Taxation · 07/25/2025
How To Successfully Apply For The 2020 Economic Impact Payment A Comprehensive Guide
This article provides information on how to apply for the 2020 Economic Impact Payment, including eligibility requirements, application steps, and suggestions for recovering the rebate credit. Regardless of whether you received the payment, you can access the funds you deserve by filing your tax return.
Taxation · 07/25/2025
Compliance Guide for Tax Professionals Ensuring a Smooth Practice Journey
This article provides practical guidance for tax professionals on compliance and certification, including obtaining certifications, client communication, regulatory research, and the responsibility to report fraud. It aims to help practitioners effectively maintain their professional qualifications and enhance their expertise.
Taxation · 07/25/2025
Mastering Tax Professional Knowledge Key Tools and Resources Provided by IRS for Tax Practitioners
The IRS offers a variety of online tools and services for tax professionals aimed at enhancing practitioner efficiency and the quality of customer service. By managing authorizations, maintaining compliance, and engaging in continuing education, tax professionals can better navigate the ever-evolving regulations and market demands.
Taxation · 07/25/2025
Beware Of Tax Fraud IRS Reveals Common Scams And Risks
The Internal Revenue Service (IRS) warns the public to be vigilant against various tax fraud schemes. It emphasizes the importance of choosing reliable tax preparers and identifying fraudulent tax schemes. The IRS advises against the pitfalls of non-reporting and advocates for education to enhance individuals' ability to recognize such schemes, thereby protecting their assets and legal rights.
Taxation · 07/25/2025
The IRS A Mission To Provide Quality Service For Every Taxpayer
The mission of the Internal Revenue Service (IRS) is to provide high-quality tax services, assisting taxpayers in understanding and fulfilling their tax responsibilities, while fairly enforcing tax laws. The agency enhances the taxpayer experience through modernized services and technology, emphasizing education and guidance to increase taxpayer trust and cooperation with the tax system.
Taxation · 07/25/2025
Understanding The Functions And Mission Of The IRS
This article explores the mission and responsibilities of the Internal Revenue Service (IRS) in the United States. The IRS is not only responsible for tax collection but also assists taxpayers in understanding tax regulations and maintaining tax fairness. Through modernized services and community education, the IRS is committed to enhancing taxpayer compliance and the overall integrity of the tax system.
Taxation · 09/01/2019
Unveiling The Truth Behind Tax Compliance A Study On Tax Gap From 2011 To 2013
This report estimates the tax gap from 2011 to 2013, providing a crucial assessment of tax compliance for the IRS. By integrating years of data, it analyzes the current state of tax compliance rates, aiding in the formulation of more effective management strategies to mitigate the losses caused by the tax gap.
Taxation · 10/28/2022
Unveiling Americas Tax Gap How To Reduce Risks And Costs Of What You Owe
The tax gap in the United States has reached $496 billion, with individual income tax being a major contributor. Increasing compliance and reducing tax risks can bring significant benefits to individuals and businesses. Through effective tax planning, every taxpayer can find viable strategies to maximize wealth in a complex tax environment.
Taxation · 10/28/2022
Uncovering Tax Loopholes in the United States An Analysis of the Tax Gap from 2008 to 2010
This article analyzes the U.S. tax gap during the period from 2008 to 2010, estimating the total amount to be $458 billion. It discusses the importance and calculation methods of voluntary compliance rates and net compliance rates, highlighting the complexities of data estimation and the role of the IRS in tax administration.
Taxation · 07/25/2025
Mastering Tax Knowledge Essential IRS Video Resources You Need to Know
This article presents a series of practical videos provided by the IRS, covering important topics such as tax payments, handling tax debts, and e-filing. These resources assist taxpayers in easily grasping tax essentials, offering solutions and practical guidance.
Taxation · 07/25/2025
2024 Tax Filing Comprehensive Guide and Considerations
The deadline for tax filing in 2024 is April 15, 2025. It is crucial to understand available free services and methods for handling special situations. This article provides key timelines and resources related to tax filing to help you navigate the tax season with ease.
Taxation · 07/25/2025
No More Tax Worries Master Key Tips and Free Resources
Master essential tax filing techniques and free resources to easily handle the complexities of tax returns. Understand tax deadlines, free filing options, alternative filing methods, and the process for applying for an extension, helping you to say goodbye to tax worries.
Taxation · 07/22/2025
Master The 2025 Tax Calendar To Avoid Unnecessary Penalties And Interest
Mastering the 2025 tax calendar is a crucial strategy for taxpayers to minimize the risk of penalties. This article outlines the contents of the tax calendar published by the IRS, including how to use it, the different types of tax calendars, and the deadlines for payroll tax deposits. It emphasizes the importance of regularly tracking tax obligations to maintain the financial health of taxpayers.
Taxation · 07/25/2025
How To Successfully Submit Paper Tax Returns A Comprehensive Guide To Avoid Payment Hassles
This article summarizes the mailing addresses for paper tax forms by state, the filing requirements for different tax forms, and considerations regarding tax-exempt entities and international tax forms. It aims to assist you in smoothly completing your tax submissions and avoiding unnecessary hassles.
Taxation · 03/21/2019
Tax Reforms Fundamental Changes to Itemized Deductions How to Reasonably Choose Between Standard and Itemized Deductions
The changes in itemized deduction policies after tax reform have widespread implications, particularly enhancing the appeal of the standard deduction. This article analyzes the specific provisions of the new legislation regarding various deductions, including medical expenses, state taxes, miscellaneous deductions, and mortgage interest, helping taxpayers make informed decisions when faced with choices.