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Guidance to taxpayers on identity theft involving unemployment benefits

The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because of identity theft to contact their appropriate state agency for a corrected form. States issue Forms 1099-G to the taxpayer and to the IRS to report what taxable income, such as refunds or unemployment benefits, […]

All taxpayers now eligible for Identity Protection PINs

The Internal Revenue Service today expanded the Identity Protection PIN Opt-In Program to all taxpayers who can verify their identities. The Identity Protection PIN (IP PIN) is a six-digit code known only to the taxpayer and to the IRS. It helps prevent identity thieves from filing fraudulent tax returns using a taxpayers’ personally identifiable information. […]

New Form 1040-SR, alternative filing option available for seniors

The Internal Revenue Service wants seniors to know about the availability of a new tax form. Form 1040-SR featuring larger print and a standard deduction chart with a goal of making it easier for older Americans to read and use. The Bipartisan Budget Act of 2018 required the IRS to create a tax form for […]

January 31 is EITC Awareness Day

On Jan. 31, EITC (Earned Income Tax Credit) nationwide awareness campaign kicks off for the 14th year. The EITC awareness campaign alerts millions of workers to this significant tax credit. The EITC is a vital tax credit that helps millions of hard-working families around the nation. It’s critical that people review the credit to see […]

Taxpayer Bill of Rights

Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. The Right To Be Informed – they have the right to be informed of IRS decisions and receive clear explanations of the outcomes The Right to Quality Service- to receive prompt, courteous, professional assistance, and […]

Blog # 4

Blog # 4 On Tuesday, Jan. 14, the get an IP PIN tool became available at the IRS.gov/IPPIN for taxpayers. Access began for taxpayers who need to retrieve a lost/missing IP PIN or certain taxpayers who want to voluntarily enter the IP PIN opt-in program. The IP PIN is a six-digit number assigned to help […]

Here are reasons for people to file a 2019 tax return

Here are reasons for people to file a 2019 tax return While many people are required to file a tax return. It’s a good idea for everyone to determine if they should file. Some people with low income are not required to file, but will need to do so if they can get a tax […]

3 simple steps to take stock or your finances

Blog #2 3 simple steps to take stock or your finances The new year is a good time to review and update your financial picture. Here are three key steps you could take this month. Update your beneficiary designations It’s critical to name beneficiaries on all your financial accounts, regardless of size. That’s because your […]

IRS open 2019 tax filing season on January 27, 2020

Blog #1 IRS open 2019 tax filing season on January 27, 2020 Tax season will start for individual tax return filers on Monday, January 27, 2020, when the tax agency will being accepting and processing 2019 tax year returns. Deadline to file 2019 tax returns and pay any tax owed is Wednesday, April 15, 2020. […]

New Form 1040

Form 1040 has been redesigned for tax year 2018. The revised form consolidates Forms 1040, 1040A and 1040-EZ into one form that all individual taxpayers will use to file their 2018 federal income tax return. Renew ITIN to avoid refund delays Many Individual Taxpayer Identification Numbers (ITINs) expired on December 31, 2018. This includes any […]