Electronic tax

Don’t Make These Common Tax Filing Mistakes If You Want Your IRS Refund Fast

Making a simple mistake on your tax return can have costly consequences. Getty Images This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file quickly, accurately and on time. The days of filing a tax return with pen and paper are long gone – the complexity of […]

Electronic tax

How Global Tax Administrations Are Using Blockchain Technology

This article will analyze some practical applications of blockchain technology in tax administrations around the world, then formulate some ideas for its potential expansion in the future. Examples of Blockchain in Tax Administrations In Finland, the tax administration has started working with banks on a blockchain system to track taxes on real estate transactions. In […]

Electronic tax

CCAV offers free tax preparation

LUBBOCK, Texas (KCBD) – Do you need help filing your taxes? Since 2002, an organization has been helping low-income working families across the Southern Plains, providing free tax preparation and e-filing services through its Voluntary Income Tax Assistance Program on income (VITA). The Coalition of Community Assistance Volunteer, Inc. (CCAV) is a nonprofit organization that […]

Electronic tax

2022 tax returns: tips to know when filing this year

The IRS expects a “difficult” year. It is more important than usual to avoid mistakes. DALLAS – I thought my unread mail stack was bad (actually it is). But the IRS has a mountain of mail. I told you not long ago how the tax agency has been out of office for much of the […]

Electronic tax

No tax experience? Perfect, the taxman wants to hire you

The Internal Revenue Service (IRS) has confirmed that the agency will offer 5,000 job openings and add high-tech customer support features to deal with its massive backlog tax returns and correspondence. “This is an exciting time to work for the Internal Revenue Service,” Ken Corbin, IRS taxpayer experience manager and commissioner of wages and investments, […]

Electronic income

Idahoans will begin receiving income tax refunds this month | Idaho

LEWISTON — The Idaho State Tax Commission begins issuing 2022 rebates in late March. Refunds automatically go to people who were full-year Idaho residents for 2020 and 2021 and who filed taxes for those years. This includes those who have filed grocery credit refund statements. The refund amount is either $75 per taxpayer and dependent […]

Electronic tax

If your life has changed in 2021, watch out for tax surprises

The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks or securities. The events of 2021 have not always gone as planned. A lingering pandemic, shifting government response and a flurry of […]

Electronic tax

Nigeria: LIRS reaffirms March 31 deadline for filing annual personal income tax returns

The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers, including the self-employed and employees under the PAYE scheme, to file their annual tax returns by March 31, 2022. This, he said in a statement, is in accordance with the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended). […]

Electronic tax

LIRS reaffirms March 31 deadline for filing annual personal income tax returns

Pursuant to the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended), the Lagos State Revenue Service (LIRS) has notified all individual taxpayers, including self-employed and pay-as-you-go employees. -earn (PAYE) to file their annual tax returns by March 31, 2022. A statement from LIRS explained yesterday that the requirement to file […]

Electronic income

If your life has changed in 2021, watch for tax surprises

The events of 2021 have not always gone as planned. A lingering pandemic, shifting government response and a wave of career changes meant that many people ended the year in a very different place from where they started. Now, as the tax filing deadline approaches, these life changes could bring a new wave of surprises […]

Electronic tax

Tax tip – Make sure you’re maximizing the benefits you’re entitled to if you’re First Nations, Inuit or Métis

OTTAWA (ON), March 3, 2022 /CNW/ – If you are First Nations, Inuit or Métis, you are subject to the same tax rules as any other resident of Canada unless your income is considered exempt from tax under section 87 of the Indian Act. To continue to receive your benefit and credit payments, you must […]

Electronic income

Do you qualify for the California Earned Income Tax Credit? Here’s how much you could get | State and Region

Hanh Truong the Sacramento Bee For those filing taxes for the first time this year – fair warning – you’re going to find yourself in a pile of tax returns, receipts and complex tax jargon. Among the large glossary of terms, make sure you know what “earned income tax credit” is so you can save […]

Electronic tax

Free tax filing assistance available

NYS Department of Taxation Virtual sessions pair taxpayers with tax service experts for free to guide them through the filing process. The New York State Department of Tax and Finance encourages Western New York residents in need of tax filing assistance to register for a free virtual session. Taxpayers with adjusted federal gross income of […]

Electronic tax

New Brunswick, tax filing season starts today!

