Before toasting the new year, taxpayers should review this to-do list
IRS Tax Tip 2022-191, December 15, 2022 Whether they plan to stay up to greet the new year or go to bed early, taxpayers can get ready for 2023 by…
Read moreWhat Deductions Can I Take as an Owner of Rental Property?
If you receive rental income from the rental of a dwelling unit, there are certain rental expenses you may deduct on your tax return. These expenses may include mortgage interest,…
Read moreWhat is Considered Rental Income?
You generally must include in your gross income all amounts you receive as rent. Rental income is any payment you receive for the use or occupation of property. You must…
Read moreTax Time Guide: Electronic tax payment and agreement options available to taxpayers who owe
WASHINGTON ― The Internal Revenue Service today reminded taxpayers who have a tax bill that there are several ways to make payments, and there are options for many people who…
Read moreReasons why some tax refunds filed electronically take longer than 21 days
WASHINGTON – Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer.…
Read moreRazones por las cuales algunos reembolsos de impuestos presentados electrónicamente pueden tardar más de 21 días
WASHINGTON — A pesar de que el Servicio de Impuestos Internos emite la mayoría de los reembolsos en menos de 21 días para los contribuyentes que presentaron electrónicamente y eligieron…
Read moreOnline Account and tax transcripts can help taxpayers file a complete and accurate tax return
Filing an error-free tax return is key to taxpayers getting any refund they are due as soon as possible. One IRS resource that can help is Online Account. This is the fastest…
Read moreIRS issues Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit
WASHINGTON — The Internal Revenue Service today issued frequently asked questions (FAQs) for the 2021 Recovery Rebate Credit. Individuals who did not qualify for, or did not receive, the full…
Read moreEntienda cómo funciona el crédito tributario de adopción
Los contribuyentes que adoptaron o iniciaron el proceso de adopción durante 2021 pueden calificar para el crédito de adopción. Este crédito se puede aplicar a la adopción de cuidado de…
Read moreUnderstanding the adoption tax credit
Taxpayers who adopted or started the adoption process in 2021 may qualify for the adoption credit. This credit can be applied to international, domestic private, and public foster care adoption. Taxpayers who adopt…
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