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The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain ...
Tax filing done on an IRS partner site. Some state tax preparation and filing are free. If your income is above $73,000, you can still qualify for Fillable Forms, which doesn’t offer guided ...
The nation’s revenue service is facing a backlog of nearly 24 million tax returns filed last year, according to a report in The Washington Post. The pileup is delaying the processing of returns ...
But, in general, you would not be eligible for any portion of the credit unless your 2021 adjusted gross income was below $160,000 if you were married filing jointly; below $120,000 if you filed ...
It applies to those that filed certain Forms 1040, 1120, 1041 and 990-T income tax returns with an assessed tax of less than $100,000, and that were either in the IRS collection notice process or ...
In response to coronavirus, the Treasury, IRS and federal government have announced several changes to the tax filing season.
The IRS announced penalty relief in December for taxpayers who had outstanding tax bills but were not sent automated collection reminder notices during the pandemic. Though the notices did not go ...
The IRS receives around 3 million amended tax returns annually, according to a new release by the agency on February 9, 2023. Taxpayers who amend taxes could be retroactively claiming a refund or ...