FREDERICTON, N.B., February 21, 2022 /CNW/ – Canada Revenue Agency The Canada Revenue Agency (CRA) is committed to ensuring New Brunswick residents get the benefits and credits to which they are entitled. Due to the ongoing challenges of COVID-19, this will be another unique tax filing season. We are continually working to improve and adapt […]

Electronic tax

How to choose the best tax software to file your taxes

Image source: Getty Images File your taxes electronically can help get a refund as quickly as possible. Refunds are generally available in just 21 days or less for taxpayers who submit their returns electronically and who also request that their tax refunds be deposited directly into their Bank accounts rather than coming in the form […]

Electronic tax

Former Boston Grand Prix CFO gets 4 years for fraud and tax charges

BOSTON (AP) — A former top executive at the organization that tried to bring IndyCar racing to Boston was sentenced Tuesday to four years in prison for multiple tax evasion and fraud schemes. John F. Casey, 58, of Ipswich – branded a ‘consummate fraud’ by the judge – was also sentenced to three years probation […]

Electronic income

2022 Supplemental Security Income Update

THE Social Security payment schedule reveals when people can expect huge checks and when to ask for money if they haven’t already. SSI recipients include adults and children with disabilities or blindness whose income and resources are below specific financial limits. SSI payments are also made to people age 65 and older without disabilities who […]

Electronic income

Late and revised tax returns

The deadline for filing income tax returns (ITRs) for the fiscal year ending March 2021, in the case of individual taxpayers, was December 31, 2021. Missed this deadline? Pursuant to Section 139(4), any person who has not provided a return within the time limit may provide a late return and for fiscal year 20-21, such […]

Electronic income

Didn’t receive a tax return? here’s how to check status, file a complaint | Personal finance news

New Delhi: The Income Tax Department has already issued refunds worth Rs 1.67 lakh crores to the bank accounts of over 1.87 crore taxpayers across the country as of Feb 7, 2022. The ministry had pointed out that out of the total refunds, Rs 59,949 crore was refunded as personal income tax while Rs 1,07,099 […]

Electronic tax

Fraud Watch: tax scams on the scene | Lifestyles

Tax season is underway. This scene plays out too often: you gather all the paperwork, fill out the forms, and wait for a tax refund. Shortly after filing, you receive a notice from the Internal Revenue Service that your refund request has been denied; you have already received a refund based on your 2021 tax […]

Electronic tax

When will your tax refund arrive? Here’s how you can check

To get your refund faster, the IRS strongly recommends filing online and using direct deposit. Angela Lang/CNET If you submitted your 2021 tax return to the IRS and it was accepted, you could potentially get your refund this month if there are no errors. But when exactly should you expect your money to arrive? Once […]

Electronic tax

Will your tax refund take longer this year?

SAVANNAH, Ga. (WSAV) – Many people may be hoping for a quick tax refund this year, but you should know that the Internal Revenue Service has a backlog of up to 6 million unprocessed returns from of 2020. “We’re seeing some people getting refunds starting in 2019 when we file paper returns, so you don’t […]

Electronic income

AARP Offers Help With Income Tax Preparation | News

OMAK – AARP Foundation Tax Assistance Program schedules appointments for its free tax preparation and e-filing services. Due to the limitations of the COVID-19 pandemic, traditional face-to-face preparation with a Tax-Aide counselor is being replaced with a low-contact approach, said an announcement from Paul Nash, District 15 Washington Coordinator for Tax. -Aid. Anyone in Okanogan […]

Electronic tax

If you applied for unemployment insurance in 2021, your 1099-G tax form is ready

SPRINGFIELD, Ill. (WIFR) – On Monday, the Illinois Department of Employment Security (IDES) announced that claimants who received Unemployment Insurance (UI) benefits in 2021 can now access their tax forms 1099-G. Claimants who received unemployment insurance benefits last year need IDES tax form 1099-G to file their state and federal income tax returns. This includes […]

Electronic income

More Americans eligible for earned income tax credit in 2022

through: Cris BelleNexstar Multimedia Cable Job : January 30, 2022 / 2:43 PM EST / Update: January 30, 2022 / 2:43 PM EST (AP Photo/Susan Walsh, File) (WJW) — The Internal Revenue Service says more people without children are now eligible for greater tax relief. The earned income tax credit is the federal government’s largest […]

Electronic tax

Florida man admits illegally accessing IRS system and fraudulently filing tax returns | USAO-NDWV

