Tax season

If you thought last tax season was challenging, brace yourself.

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.

Keep your fingers crossed, but initial reports suggest things are going smoothly so far.

A group led by Sen. Mike Crapo is asking the IRS to do all it can to help taxpayers this tax season.

Accountants need to think outside the box and dig deeper into their workflow to ease pressure during busy season.

The agency is halting automated collection notices, balance due notices and unfiled tax return notices, after coming under pressure from lawmakers and tax professionals to first catch up on its backlog.

Democrats are risking the ire of voters inflamed by this year’s tax-filing season, as the stalling of President Biden’s economic package leaves them without promised benefits.

The service is setting up so-called “surge teams,” temporarily moving approximately 1,200 employees with previous experience back into key areas from other parts of the agency.

Here are some questions to consider while working on tax returns for your business clients with growth strategies.

The Internal Revenue Service backtracked from a plan to use facial recognition software from a third-party company for taxpayer authentication.

Senate Finance chair Ron Wyden weighed in on the use of third-party facial recognition software ID.me in a letter to Commissioner Rettig.