The National Taxpayer Advocate’s 2021 Annual Report to Congress and the fifth edition of the National Taxpayer Advocate’s Purple Book... presents legislative recommendations designed to strengthen taxpayer rights and improve tax administration for all taxpayers.
National Taxpayer Advocate Erin M. Collins today released her 2021 Annual Report to Congress, calling calendar year 2021 “the most challenging year taxpayers and tax professionals have ever experienced.”
Making our website available in Spanish helps individuals get the information they need, learn about their taxpayer rights, read updates on the IRS, discover what TAS can do to assist taxpayers, find available resources, get tax news and information, and more...
The Collection Statute Expiration Date (CSED) marks the end of the collection period, the time period established by law when the IRS can collect taxes. The CSED is normally ten years from the date of the assessment.
Many businesses need to invest in heavy sport utility vehicles (SUVs) to transport equipment and provide timely services. Fortunately, they may be able to claim valuable tax deductions for the purchases. If you’re thinking about buying one (or if your bought one in 2021), brush up on the tax rules.
The IRS announced on December 22, 2021 that taxpayers in six states affected by Hurricane Ida will now have until February 15, 2022 to file various individual and business tax returns and make tax payments.
The IRS issued a ‘Get ready for taxes’ message to help you prepare for filing your tax return this year. It includes information on how to get banked now (so you can receive a direct deposit), and information about qualifying charitable deductions for taxpayers who do not itemize their deductions.
If you file your own federal tax return, be cautious and go to one of the Taxpayer Advocate Service’s (TAS) free pre-filing season events... We’ll explain what items and errors can cause IRS delays when processing your tax return, so you can avoid them this filing season.
Taxpayers generally have to start taking withdrawals from their IRA, SEP IRA, SIMPLE IRA, or retirement plan account(s) when reaching age 72 (70 ½ if you were born before July 1, 1949). These withdrawals, called required minimum distributions, are the minimum amounts you must withdraw from your account each year...
TAS Tax Tip: Join us in January for pre-filing tax tips to make this filing season go a lot smoother
Taxpayer Advocate offices around the country will be conducting Pre-Filing Season events in January 2022. We will share tax tips to help you avoid common tax filling errors this tax season, so your tax return is ready to go this year.