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IRS Provides Tax Inflation Adjustments for Tax Year 2023
The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.…
IRS: Hurricane Ian Victims in Florida Qualify for Tax Relief; Oct. 17 Deadline, Other Dates Extended to Feb. 15
Hurricane Ian victims throughout Florida now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments…
$1.2 Billion in IRS Penalty Relief Refunds Coming for Certain 2019 and 2020 Tax Returns
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late.…
Taxpayers Should be Sure to Have All Their Info Before Going to a Tax Pro
Having organized records and information in hand helps prevent filing errors and will likely create a smoother filing experience.
What Freelancers Need to Know About President Biden’s Student Loan Relief Program
On August 24th, President Biden announced his administration’s plans to cancel up to $20,000 in federal student loans. We’re here to break it down for you and tell you everything you need to know about the debt cancellation program.…