by TIG Tax Services | Jan 8, 2025 | Tax Updates
Flags Employee Retention Credit, Identity Theft Victim Assistance processing delays and calls for adequate funding to improve taxpayer services WASHINGTON — National Taxpayer Advocate Erin M. Collins today released her 2024 Annual Report to Congress, finding overall...
by TIG Tax Services | Jan 7, 2025 | Tax Updates
WASHINGTON – The Internal Revenue Service today encouraged taxpayers who paid too little tax in 2024 to make a fourth quarter estimated tax payment on or before Jan. 15, 2025. Income taxes are pay-as-you-go, meaning taxpayers must pay most of their tax throughout the...
by TIG Tax Services | Jan 7, 2025 | Tax Updates
A taxpayer’s filing status generally depends on their being married or unmarried on the last day of the year – which means that a taxpayer’s marital status as of December 31, 2024, determines their tax filing options for all of 2024. For filing purposes, the IRS...
by TIG Tax Services | Jan 3, 2025 | Tax Updates
All or parts of 14 states, 2 territories need to file 2023 returns by Feb. 3; others have until May 1 WASHINGTON —The Internal Revenue Service today reminded disaster-area taxpayers who received extensions to file their 2023 returns that, depending upon their...