WHEELING, WEST VIRGINIA — Keith Joseph, of Miami, Fla., has admitted to committing wire fraud and aggravated identity theft, U.S. Attorney William Ihlenfeld said. Joseph, 37, pleaded guilty today to one count of ‘wire fraud’ and one count of ‘aggravated identity theft’. Joseph admitted to fraudulently accessing the Internal Revenue Service (IRS) online taxpayer authentication […]

Electronic tax

Two letters from the IRS to watch for this tax season

FILE – In this March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building is seen in Washington. (AP Photo/Susan Walsh, File) (NEXSTAR) – Tax season officially started on Monday, January 24. As you prepare to file your 2021 taxes, you’ll want to watch for two letters from the IRS to […]

Electronic tax

2022 IRS Tax Refund Dates: When to Expect Your Refund

Updated: January 24, 2022: 1:21 p.m. ET Will the 2022 tax filing season be normal? According to tax lawyer Ken Berry, it is unlikely that in the spring of 2022 everything will be like in 2019 or before. Covid-19 will still be a concern, multiple stimulus tax laws will still be difficult for some filers, […]

Electronic tax

5 things to know on Monday

USPS to start shipping free COVID-19 tests Free COVID-19 test kits for people who ordered them from COVIDtests.gov will begin shipping through the US Postal Service this week, according to the government’s website. Americans are supposed to be able to order four kits per address under a federal program launched last week. Tests should be […]

Electronic tax

Tips from the IRS to get your tax refund faster

(NEXSTAR) – It’s almost that time of year again, when we keep our fingers crossed and hope to get some money back after filing our taxes – and for those who owe money, the IRS has a few advice on prompt refunds. The majority of Americans already use direct deposit to get their refunds, but […]

Electronic tax

Program to manage the filing of income tax returns

PORT ANGELES — The Northern Olympic Library System and AARP Foundation Tax Aid will host a Zoom meeting to discuss 2021 tax filings at 11 a.m. Saturday. Registration is not compulsory. To join the Zoom meeting by video, go to bit.ly/TaxHelpZoom, or by phone by dialing 253-215-8782. The meeting ID is 841 9631 9224. The […]

Electronic tax

Eligible Tamarac residents get free tax filing assistance starting Jan. 25 • Tamarac Talk

By Agrippina Fadel Qualified residents can get help preparing their tax returns for free, with in-person and online appointments available. Broward’s tax pro, formerly known as the Volunteer Income Tax Assistance (VITA) program, and Hispanic Unity of Florida help families and individuals with annual household incomes below $66,000 prepare their taxes for free. Participating certified […]

Electronic income

File Idaho Tax Returns Starting Jan. 24 – Dailyfly.com Lewis-Clark Valley Community

Idaho State Tax Commission WOODED – The Idaho State Tax Commission begins processing Idaho personal income tax returns for 2021 on Monday, Jan. 24. The Internal Revenue Service begins processing federal returns the same day. Filing your return electronically is the safest and easiest way to file. It is also the fastest way to receive […]

Electronic income

Volunteer Income Tax Assistance Program Held at Bremer County Extension Office | Waverly Logs

If you have limited income and need help preparing and filing your tax return electronically, the Voluntary Income Tax Assistance (VITA) program may be able to help. . Each year, IRS-certified volunteers serve taxpayers throughout Iowa, providing free assistance with the preparation and electronic filing of basic tax returns. Iowa State University Extension and Outreach […]

Electronic tax

Prepare for the Tax Preparer – Monterey Herald

Question: My parents have taken care of preparing my tax return since I started working in high school. However, this year I am on my own and plan to use my own tax preparer. What information should I provide to the preparer? Responnse: Here is a fairly general list of information that tax preparers like […]

Electronic job

First job? Here’s what you need to know about filing your federal taxes

Sarah Tew / CNET Receiving your first paycheck is a liberating experience, but it is also a big step in the world of financial responsibility. You might also be surprised that your first paycheck isn’t as high as you expect, due to federal, social security, state, and other local taxes. Some of us don’t think […]

Electronic tax

Tax return: CBDT issues refunds of Rs 1.54 Lakh Crore to taxpayers

Latest news from the tax return: In a new notification, the income tax department said on Thursday it had issued refunds of over Rs 1.54 lakh crore to over 1.59 crore taxpayers so far this fiscal year. Notably, the IT reimbursement includes 1.20 crore of reimbursement for the assessment year 2021-22 (fiscal year ended March […]

