Statement on IRS operations limited during the lapse in appropriations; regular tax deadlines remain

Posted by on Oct 28, 2025 in Advice Oct. 21, 2025 In-person services limited; IRS.gov, automated applications still available Due to the current lapse in appropriations, IRS operations are limited. However, the underlying tax law remains in effect, and all taxpayers must continue to meet their tax obligations as normal. Tax refunds will generally not be paid during this period with one key exception. For taxpayers filing a Form...
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IRS releases tax inflation adjustments for tax year 2026

Posted by on Oct 12, 2025 in Advice IR-2025-103, Oct. 9, 2025 WASHINGTON — The Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2025-32 PDF provides details about these annual adjustments. Notable changes under the One, Big, Beautiful Bill The tax year 2026 adjustments...
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Treasury, IRS issue guidance listing occupations where workers customarily and regularly receive tips under the One, Big, Beautiful Bill

Posted by on Oct 11, 2025 in Advice IR-2025-92, Sept. 19, 2025 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today provided guidance on “no tax on tips” provision. The One, Big, Beautiful Bill proposed regulations identify occupations customarily and regularly receive tips and define “qualified tips” eligible taxpayers may claim as a deduction. The proposed regulations list nearly 70...
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IRS to phase out paper tax refund checks starting with individual taxpayers

Posted by on Oct 10, 2025 in Advice IR-2025-94, Sept. 23, 2025 WASHINGTON — The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required by Executive Order 14247, to the extent permitted by law. This marks the first step of the broader transition to electronic payments. The IRS...
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Should I take More than my RMD?

Posted by on Oct 9, 2025 in Advice Taking more than your required minimum distribution (RMD) from a traditional IRA or 401(k) can be a strategic move in retirement. While it may seem counterintuitive to pay more in taxes now, a larger withdrawal can offer several long-term benefits. Here are five reasons to consider taking more than your RMD: * To Manage Future Tax Brackets: You may be in a lower tax bracket now than you...
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Need someone to prepare your tax return?

Posted by on Feb 19, 2025 in Advice There are various types of tax return preparers, including certified public accountants, enrolled agents, attorneys, and many others who don’t have a professional credential. You expect your preparer to be skilled in tax preparation and to accurately file your income tax return. You trust him or her with your most personal information. They know about your marriage, your income, your...
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IRS: Connecticut taxpayers impacted by storms qualify for tax relief; various deadlines postponed to June 17

Posted by on Jan 21, 2025 in Advice The Internal Revenue Service announced tax relief for individuals and businesses in parts of Connecticut affected by severe storms, flooding and a potential dam breach that began on Jan. 10. These taxpayers now have until June 17, 2024, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency...
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Home Energy Tax Credits Info Graphic

Posted by on Jan 17, 2025 in Advice
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Prepare to file in 2025: Get Ready for tax season with key updates, essential tips

Posted by on Jan 13, 2025 in Advice There are a number of things taxpayers can do to get ready as the start of the 2025 tax season approaches. The IRS’s Get Ready page on IRS.gov offers practical tips and resources to help taxpayers prepare. It highlights key updates and important steps for taxpayers to consider to make tax filing easier in 2025. Do more with an IRS Online Account Individuals can create or access their IRS Online...
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Benefits of creating an online IRS account for individuals

Posted by on Jan 6, 2025 in Advice Access tax records View key data from your most recently filed tax return, including your adjusted gross income, and access transcripts or tax compliance report Check your refund View digital copies of certain notices from the IRS View information about your Economic Impact payments View information about your advance Child Tax Credit payments View your audit status (currently available for...
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