating or divorcing, they could be facing big changes in their individual...
by taxPRO Websites Staff | Jun 16, 2022 | Tax Tips and News
Due to rising gasoline prices, the Internal Revenue Service has taken the rare step of increasing its optional standard mileage rates for the last six months of the 2022 tax year. These rates are significant since taxpayers use them to calculate the deductible costs...
by Sellena Hunter | Jun 16, 2022 | Tax Tips and News
Spring is typically known as tax season, and you may be thinking now that it’s officially summer, you can stop thinking about your taxes until next year. However, that’s not the case. As a responsible business owner or individual, it’s vital that you take the...
