Tax season

Individual tax return preparation will be revved up going into the last month of tax season.

The accounting industry is suffering and something needs to change.

The service is hiring 5,000 people in the next two months and 10,000 by year's end, and has also added voice and chatbots to help boost taxpayer service.

There’s a glimmer of hope for frustrated taxpayers who have been unable to reach the service or have had their tax refunds held up by massive processing backlogs.

The service updated its FAQ on the Child Tax Credit on Tuesday with new information on eligibility and how to calculate the amount of the credits and payments.

The Internal Revenue Service is planning to increase the enrollment and renewal fees for enrolled agents, as the user fees for examinations are also set to rise.

The Internal Revenue Service posted a set of answers Wednesday to frequently asked questions on the Earned Income Tax Credit.

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.