Keyword: “IRS analysis” 1,243 related articles found
IRS Warns of Erroneous Tax Refunds How to Respond

Taxation · 02/07/2025

IRS Warns of Erroneous Tax Refunds How to Respond

This guide provides detailed instructions on how to properly handle erroneous tax refunds, including measures for addressing paper checks and electronic transfers. It ensures that taxpayers can smoothly resolve these issues and maintain compliance with personal financial regulations.

IRS Urges Electronic Direct Deposit for Faster Tax Refunds

Taxation · 08/12/2025

IRS Urges Electronic Direct Deposit for Faster Tax Refunds

This article provides a detailed overview of electronic direct deposit as the best method for receiving tax refunds. Its security, speed, and efficiency have made it an increasingly popular choice among taxpayers.

IRS Advises on Handling Incorrect Tax Refunds Overissued Checks

Taxation · 02/07/2025

IRS Advises on Handling Incorrect Tax Refunds Overissued Checks

This article provides guidelines for handling erroneous tax refunds, including detailed steps on how to return uncashed checks, cashed checks, and direct deposits. It ensures that taxpayers take appropriate actions to avoid potential financial issues.

IRS Tightens Rules on Highvalue Tax Refunds and Credits

Taxation · 08/12/2025

IRS Tightens Rules on Highvalue Tax Refunds and Credits

Applications for tax refunds and credits exceeding $2 million must be reviewed by the IRS and a report submitted to the Joint Tax Committee to ensure tax transparency. The review process may involve investigations or direct acceptance of applications, with important information detailed in the report to enhance tax fairness.

IRS Expands Free Tax Filing Options for 2024 Season

Taxation · 08/12/2025

IRS Expands Free Tax Filing Options for 2024 Season

This article introduces various free tax filing options provided by the IRS, including free e-filing, direct filing, and Volunteer Income Tax Assistance (VITA) services. It aims to help taxpayers complete the filing process easily and affordably.

IRS Announces Major Tax Policy and Accounting Method Reforms

Taxation · 08/12/2025

IRS Announces Major Tax Policy and Accounting Method Reforms

The latest IRS announcement includes important aspects such as new refundable tax credit policies, updates on classifications for tax-exempt organizations, and processes for changes in accounting methods. This provides taxpayers with timely policy guidance and compliance recommendations.

IRS Launches Direct Bank Payment System for Tax Filings

Taxation · 08/13/2025

IRS Launches Direct Bank Payment System for Tax Filings

With 'Pago directo', users can conveniently pay IRS taxes directly from their bank accounts, catering to both individuals and businesses. The service allows for flexible cancellation or modification of payments, with a maximum limit of up to $10 million, enhancing the convenience and security of the payment process.

IRS Free Filing Program Aims to Simplify Tax Season

Taxation · 03/25/2025

IRS Free Filing Program Aims to Simplify Tax Season

The IRS Free File program offers free online tax filing services for taxpayers with an annual income of less than $84,000, helping them complete their tax returns quickly and accurately. The advantages of this program include the ability to calculate tax credits, ensure user privacy, and operate on multiple devices, enhancing the convenience of tax filing.

IRS Free File Simplifies Tax Filing for Eligible Americans

Taxation · 03/25/2025

IRS Free File Simplifies Tax Filing for Eligible Americans

The IRS Free File program offers eligible taxpayers free tax software, facilitating quick and easy federal tax filing for those with an income limit of $84,000. This initiative aims to reduce economic burdens and enhance the tax filing experience.

IRS Offers Monthly Installment Plans to Ease Tax Payments

Taxation · 08/13/2025

IRS Offers Monthly Installment Plans to Ease Tax Payments

This article primarily explains how to apply for a monthly installment payment plan using Form 9465. It aims to assist taxpayers who are unable to pay their taxes in a lump sum, thereby alleviating financial pressure and ensuring timely management of future tax obligations. Additionally, it provides information on related consulting support.

IRS Offers Guidance on Installment Agreements Via Form 9465

Taxation · 08/13/2025

IRS Offers Guidance on Installment Agreements Via Form 9465

This article provides a detailed guide on how to apply for an installment payment agreement by completing IRS Form 9465, effectively easing the tax burden for taxpayers. It includes information on the application process, key points for filling out the form, suggestions for monthly payment plans, and payment methods, aiming to assist readers in managing their tax issues smoothly.

Choosing A Tax Preparer Carefully A Key Step To Protect Personal Information

Taxation · 02/03/2025

Choosing A Tax Preparer Carefully A Key Step To Protect Personal Information

The IRS advises taxpayers to choose tax preparers carefully to prevent identity theft and financial loss. While most preparers offer reliable services, some engage in fraud. The IRS recommends that taxpayers conduct background checks before sharing personal information and utilize valid resources regarding tax professionals to ensure the security of their personal information.

IRS Reaffirms Support For Tribal And State Child Support Payments Continuing To Provide Assistance

Taxation · 05/14/2024

IRS Reaffirms Support For Tribal And State Child Support Payments Continuing To Provide Assistance

The IRS reiterates its ongoing support for child support payments, ensuring that assistance from states and Native American tribes remains unaffected. In clarifying reports regarding access to tax refund offsets, the IRS states that there are no changes. Future legislative proposals and plans for enforcing child support will be advanced within a framework of cooperation.

Key To Becoming A US Tax Resident The Substantial Presence Test

Taxation · 07/25/2025

Key To Becoming A US Tax Resident The Substantial Presence Test

This guide provides a detailed analysis of the IRS regulations regarding the substantial presence test, helping foreign individuals understand how to determine their tax residency status. It also outlines specific exceptions to consider when calculating the number of days, ensuring that your tax obligations in the United States are clear.

2018 Tax Season Individual Income Tax Filing Statistics Analysis

Taxation · 07/25/2025

2018 Tax Season Individual Income Tax Filing Statistics Analysis

Data analysis from the 2018 individual income tax filing season shows an increase in both total filings and electronic submissions, coupled with a surge in visits to the IRS website. This trend reflects a gradual shift towards technology and convenience among taxpayers, providing important insights for future tax policy and services.