Amendment & Tax Return Processing Delays Create Difficulty for All
It’s no secret that the IRS has struggled to process taxpayer returns in a timely fashion since the pandemic started. Adding fuel to the fire, the pandemic created millions of taxpayers who desperately need their refunds in order to pay for living expenses. According to the Taxpayer Advocate Service, the IRS had a backlog of […]
Immigrant Tax Services in High Demand
Tax and immigration services are in high demand as immigration reform is on the horizon. All undocumented immigrants living and working in the United States need an Individual Taxpayer Identification Number (ITIN) in order to file and pay their taxes. ITIN holders are eligible for various tax credits which can result in tax refunds, but […]
Recovery Rebate Credits Getting Separated from 2020 Tax Refund?
Over the last few days, as federal refunds have started to get disbursed, we have been noticing some unexpected behavior regarding tax return acknowledgements and tax refund figures. While investigating refund figure changes, we noticed that the discrepancy appears to be the exact amount of the recovery rebate credit from line 30 on the 1040. […]
Get Your 2021 PTIN
IRS.gov/ptin is open for renewals for the coming year. Log into or, if you’re a new preparer, create your PTIN account, verify personal information, and pay for your PTIN. Payment is now required again after many years of no charge. Pay the $35.95 renewal fee via credit/debit/ATM card or eCheck. Upon completion of your application […]
PTIN Fees Return With Extra Fees
The IRS has announced the return of fees for a Preparer Tax Identification Number (PTIN). Additionally, they have outsourced processing of applications and payments so there is an additional fee on top of the basic application fee. The IRS fee is set to be $21 per application or renewal plus a $14.95 fee to the […]