Electronic tax

The Day – Progressives urge Lamont to give permanent tax breaks to the poor

While Gov. Ned Lamont on Wednesday touted his intention to share one-time federal COVID relief funds with the working poor in Connecticut, progressive reformers then urged him to get permanent relief for low- and middle-income families. . But that would require spending state money, not handing out aid from Washington – which the fiscally moderate […]

Electronic tax

H&R Block gives advice before tax season

Western UP, Michigan (WLUC) – Whether you’re dreading it or expecting good returns, it’s that time of year again: tax season. The IRS will begin accepting federal tax returns in less than two weeks. “On January 24, the electronic door to the IRS will open and they will start accepting and processing tax returns,” said […]

Electronic tax

USI students who want to prepare their taxes through the Volunteer Income Tax (VITA) program

Image copyright: USI Photography and Multimedia As part of the Volunteer Income Tax Assistance (VITA) program, students at the University of Southern Indiana’s Roman College of Business will provide free federal and state income tax preparation on Monday evenings. The service is open to students, faculty, staff and the general public. The sessions will be […]

Electronic income

Tax Return Verification (ITR) Can Be Done Offline Or Online: 5 Methods

Tax Return Verification (ITR) Can Be Done Offline Or Online: 5 Methods | Photo credit: iStock Images The deadline for filing the extended income tax return (RTI) for employees for the 2022 valuation year (AY22) was December 31, 2021. Congratulations on having respected it, but the process for filing the RTI n ‘is only completed […]

Electronic income

CBDT Extends Tax Filing Deadline To March 15

The Central Commission for Direct Taxes (CBDT) on Tuesday extended the deadline for filing the income tax return (ITR) for the tax year 2021-2022 until March 15, 2022, for specific eligible taxpayers to control, according to a statement from the Ministry of Finance. informed. “Considering the difficulties reported by taxpayers and other stakeholders due to […]

Electronic income

When to expect your 2022 IRS income tax refund – Table of dates for tax refunds

Update: January 10, 2022: 7:47 a.m. ET Will the 2022 tax season be normal? According to tax lawyer Ken Berry, it is unlikely that in the spring of 2022, everything will be as in 2019 or before. Covid-19 will always be a concern, several stimulus tax laws will still be difficult for some filers, and […]

Electronic income

Guide to filing US income tax for estates and trusts

What is Form 1041: United States Income Tax Return for Estates and Trusts? Form 1041 is an Internal Revenue Service (IRS) income tax return filed by the estate, trust, or bankruptcy trustee of a national deceased. Part of Section 1041 of the Internal Revenue Code (IRC), Form 1041 is intended to report any taxable income […]

Electronic tax

An electronic tax system withheld at source soon to be implemented

DOULOT AKTER MALA | Posted: 01 Aug 2021 08:42:59 | Update: 05 Aug 2021 09:16:41 Taxpayers could soon regularize or claim a tax credit or request reimbursement of their withholding income tax (AIT) paid under the electronic withholding system (e-TDS). The tax administration has prepared a system to introduce e-TDS in all income tax offices […]

Electronic tax

Electronic Tax Return May Increase Return Speed ​​| News

Eau Claire (WQOW) – The May 17th tax deadline is just around the corner, here’s what the extended deadline means before filing. Initially set for April 15, the tax deadline has been extended by one month due to changes in national and state laws on loans, stimulus packages, software updates and unemployment. If you haven’t […]

Electronic tax

IRS accepts applications to serve on the Electronic Tax Administration Advisory Committee (ETAAC)

The Internal Revenue Service seeks qualified candidates for appointment to the Advisory Committee on Electronic Tax Administration. ETAAC provides an organized public forum for the discussion of e-tax administration issues – such as the prevention of identity theft and refund fraud – in support of the overarching goal of paperless filing should be the preferred […]

Electronic tax

Bill would ban IRS from creating free electronic tax filing system: NPR

NPR’s Rachel Martin talks to ProPublica reporter Justin Elliott about a bipartisan Congressional move that could bar the Internal Revenue Service from offering free online tax filing, STEVE INSKEEP, HTE: It’s April 15th, which means you need to file your taxes by midnight if you haven’t already. If you want to file online, you usually […]