The IRS has a new free tax filing service for eligible taxpayers allowing them to file online, beginning in 2024. To ensure the program is successful, the IRS is limiting participation to certain states (including California), and who receive income from specific...
Experience. Dedication. Results.
Month: December 2023
$1 Billion Gift from the IRS
For 4.7 million taxpayers, the IRS has agreed to abate late filing penalties for tax returns filed late for tax years 2020 and 2021. Although the IRS plans to return to normal post-pandemic collection procedures, the IRS is beginning by granting this relief to help...
IRS Appeals to Improve Taxpayer Service
The IRS’ Independent Office of Appeals has released a Focus Guide for fiscal year 2024, highlighting improvements to taxpayer services. Notably, the guide relays the improvements taxpayers can expect over the next year, including digital platforms for communicating...
IRS Denies 20,000 ERC Credits
The IRS is battling false Employer Retention Credits by denying more than 20,000 claims and by initiating a voluntary program for those who may have received the credit in error and who want to come forward to correct their claim and get into compliance. For full...