IRS has started issuing tax refunds since February. Millions of taxpayers have filed their tax returns, IRS analyzes the tax information before processing the returns.…
IRS Attempts To Clear Past Tax Returns Backlog
IRS has found that up to a worth of $24 m tax return is still pending, most of them are from the 2020 tax season.…
IRS Advises Taxpayers To Provide Complete Income Details In Their Tax Returns
The Internal Revenue Service (IRS) has notified taxpayers to report details including gig economy income, virtual currency transactions, and foreign income and assets. IRS has…
Several Businesses Filing Tax Returns For The First Time Should Seek Professional Advice
The last year witnessed the launch of a record number of businesses in the US. Several working professionals resigned from their jobs to launch their…
IRS Warns Taxpayers of Refund Delays as Agency Still in Experiencing Backlogs from Last Season
Despite now being at the height of tax season, Treasury Department officials warn that they are experiencing difficulties due to an unfinished backlog of millions…
IRS Urges Americans to File Taxes as Soon as Possible
In order to prevent experiencing substantial delays, Americans are being urged to complete their 2021 tax returns as soon as possible. There is a significant…