IRS News
Your unpaid taxes still accrue interest even though IRS suspends collection notices. Here are some payment options to consider
The IRS temporarily stopped over a dozen automated tax notices. However, your unpaid balance may still accrue interest. Here are your payment options.
Yes, You Can Fight IRS In Court, But Which Court?
Tax Court, District Court or Claims Court? The primary advantage of Tax Court is that you don't have to pay the tax first. In contrast, most taxpayer suits in U.S. District Court or U.S. Claims Court are after the tax has been paid., suing for a refund.
Tax Facts About IRS Form 1099
Don't assume you're off the hook for reporting income if you don't receive a Form 1099 by February or even March. Some companies issue Forms 1099 late. Even if you never receive a Form 1099, if you receive income, you must report it.
News
With the support of the child tax credit, some parents launched businesses last year
The child tax credit supported work and entrepreneurship among parents, a study by the Social Policy Institute at Washington University in St. Louis found.
IRS provides additional updates to Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit | Internal Revenue Service
The Internal Revenue Service today updated frequently asked questions (FAQs) for the 2021 Recovery Rebate Credit.
Tax Returns and Tax Refunds: How the Two Are Different
People often confuse these two terms, but they're not the same thing. Learn the difference before you file your taxes.
IRS Ends Scary Tax Notices, but You Can Still Be Penalized. What to Know
Due to a massive backlog, the IRS has paused several automated letters. Learn how the change could affect you.
From The Desk of Keith L. Jones, CPA
IRS Tax Relief Expert Offers Tax Debt Settlement Analysis
IRS Back Tax Help Expert Keith Jones, CPA TheCPATaxProblemSolver who has been providing back tax help to individuals & companies for years.