The Internal Revenue Service (IRS) has announced that the “Get My Payment” tool is now open. Folks looking for information about their stimulus checks (Economic
Read MoreCategory: IRS news/announcements
IRS Answers Some Of Your Stimulus Check Questions
The Internal Revenue Service (IRS) is emphasizing that no action is required by eligible taxpayers for the second round of Economic Impact Payments (EIPs, or
Read MoreIRS Employer Identification Number (EIN) Online Service Temporarily Unavailable
Need an EIN? You’ll have to wait a few days to apply for an EIN online. The IRS has announced that the service is temporarily
Read MoreIRS Online Installment Agreement Service Temporarily Unavailable
If you owe the Internal Revenue Service (IRS), you may be able to apply for a payment plan online to pay off your balance over
Read MoreIRS Releases Mileage Rates For 2021 Tax Year
The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car,
Read MoreIRS Issues Final 1031 Like-Kind Regs
The Internal Revenue Service (IRS) has issued final regulations relating to section 1031 like-kind exchanges. 1031 Like-Kind Requirements We call them 1031 like-kind exchanges because
Read MoreAs Frustrations With IRS Grow, Tax Pros Reach Out To Congress
#TaxTwitter has been abuzz about a flurry of notices of intent to levy (CP504) sent to taxpayers this week. The notices appear to have been
Read MoreAs IRS Takes Additional Steps To Protect Your Privacy, Your Tax Transcript May Look Different
The Internal Revenue Service (IRS) continues to take steps forward in efforts to protect taxpayer data. Two years ago, the IRS moved to provide more
Read MoreIRS Offers Additional Help With Tax Bills During Pandemic
The Internal Revenue Service (IRS) has announced some changes to its collections processes to assist taxpayers who have been impacted by COVID-19. Specifically, the IRS
Read MoreIRS Updates Penalty Amounts For 2021 Tax Year
The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the tax year 2021 – and that includes penalty amounts. Here’s a quick look
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