This article includes the IRS roundup of changes for filing in 2023. These include changes to reporting rules for 1099-K, credits for dependants, and more people may be eligible for the Premium Tax Credit if they use the Health Insurance Marketplace.

Learn more about how this credit changes when filing in 2022 and what you can do to avoid a surprise on April 15th.

Read the full article for more details.

The tax agency faced a “challenging” year, leading to a growing backlog of tax returns, the taxpayer advocate says.

Read in CBS News:

The IRS is blaming “COVID-19 mail processing delays” related to processing paper tax returns due to closures made in an effort to slow COVID-19. The IRS has reported a backlog of 4.7 million paper filed tax returns. If your refund has still not arrive, you may want to reach out to the IRS National Taxpayer Advocate helpline at 877-777-4778 like the filers in this article.

Because of Governor Kemp’s latest Emergency Health order signed on April 8, 2020, our office doors will remain closed to the public through May 14th as a means of practicing social distancing and reducing group gatherings.

The new order does allow us to offer curbside service to our clients outside our front door effective Tuesday, April 28th. We will have a staff member out front on weekdays from 9:00 to 3:00 beginning at that time.

Also, please know that the IRS has extended the tax filing and payment deadline to July 15th.

With a new tax season approaching, it is vital to be aware of popular scams that can trick people out of thousands of dollars. Some of these include: telephone threats from callers pretending to work for the IRS, ghost tax return preparers pretending to be you, and charities taking advantage during natural disasters to collect donations.

This time they’re planning to limit the time period to withdraw from an inherited IRA.

Click the link below to read the full article on MarketWatch.com.

Mike Mason takes a look at what you can expect in 2019.

Here’s an interesting article about the new tax forms for 2018. As you can see, the shorter 1040 page itself doesn’t hide the fact that there are still quite a few schedules and attachments along with the familiar high volume of instructions that taxpayers will continue dealing with in order to file their tax returns each year. No surprises here.

We’re ready to help in any way we can.

Mike

Get Mike’s point of view on the new tax law and how it may affect you in this short 3-minute video.