IRS
Check The Status of a Tax Refund Using This IRS Tool
IRS TOOL Taxpayers can start checking their tax refund status 24 hours after e-filing their 2022 federal income tax return. The easiest and most convenient way to do this is by using the “Where’s My Refund?” tool on the IRS website. The tool provides a personalized refund date after the return is processed and a…
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Truckers Should e-file Heavy Highway Use Tax Return by September 3rd
Recently, the IRS issued a statement as a reminder for most heavy highway vehicle owners that the time to file Form 2290, the Heavy Highway Vehicle Use Tax Return, began on July 1st, 2019. Who Does the Heavy Highway Use Tax Return Apply to? The highway use tax is applicable to highway motor vehicles with…
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What a Cancellation of Debt Means For Your Taxes
Generally, debt that is forgiven or canceled by a lender is considered taxable income by the IRS and must be included as income on your tax return. When that debt is forgiven, negotiated down (when you pay less than you owe), or canceled you will receive a Form 1099-C, Cancellation of Debt, from your financial…
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IRS Promotes Disaster Readiness and Hurricane Preparedness Week
WASHINGTON — Disasters can happen at any time, and the Internal Revenue Service is encouraging taxpayers to be prepared for the unexpected. In the past 18 months, the IRS responded to presidentially declared disasters in 15 states and U.S. territories. The IRS offered tax relief and assistance to victims of hurricanes, typhoons, earthquakes, volcanos, fires,…
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Top 10 Special Tax Benefits for Armed Forces Personnel
If you’re a member of the U.S. Armed Forces, the IRS wants you to know about the many tax benefits that may apply to you. Special tax rules apply to military members on active duty, including those serving in combat zones. These rules can help lower your federal taxes and make it easier to file…
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Report Name Change Before You File Taxes
Did you change your name last year? Did your dependent have a name change? If the answer to either question is yes, be sure to notify the Social Security Administration before you file your tax return with the IRS. This is important because the name on your tax return must match SSA records. If they don’t,…
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