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IRS Tax Season To Include An Easier User Experience  

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The IRS has announced that beginning Jan. 29 they’ll begin accepting and processing all 2023 tax forms with an updated IRS Direct File pilot. The majority of online tax services can receive electronic filings early and store them until the IRS is prepared to start processing them later this month.  In anticipation of the start of the filing season, IRS ...

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How To Calculate Adjusted Gross Monthly Income?

money and calculator

One of the first steps in calculating your taxable income is calculating adjusted gross income (AGI). You can calculate your tax due for the year once you’ve determined your adjusted gross income. This article will teach you how to calculate your adjusted gross income (AGI). However, you can decide if you need to file a tax return for the year ...

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Don’t Wait: File Your Tax Returns Early In 2023

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Although California residents and businesses affected by severe winter storms have until Oct. 16 to file their federal taxes, local experts advise that filing early is better to avoid potential issues this tax season. The IRS announced on Feb. 24 that taxpayers living in any area designated by the Federal Emergency Management Agency (FEMA) in California, Alabama and Georgia automatically ...

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IRS Announces Early Start Date For Tax Filing Season This Year

On Monday, the Internal Revenue Service (IRS) announced that the tax filing season would begin earlier than usual in 2022. The IRS released a statement on Monday that the 2022 tax filing season would begin on Jan. 24, during which they are set to begin accepting and processing tax returns. “Planning for the nation’s filing season process is a massive ...

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Lost Important Financial Documents? Here’s What To Do

Financial Report

Your financial documents are crucial for a variety of reasons. They are most important for filing your taxes, and without them, you will have serious issues. Whether as an individual or a business owner, losing vital financial documents can cost you time and money, primarily when being audited by the IRS. However, the IRS recognizes that records can get lost ...

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IRS Reminds Santa Clarita Taxpayers Of Upcoming Tax Day

With the 2019 tax-filing deadline just days away, the Internal Revenue Service reminds the 50 million taxpayers, including those in Santa Clarita, who have yet to file their tax returns that there are a variety of options to help them in the final days of tax-filing season. About 153 million individual tax returns for the 2018 tax year are expected ...

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IRS Releases 2019 ‘Dirty Dozen’ Tax Scams, Potential Impact For Santa Clarita

The Internal Revenue Service (IRS) has released its 2019 “Dirty Dozen” list of 12 tax scams that Santa Clarita residents should be on the lookout for. This year’s list includes a wide variety of schemes that taxpayers may encounter at any time, although many may peak during tax-filing season, according to officials. “The schemes run the gamut from simple refund ...

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IRS Warns Santa Clarita Of Phone Scam Using Taxpayer Advocate Service Numbers

The Internal Revenue Service warned Santa Clarita residents about a new twist on the IRS impersonation phone scam whereby criminals fake calls from the Taxpayer Advocate Service (TAS), an independent organization within the IRS. Similar to other IRS impersonation scams, thieves make unsolicited phone calls to their intended victims fraudulently claiming to be from the IRS. In this most recent ...

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Santa Clarita Residents May Be Able To Claim Millions In Tax Refunds

The Internal Revenue Service has announced that there is over $100 million in unclaimed tax refunds for California that Santa Clarita residents may be able to claim. Almost $1.4 billion of unclaimed tax returns from 2015 could be owed to an estimated 1.2 million taxpayers across the country, with an estimated $124,397,000 coming from California residents alone. “We’re trying to ...

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Internal Revenue Service Warns Public Of “Ghost” Tax Return Scammers

The Los Angeles County Sheriff’s Department and the Internal Revenue Service are warning the public of a tax season scam that may affect Santa Clarita residents. It’s tax season and the IRS is warning taxpayers to avoid the dangers of “ghost” tax return scammers These fraudster “Ghost” preparers advertise online or appear in public as legitimate tax preparers. Once they ...

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