Tax season

Tax professionals and their clients are dealing with extra challenges this tax season from tax breaks that ended last year and haven’t yet been extended, including the enhanced Child Tax Credit.

Using these seven steps during the busy season will enhance your client experience and boost your revenue.

The Internal Revenue Service is allowing taxpayers to create online accounts through a live, virtual interview with agents, instead of submitting a selfie or other biometric data, after a backlash erupted over privacy concerns.

In order for tax season to be successful, everyone must follow the system.

The service is expanding its capacity to process tax returns following criticisms from members of Congress about taxpayers waiting months for refunds.

The Internal Revenue Service had a backlog of over 17 million unprocessed tax returns from last year as of early February as the agency copes with an unprecedented workload during the current tax season.

Taxpayers who moved to another state during the pandemic to work remotely have been dealing with a more complicated tax season than usual.

The maker of TurboTax software reduced its fiscal second-quarter revenue forecast on a “slower forming tax season.”

The page aims to provide the latest about the current tax season, and the agency’s efforts to deal with the backlog of millions of previously filed returns.

The average refund issued so far this year is $2,201, down about $600 from the typical refund issued last year, according to the IRS.