Now that the filing season has begun, there are several key items all taxpayers should keep in mind when filing their federal income tax returns this year. Here’s a checklist to help file an accurate tax return, avoid processing delays and speed up refund delivery. Use online resources before calling the IRS. The IRS urges…
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IRS accepting applications for VITA and TCE Grants in May
WASHINGTON - The Internal Revenue Service is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years. Grants.gov will accept applications beginning May 1 through May 31, 2022, for the TCE and…
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IRS recognizes Small Business Week: Information and free resources for starting a business
IRS YouTube VideosIRS Small Business Self-Employed Tax Center – English | ASL WASHINGTON - During National Small Business Week, May 1 to 7, the IRS is highlighting tax benefits and resources tied to the Small Business Administration theme for this year’s celebration: “Building a Better America through Entrepreneurship.” During National Small Business Week, the Internal…
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IRS sends CP2100 and 2100A notices when payers need to correct backup withholding errors
In April, the IRS sent CP2100 and CP2100A notices to banks, credit unions, businesses or payers who filed returns that don't match IRS records. These information returns include: Form 1099-B, Proceeds from Broker and Barter Exchange TransactionsForm 1099-DIV, Dividends and DistributionsForm 1099-G, Certain Government PaymentsForm 1099-INT, Interest Income Form 1099-K, Payment Card and Third-Party Network TransactionsForm…
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Low Income Taxpayer Clinic 2023
grant application period now open – National Taxpayer Advocate calls for applicants looking to serve their communities and uphold taxpayer rights WASHINGTON — The Internal Revenue Service today announced the opening of the application period for Low Income Taxpayer Clinic (LITC) matching grants for calendar year 2023. Applications will be accepted from May 2 to…
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