by Candy | Jul 10, 2020 | Taxes
The IRS recently announced a suspension period for collection activities in response to the COVID-19 crisis. This suspension, which is set to last from March 30th to July 15th, 2020, is designed to provide relief to taxpayers who are struggling due to the economic...
by Candy | Jul 3, 2020 | Featured, Taxes
Dealing with the IRS can be confusing and frustrating at times. While the agency does make the final decision regarding your taxable income and money owed, you also have rights as a taxpayer. Knowing these entitlements can help you properly advocate for yourself in...
by Candy | Jun 23, 2020 | Taxes
The National Taxpayer Advocate’s office recently revealed that the IRS’s automatic fraud-detection tools are not functioning properly. According to Tax Pro Today, thousands of tax returns have been unnecessarily flagged, resulting in delayed refund payments for many...
by Candy | May 29, 2020 | COVID-19, Featured, Taxes
The IRS has changed many of its usual tax season policies and deadlines due to the Coronavirus pandemic. First it announced that the filing deadline for returns would be moved from April 15 to July 15th in order to alleviate financial hardship brought on by business...
by Candy | Apr 14, 2020 | Taxes
Similar to previous years, the IRS had once again extended the deadline for sending health care statements such as Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage) to individuals. Due to the requirements enacted by the...
by Candy | Mar 31, 2020 | News, Taxes
In response to the COVID-19 pandemic, the IRS recently announced that the tax deadline to file 2019 returns has been moved from April 15th, 2020 to July 15th, 2020. This change was publicized after President Donald Trump’s emergency declaration according to the...