How to Get an IRS Identity Protection PIN (IP PIN)?

Do you like to avoid fraudsters using stolen identities for filing false tax returns? It’s time to get your identity protection PIN. Take a look at the details about IP Pin and ways to get the number. What is the Identity Protection IP PIN? The IP PIN by the IRS and is a six-digit number. To avoid the misuse of the social security number on tax returns by fraudulent means, the IP PIN is beneficial. The IRS...

How to File Return to Receive Economic Impact Payments?

The eligible individuals of the United States of America will receive Economic Impact Payments of about $ 1200 for the individuals or up to $ 2400 for the married couples, under the Coronavirus Aid Relief and Economic Security (CARES) Act. For each qualifying child, the parent will also receive $ 500 for each child. To receive this Economic Impact Payments, the Internal Revenue Service IRS has announced two procedures. Procedures to receive the Economic Impact Payments The...

COVID-19 PANDEMIC PROMPTS MANY TAX CHANGES

The government responded to the COVID-19 pandemic by giving breaks for the American taxpayers from filing forms to paying taxes. Filing and Payment Suspensions The IRS released a notice stating that they are suspending much federal tax amount and filing deadlines to July 15, 2020. For people whose filing and paying falls on or after April 1, 2020, and before July 15, 2020. This applies to all the taxpayers. There will no penalty or interest for the...