Daily News
Below please find daily updates pertaining to the latest in financial, business, and tax news:
Taxpayer Advocate Service Feed
Section 403 of the TAS Act Would Clarify the Taxpayer Advocate Service’s Ability to Access Information
Tue, Jul 15, 2025I have posted several times about the discussion draft of the Taxpayer Assistance and Service Act since it was jointly released […] The post Section 403 of the TAS Act Would Clarify the Taxpayer Advocate Service’s Ability to Access Information appeared first on Taxpayer Advocate Service. ...
What to do if you receive notification your tax return is being examined or audited
Tue, Jul 15, 2025What to do if you receive notification your tax return is being examined or audited If the IRS selects your […] The post What to do if you receive notification your tax return is being examined or audited appeared first on Taxpayer Advocate Service. ...
Avoiding Common Mistakes When Claiming Credits
Wed, Jul 09, 2025Avoiding Common Mistakes When Claiming Credits There are many credits available for families with dependents, but sometimes the qualifications for […] The post Avoiding Common Mistakes When Claiming Credits appeared first on Taxpayer Advocate Service. ...
Use caution when paying or receiving payments from friends or family members using cash payment apps
Wed, Jul 09, 2025Digital Payment Applications & Taxes Here’s something important to pay attention to if you use certain cash applications to send […] The post Use caution when paying or receiving payments from friends or family members using cash payment apps appeared first on Taxpayer Advocate Service. ...
Section 603 of the TAS Act Could Help Taxpayers Get Refunds Faster
Tue, Jul 08, 2025On January 30, 2025, Senator Mike Crapo, chairman of the Senate Finance Committee, and Senator Ron Wyden, the Committee’s ranking […] The post Section 603 of the TAS Act Could Help Taxpayers Get Refunds Faster appeared first on Taxpayer Advocate Service. ...
The Tax Ramifications of Tying the Knot
Tue, Jul 01, 2025When you get married, your tax situation changes. Your marital status as of December 31 determines your tax filing options […] The post The Tax Ramifications of Tying the Knot appeared first on Taxpayer Advocate Service. ...
Use the Tax Withholding Estimator and Take Action on Your Tax Withholding Now
Tue, Jul 01, 2025The Taxpayer Advocate Service encourages you to use the Tax Withholding Estimator now. Who should use it and why now? […] The post Use the Tax Withholding Estimator and Take Action on Your Tax Withholding Now appeared first on Taxpayer Advocate Service. ...
Rain or Shine: The IRS Must Prepare Now for Next Year’s Filing Season
Thu, Jun 26, 2025On June 25, I released my mid-year Fiscal Year 2026 Objectives Report to Congress. In it, I praise the IRS […] The post Rain or Shine: The IRS Must Prepare Now for Next Year’s Filing Season appeared first on Taxpayer Advocate Service. ...
National Taxpayer Advocate Issues Mid-Year Report to Congress; Highlights Successful 2025 Filing Season and Challenges for 2026
Wed, Jun 25, 2025National Taxpayer Advocate Erin M. Collins today released her Fiscal Year 2026 Objectives Report to Congress, highlighting a largely successful […] The post National Taxpayer Advocate Issues Mid-Year Report to Congress; Highlights Successful 2025 Filing Season and Challenges for 2026 appeared first on Taxpayer Advocate Service. ...
Criminal VDP: TAS Reports a Win For Taxpayers – IRS Agrees to Remove Willfulness Checkbox on VDP Application Form
Tue, Jun 24, 2025It is that time of year again – school is out and so are report cards. It is also time […] The post Criminal VDP: TAS Reports a Win For Taxpayers – IRS Agrees to Remove Willfulness Checkbox on VDP Application Form appeared first on Taxpayer Advocate Service. ...