The Residential Energy Efficient Property (REEP) credit has been enhanced and renamed the Residential Clean Energy (RCE) credit beginning with the 2022 tax year. The RCE credit provides for a credit of up to 30%
one-on-one question-and-answer support with a tax professional, if requested through our Audit Support Center, for audited individual or business returns filed with TurboTax for the current 2024 tax year, and solely for individual, non-business returns for the past two tax years (2023, 2022)...
I realize that I should be writing about a serious topic on April 15, such as the flat tax or the threat of tax increases (or Trump’s massive tax increase on trade). But I’ve shifted this decade to share funny cartoons and meme. I did that in 2021, 2022, 2023, and 2024, and...
Many inquiries can be resolved online, including checking refund status, making payments, and obtaining tax forms. Other Resources for Assistance If you cannot reach an IRS representative or if your inquiry is more complex, consider these alternative resources: Taxpayer Advocate Service (TAS): This ...
You will not be wrongly persuaded to inflate your refund like tax preparers and other third-parties may encourage you to do. What Are This Year's Dozen IRS Scams? Be mindful and aware of phishing or smishing scams designed to steal your data; these are emails and texts which get you to...
IRS released a new Form 941, Employer’s Quarterly Federal Tax Return for 2021, and updated instructions to reflect the effects of COVID-19. For Second Quarter, 2022 The IRS revised the payroll taxForm 941 for the second quarter of 2022. The changes made reflect the ending of the COBRA ...
If you have a refund coming from the IRS, you want to get your hands on the money as soon as possible. Fortunately, the IRS makes it easy for individual taxpayers to track the status of their refunds and make sure they get the money they have coming.
The IRS will never ask you to reveal personal information through a phone call or text message. However, the agency will reach out to you via a mailed letter if there’s an error in your payment or tax refund. Any formal communication from the IRS will include accurate contact information,...
Can I view my tax return online? Use the Where's My Refund tool or the IRS2Go mobile appto check your refund online. This is the fastest and easiest way to track your refund. The systems are updated once every 24 hours. You can call the IRS to check on the status of your refund...
The publication defines a return as any tax return, estimated tax declaration, or refund claim filed by an individual on behalf of the IRS. Returns include paper and electronic forms, including tax forms 1090, 941, and 1120, and informational forms like Form 1099 or W-2s. IRS 1075 defines...