$1.2 billion in IRS penalty relief refunds coming for certain 2019 and 2020 tax returns To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late. To qualify for this relief, any eligible income […]
PROTECTION PLUS Protection Plus is now included with all Individual Returns prepared by CD Tax & Financial. There is no charge for this peace of mind protection! Protection Plus is the leading audit assistance and identity theft restoration provider in the tax industry. Tax Protection Plus provides assistance for both federal and state returns. At […]
Tips for Taxpayers Who Receive an IRS Notice Receiving a notice from the Internal Revenue Service is usually no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in the mailbox, here are ten things you should know. 1) Don’t panic. Many of […]
IRS People First Initiative provides relief to taxpayers. IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program. Due to COVID-19, the IRS is providing relief on a variety of issues as part of the People First Initiative. The IRS is modifying certain activities through the filing and payment deadline, Wednesday, July […]
It is possible that this year, certain taxpayers will receive a CP2000 notice from the IRS. The Notice provides detailed information about problems identified by the IRS. Here is some information to help you understand why you received a notice from the IRS and what you can do: The IRS sends a CP2000 notice to […]
