If you’re trying to secure college financial aid or determine your federal aid eligibility through a Free Application for Federal Student Aid (FAFSA), you may need to obtain a Verification of Non-filing (VNF) Letter from the Internal Revenue Service (IRS)….
If you’ve recently received a letter from the IRS stating that they “found a miscalculation on your 2020 Form 1040” caused by the Recovery Rebate Credit, keep reading. You’ve been waiting on a delayed 2020 refund for months and months…
Kids are expensive. The advance Child Tax Credit payments are here to help. But could this credit negatively affect your tax bill? Many of my clients have been asking if they should be worried about making bank from the government….
I know what you’re thinking: Hasn’t 2020 been bad enough without the government piling on some new tax laws we have to worry about? I totally agree with you there! While it’s true that tax law changes don’t typically benefit…
To many people, the IRS is a big, scary institution that makes demands, takes your money, and penalizes you for the smallest mistake. If that’s your view too, then you might be surprised to learn that the IRS is capable…
If you have lost your federal employer identification number, you can contact the IRS to request a copy of the EIN confirmation letter. To request a copy of the EIN Verification Letter (147C), complete the following steps: Call the IRS…
Yes, the IRS will allow a P.O. box address on your tax return only if your post office doesn’t deliver mail to your home. The W-9 and W-4 instructions do not specifically state if a P.O. box is allowed, however, the 1040 (tax return) instructions state that a P.O. box is allowed if mail is not delivered to your home address.
The number of people permanently working remotely is on the rise. For many, this is the first time working from home has been an option, so how to file taxes while telecommuting is a hot question right now. I want…
It is always a good practice to ensure your address on file with the IRS is up-to-date. Your mailing address is the ONLY way the IRS has to communicate with you. If they ever need to contact you (or send…
The $2 trillion relief bill will send money directly to Americans, greatly expand unemployment coverage and make a number of other changes. We have been reviewing the stimulus bill and have compiled a list of answers to frequently asked questions…
