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26
Jan

IRS kicks off 2023 tax filing season with returns due April 18

Written by accurateincometax
accurate income tax

IR-2023-11, January 23, 2023 WASHINGTON — The Internal Revenue Service kicked off the 2023 tax filing season with a focus on improving service and a reminder to taxpayers to file electronically with direct deposit to speed refunds and avoid delays. Following a successful

18
Jan

IRS provides tax inflation adjustments for tax year 2021.

Written by accurateincometax
accurate income tax

WASHINGTON — The Internal Revenue Service today announced the tax year 2021 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2020-45 PDF provides details about these annual adjustments. Highlights of changes in

18
Jan

IRS pushes start of 2021 tax season as online filing opens.

Written by accurateincometax
accurate income tax

(CNN) - Because of the pandemic and stimulus payments, the Internal Revenue Service will not start accepting federal tax returns until Feb. 12. The IRS announced the change, which shifts the start of tax season about a month later than usual, on

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