AICPA News
45% of American Taxpayers Have No Idea When They Last Updated Their Withholding: AICPA W-4 Survey
New data that explores the opinions of tax-filing Americans regarding their awareness and experiences surrounding the updated Form W-4 and its implications.
IRS News
Can’t Reach The IRS By Phone? Blame Climate Change
John Sheeley couldn’t believe what he was hearing. In 2019 IRS Commissioner Charles Rettig told a group of tax professionals that one reason calls to the IRS were going unanswered was the Federal Emergency Management Association.
IRS Launches Child Tax Credit Eligibility And Update Tools
If you want advance payments of your 2021 child tax credit—or don’t—the Internal Revenue Service has two new online tools that can help.
News
The State Fight To Eliminate The Federal Restriction On Tax Cuts
Joseph Bishop-Henchman of the National Taxpayers Union Foundation discusses the litigation of a provision in the American Rescue Plan Act restricting states from using federal funds provided by the law to offset reductions in net tax revenue.
It's Time for a Midyear Tax Checkup. How to Stay on Track
Financial experts say it’s time for a midyear tax checkup. Here’s how filers can stay on track through the end of the year.
Still Waiting on Your 2020 Tax Refund? You Aren't Alone
The IRS has a backlog of roughly 35 million tax returns from the 2021 season, many of which may be owed refunds, according to a government watchdog.
How To Afford A House; New Tax Credit Tools From IRS
The latest personal finance headlines from Forbes. The “American Dream” has long been built on a foundation of homeownership. Yet, as income and wealth gaps swell and housing prices reach new heights, that dream is becoming more elusive, particularly for those looking to buy their first home.
From The Desk of Keith L. Jones, CPA
IRS Tax Relief Expert Offers A Tax Debt Settlement Analysis
For IRS tax relief get your Tax Debt Settlement Analysis with Keith Jones, CPA who has provided tax relief forgiveness help to troubled taxpayers for years.