The Internal Revenue Service (IRS) will be shutting down its Modernized e-File (MeF) system on November 18th, 2023, for annual maintenance. This means that taxpayers will not be able to e-file their individual income tax returns during this time. The MeF system is used by both taxpayers and tax preparers to e-file individual income tax […]

The PTIN portal is officially open for new 2024 PTINs and for PTIN renewals for 2024. A little bit of good news is that the price is a little less than it was last year. The fee to renew or obtain a PTIN for 2024 is $19.75. The fee is set at $11 per application […]

The Internal Revenue Service (IRS) has announced that it will reopen the Certifying Acceptance Agent (CAA) program in late 2023. The CAA program allows certain organizations to help taxpayers obtain Individual Taxpayer Identification Numbers (ITINs). ITINs are tax processing numbers issued to individuals who are not eligible for a Social Security number (SSN). The CAA […]

The Internal Revenue Service (IRS) has found itself embroiled in a controversy that has sent shockwaves through the financial and legal communities. Reports have surfaced indicating that thousands of crucial files and documents have been destroyed, leaving taxpayers and the IRS itself in a state of dismay and disbelief. In this blog post, we delve […]

As tax season rolls around, many people are realizing that their tax refunds are smaller than they were last year. While there are many factors that can impact the size of your refund, one major reason why tax refunds are smaller this year is due to tax credits changing back to pre-pandemic figures. During the […]