IRS News
For the first time, maximum educator expense deduction rises to $300 in 2022; limit $250 for those filing 2021 tax returns | Internal Revenue Service
For the first time ever, teachers and other educators will be able to deduct up to $300 of out-of-pocket classroom expenses when they file their tax returns in 2022. See: https://go.usa.gov/xzFUm #IRS
irs.gov
IRS issues FAQs on the reinstated Superfund chemical excise tax to assist affected taxpayers | Internal Revenue Service
The Internal Revenue Service issued frequently asked questions (FAQs) regarding the reinstated Superfund chemical excise tax to help those taxpayers who may be impacted and tax professionals.
irs.gov
Tax News
IRS To Add 87,000 New Agents, More Crypto Tax Enforcement
The Inflation Reduction Act sends more than $45 billion to the IRS for "enforcement." The law says they’ll be specifically pursuing “digital asset monitoring and compliance activities,” apart from more general tax enforcement. The crypto tax hunt is on.
forbes.com
Amid Trump Passport Flap, Here’s How To Keep IRS From Taking Yours
Criminal defendants commonly have to surrender their passports as part of bail or other types of agreements, but Americans who owe the IRS more than $55,000 in back taxes can also have passport problems.
forbes.com
Analysis | The Senate bill and Biden’s pledge to not raise taxes on people making less than $400,000
The president made a big promise during the campiagn. Whether he kept it depends on how you look at arcane tax math.
washingtonpost.com
From The Desk of Keith L. Jones, CPA
IRS Back Taxes Help | Tax Relief Services For Back Taxes
I provide back taxes help to taxpayers and help solve IRS tax problems. Tax relief services & tax debt relief to get you on the road to financial freedom!
keithjonescpa.com
10 Excellent IRS Taxpayer Bill Of Rights You Should Know
The IRS Taxpayer Bill of Rights codifies existing rights into fundamental rights, making them clearer, more intelligible, and more accessible to taxpayers.
The Taxpayer's Bill of Rights gives every taxpayer a set of fundamental rights they should know.
Your Taxpayer Bill of Rights codifies existing rights and makes them clearer, more understandable, and available to all taxpayers.
What does the Taxpayer Bill of Rights include?
1.The Right to Be Informed 2.The Right to Quality Service 3. Right to Pay No More than the Correct Amount of Tax 4. The Right to Challenge the IRS’s Position and Be Heard 5. The Right to Appeal an IRS Decision in an Independent Forum 6.The Right to Finality 7. The Right to Privacy 8. The Right to Confidentiality 9. The Right to Retain Representation 10. The Right to a Fair and Just Tax System
keithjonescpa.com