January 13, 2021 Did you mail a paper return to the IRS? Here is an update from the IRS website. The IRS is now opening mail within normal timeframes. The IRS has also made significant progress in processing returns. As of December 25, 2020, they had 6.9 million individual tax returns in the processing pipeline. […]
Filed an Individual Tax Return (Form 1040), a Business Tax Return or an Amended Return The IRS has made significant progress in opening backlogged mail. While, as of November 24, 2020, they had 7.1 million unprocessed individual tax returns and 2.3 million unprocessed business returns, the IRS expects to issue all refunds for 2019 individual […]
Some popular tax preparation software is relatively inexpensive, but what does using software to prepare your taxes really cost you? Missed deductions and tax credits, improper or overlooked tax elections, unnecessary penalties, and neglected long-term tax planning can be very expensive. Are you familiar with the rules and qualified to tackle your taxes by yourself? […]
If you filed an amended tax return, here is what you need to know to check the status of your amended tax return. First of all the Where’s My Amended Return? gives you the status of your amended tax return. therefore, you can start checking on its status three weeks after you’ve mailed it. As […]
