If your income is below a certain level and you’re eligible to buy healthcare from the health insurance marketplace, you may be able to get your monthly premium subsidized under the Affordable Care Act. Many people think of this as something you automatically do or don’t get, but you can take a few steps to increase your subsidy.
A CP2000 notice is an IRS letter telling you that the IRS has adjusted your tax return and you owe money. It will usually contain the heading “Notice of Proposed Adjustment for Underpayment/Overpayment.”
Here are some of the most frequently asked questions about the available tax deductions for Hurricane Ida.
Hobby income is income, too. And just like any other income, the IRS wants its cut.
Did you get IRS Notice 1444 in the mail after receiving your coronavirus stimulus check? Do you need to get your stimulus check? Here’s what you should know.
Part of the American Rescue Plan Act is an advanced payment of the Child Tax Credit. Here’s how it will impact your 2021 taxes.
Is Wave Money a good solution for a small business checking account? Here’s what you need to know.
IRS Form 2848, Power of Attorney and Declaration of Representative, authorizes an Enrolled Agent, CPA, or attorney to represent you before the IRS. You may need one if you want someone to help you resolve a tax problem or back taxes.
A CP14 notice is a bill from the IRS when you owe unpaid taxes. One of the most common situations is if you filed a return with taxes owed but didn’t make a payment at the same time. You may also receive a CP14 notice after the IRS previously notified you it made changes to your return.