The IRS has some useful tools on their website irs.gov. Be careful to make sure you use .gov after typing irs. Here are some of the tools: Where’s My Refund? To track the status of your refund after filing your individual return, click on Get your refund status. You will need: Make a Payment You […]
Archives for January 2025
What is an External Revenue Service?
Everyone is aware of what the Internal Revenue Service does, especially when they file their tax returns, but what exactly is an External Revenue Service and how would this impact you? Proposed Agency An External Revenue Service would be responsible for collecting tariffs from foreign goods that are sold in the U.S. Tariffs are expected […]
Be Aware of These Upcoming Tax Due Dates
The IRS issued a 14-page tax calendar publication, which is useful for helping with insomnia. Instead, here are some upcoming, common due dates that you should be aware of: January 31st March 17th (normally it is the 15th, but it falls on a Saturday this year) April 15th June 16th September 15th October 15th January […]
How Long to Keep Your Tax Records?
How long should you keep your tax records? The answer may surprise you and there are pitfalls to be aware of. The IRS provides general guidelines for common situations as follows: General Rules Pitfalls to be Aware of Since most records can easily be converted to electronic form, I recommend keeping your tax returns and […]