How does the IRS apply payments?
Information on how the IRS applies payments towards tax liability The IRS will apply any undesignated payments or payments made through collection specification/resolution (i.e. levy,
September 20, 2022
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How to make an Individual Estimated Tax Payment
Explanation on Estimated Payment requirement and how to make it The Internal Revenue Service requires for certain individual taxpayers to make Estimated Tax Payments. Estimated
September 13, 2022
What does “Current and Compliant” mean?
Definition for the terms “Current and Compliant” in reference to tax liability Very simply, the term “Current and Compliant” means a taxpayer is: Current with
August 23, 2022
How to Make a Payment to the IRS
Instructions for making payments to the IRS The IRS provides multiple options to make a payment. Listed below are options and link to IRS instructions
August 16, 2022
How to Make a Payment to CA FTB
If you need to make a payment for outstanding tax due to the State of California Franchise Tax Board, you may use the following methods:
August 9, 2022
IRS News: IRS Strategic Plan FY 2022-2026, Tax Return Filing Reminder, & Email-phishing Scam
IRS Strategic Plan for Fiscal Year 2022-2026 The IRS recently released a new strategic, 5-year plan emphasizing the improvement of taxpayer services and tax administration.
July 29, 2022
Internal Revenue Service (IRS) Impersonation Scams
Scammers impersonating the IRS continue to claim victims in every state. Scammers take advantage of taxpayers by claiming they are IRS employees and attempt to
July 12, 2022
You Could Get More in CO TABOR Refund
Governor Jared Polis signed a new law (Senate Bill 22-233) on May 23, 2022, to enact an early CO TABOR surplus refund for the fiscal
July 5, 2022
IRS News: Mileage Rate, Voice Bot, Amend Tax Return Online, & Backlog
IRS Mileage Rate Increases The IRS announces an increase in the standard mileage rate for business travel for the final six months of 2022. Effective
June 28, 2022
Rare Mid-Year Mileage Rate Increase by the IRS
For the first time since 2011, the IRS announced a rare mid-year increase in the optional standard mileage rate. Usually, the IRS only updates the
June 14, 2022
IRS Payroll Tax Holiday
President Trump’s newly-signed Executive Order is aimed at helping employees keep more money in their pockets, but there have been a lot of questions on
September 9, 2020
Guide to Help Settle Back Taxes by Filing Late Tax Returns
If you haven’t filed your taxes for several years, the possibility of huge headaches and bigger penalties might scare you from ever taking care of
October 22, 2015