by ezTaxReturn Expert Staff | Apr 22, 2023 | IRS & Government
Reading Time: 4 minutesWASHINGTON — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about...
by ezTaxReturn Expert Staff | Apr 19, 2023 | IRS & Government
Reading Time: < 1 minuteThe IRS has some advice for taxpayers who missed the tax filing deadline. File as soon as possible. If you owe federal income tax, you should file and pay as soon as you can to minimize any penalty and interest charges. There is no penalty...
por Personal experto de ezTaxReturn | Jan 13, 2023 | IRS & Government
Reading Time: 7 minutesWASHINGTON — The Internal Revenue Service today announced Monday, January 23,2023, as the beginning of the nation’s 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual...
por Personal experto de ezTaxReturn | Jan 13, 2023 | IRS & Government
Reading Time: 2 minutesIn recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig. The IRS Gig...
by ezTaxReturn Expert Staff | Jan 10, 2023 | IRS & Government
Reading Time: 2 minutesOne of the first decisions taxpayers must make when completing a tax return is whether to take the standard deduction or itemize their deductions. There are several factors that can influence a taxpayer’s choice, including changes to their tax...
by ezTaxReturn Expert Staff | Jan 10, 2023 | IRS & Government
Reading Time: 2 minutesWASHINGTON – The Internal Revenue Service recently completed the final corrections of tax year 2020 accounts for taxpayers who overpaid their taxes on unemployment compensation they received in 2020. The American Rescue Plan Act of 2021, which...