The advance child tax credit allows qualifying families to receive early payments of the tax credit many people may claim on their 2021 tax return during the 2022 tax filing season.

In Revenue Procedure 2021-34, IRS has provided procedures for taxpayers to obtain automatic consent to change methods of accounting to comply with final regs regarding Code Sec.

In recent years, the IRS has made great progress in offering taxpayers digital alternatives that made their tax responsibilities less burdensome.

IRS has set out how self-employed individuals and household employers should make payments of social security taxes that they deferred under a provision of the 2020 Coronavirus Aid, Relief, and Eco

The IRS has updated frequently asked questions (FAQs)on the paid sick and family leave tax credits under the American Rescue Plan Act of 2021 (ARP).

Last fall, the Internal Revenue Service announced that it was adding QR, or Quick Response, codes to some of the notices it sends taxpayers.

Under the “What Can You Expect” section of the Mission-critical functions webpage, the IRS states it is opening mail within normal timeframes and all paper and electronic individual returns receive

An IRS online account is a safe and easy way for individual taxpayers to view specific details about their federal tax account.

The IRS has provided instructions for returning advance child tax credit payments (CTCs) that the recipient did not qualify for or, for other reasons, wishes to return.