Tax Resolution Solutions

12/18/2020

IR-2020-265, November 30, 2020 — The Internal Revenue Service and the Security Summit partners today issued warnings to all taxpayers and tax professionals to beware of scams and identity theft schemes by criminals taking advantage of the combination of holiday shopping, the approaching tax season...

07/30/2020

Did you get an official Rhode Island State Check signed by Mickey Mouse? Taxpayers who received a misprinted check can reach Taxation by phone 401-574-8829, option 3, or by email at [email protected]

When an NBC 10 viewer received a sales tax refund this week, she noticed some curious signatories at the bottom of the check: Mickey Mouse and Walt Disney. The names of Rhode Island General Treasurer Seth Magaziner and State Controller Peter Keenan should have been on the check, but a technical glit...

07/15/2020

Here's a cheat sheet to quickly assess which of your family members you can claim on your tax return.

06/19/2020

Most importantly for represented clients and those looking for representation, the practitioner priority service has reopened (though with limited staffing) meaning that we can now obtain information about your matter from the IRS.

IRS Commissioner Charles Rettig explained earlier this month that the IRS is reopening operations for employees with non-portable work.

05/23/2020

http://taxresolutionsolutions.com/payroll-tax-problems/

If you owe Payroll Taxes, you are in danger of losing your business……. The IRS Doesn’t Care About Your Financial Problems They Just Want You to Pay Your Payroll Taxes! The IRS doesn’t care if you can’t pay your employees. They don’t care if they put your employees out on the street. The...

04/15/2020

The IRS granted relief for a broad array of tax filing and payment deadlines that fall between April 1 and July 15, expanding on previous relief, as requested by the AICPA.

03/28/2020

But other interceptions, including for back taxes and student loans have been suspended.

But back taxes or late student loan payments don't disqualify people from getting the full amount they're eligible for.

03/04/2020

IRS is exempting from foreign trust reporting requirements certain tax-favored foreign trusts that are established and operated to provide pension or retirement benefits. Participants in foreign pension and retirement programs can even get back penalties for reporting gaffes they paid in the past.

02/09/2020

https://www.cpapracticeadvisor.com/tax-compliance/news/21124598/2020-tax-refund-schedule-when-will-you-get-your-irs-income-tax-refund

HomeTax2020 Tax Refund Schedule: When Will You get Your IRS Income Tax Refund?By Isaac M. O'Bannon, Managing EditorFeb 7th, 2020Updated: February 7, 2020 - 1:22.am ESTSHOW ME THE MONEY!!! -- The IRS started accepting 2020 income tax returns on Monday, January 27, so when will you get your tax refund...

01/16/2019

The IRS just authorized major tax penalty relief .

Some taxpayers who didn’t have enough money withheld from their paychecks last year won a reprieve from the IRS.

04/18/2018

The agency’s electronic filing system came back online early Tuesday evening after being down most of the day.