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IRS Raises Standard Mileage Rate for Second Half of 2022 – Did You Know?
In recognition of the recent rise in gas prices, the IRS has announced an increase to the optional standard mileage rate for the second half
In recognition of the recent rise in gas prices, the IRS has announced an increase to the optional standard mileage rate for the second half
If you are making quarterly estimated tax payments to the IRS, the due date for the April 1 – May 31 quarter of the year
Q: What happens if two different taxpayers claimed the CTC for the same qualifying child? A: In some cases, a child meets all the IRS
Q: How do I respond to a notice saying that the IRS changed the CTC amount on my return? A: If you agree with the
The maximum credit amounts and income limits for the Child Tax Credit differed in 2021 from other years. In addition, many taxpayers received advance CTC
If the IRS needs to contact a taxpayer, the agency will generally send a letter in the mail rather than emailing or calling. Taxpayers may
The IRS due date for filing 2021 tax returns has passed, but taxpayers who missed the deadline still have many reasons to file as soon
As tax filing season ends and individuals start receiving their refunds, taxpayers should be aware of a refund scam that may be making the rounds.
Most taxpayers who file their returns electronically and request direct deposit generally receive their IRS refunds within 21 days. However, a variety of factors can
Taxpayers who request an automatic extension to file their 2021 federal income tax returns may file anytime up until October 17th, 2022. Remember, however, that
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