by Dons Income Tax Service Inc | Apr 15, 2022 | Tax Tips and News
The Internal Revenue Service wants taxpayers to know it has revised some of the frequently asked questions (FAQs) surrounding the Recovery Rebate Credit for a second time. The newly updated information is contained in Topic E of Fact Sheet 2022-26, and covers...
by Dons Income Tax Service Inc | Apr 11, 2022 | Tax Tips and News
For millions of American taxpayers, the foremost question in their minds during tax season is how long it will take to get their refund. The Internal Revenue Service has been pretty firm on the answer, maintaining that most refunds make their way into taxpayers’...
by Dons Income Tax Service Inc | Apr 8, 2022 | Tax Tips and News
For millions of American taxpayers, all that stands between them and a big tax bill when they file are estimated tax payments. By putting away funds every quarter for their income taxes throughout the tax year, self-employed taxpayers, retirees and investors, in...
by Dons Income Tax Service Inc | Apr 5, 2022 | Tax Tips and News
Those who own or control financial or bank accounts that are in a foreign country have some reporting to do, and soon. They have to file an annual Report of Foreign Bank and Financial Accounts—also known as the FBAR—on or before April 15. Taxpayers who miss the April...
by Dons Income Tax Service Inc | Apr 2, 2022 | Tax Tips and News
The Internal Revenue Service is going the extra mile to ensure taxpayers have the newest information on the third-round Economic Impact Payment. The agency’s frequently asked questions on the third-round payment have been updated with new dates and other information...
