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- Written by: Anna O'Dell
- Category: Latest News
“We’re building long-term financial security for millions of children by creating tax-advantage investment accounts for U.S. citizens under the age of 18. “
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Read more: Trump Accounts help give the coming generation a jump on life
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- Written by: Johnny McEntyre - NTS
- Category: Latest News
IR-2023-12, January 24, 2023
WASHINGTON — The Internal Revenue Service today reminded taxpayers that they must again answer a digital asset question and report all digital asset-related income when they file their 2022 federal income tax return, as they did for fiscal year 2021. The term "digital assets" has replaced "virtual currencies," a term used in previous years.
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- Written by: Johnny McEntyre - NTS
- Category: Latest News
IR-2023-11, January 23, 2023
WASHINGTON — The Internal Revenue Service kicked off the 2023 tax filing season with a focus on improving service and a reminder to taxpayers to file electronically with direct deposit to speed refunds and avoid delays.
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Read more: IRS kicks off 2023 tax filing season with returns due April 18
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- Written by: Johnny McEntyre - NTS
- Category: Latest News
IR-2023-16, January 27, 2023
WASHINGTON – The Internal Revenue Service and partners nationwide today kicked off their Earned Income Tax Credit Awareness Day outreach campaign to help millions of Americans who earned $59,187 or less last year take advantage of the Earned Income Tax Credit (EITC).
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- Written by: Johnny McEntyre - NTS
- Category: Latest News
R-2023-13, January 24, 2023
WASHINGTON —The Internal Revenue Service today reminded taxpayers to choose a tax return preparer with care. Even though most tax return preparers provide honest, quality service, some may cause harm through fraud, identity theft and other scams.
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Read more: IRS reminds taxpayers: Choose a tax professional carefully