Entries by Josh

Understanding Your Letter 6416 or Letter 6416-A

What this letter is about Letters 6416 and 6416-A (both named Advance Child Tax Credit Outreach letter) were mailed by the IRS in June 2021. These letters estimate Child Tax Credit (CTC) amounts for tax year 2021 and tell taxpayers they may be eligible to receive advance CTC payments. If you received one of these […]

Tax Tip 2021-151: 2021 IRS Nationwide Tax Forum seminars now available online

Eighteen new seminars from the 2021 IRS Nationwide Tax Forum are now available on IRS Nationwide Tax Forums Online. These self-study seminars provide information using interactive videos, PowerPoint slides and audio transcripts. These and all other previously recorded sessions from prior IRS Nationwide Tax Forums will be available for $29 per seminar. Read More

IR-2021-200, IRS announces 2022 Tax Counseling for the Elderly and Volunteer Income Tax Assistance Program Grants

R-2021-200, Oct. 12, 2021 WASHINGTON – The Internal Revenue Service recently awarded over $41 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation. This year, the IRS awarded grants to 34 TCE and 300 VITA applicants. The IRS received 379 […]

Understanding taxpayer rights: The right to finality

Taxpayers interacting with the IRS have the right to finality. This right comes into play for taxpayers who are going through an audit. These taxpayers have the right to know when the IRS has finished the audit. This is one of ten basic rights — known collectively as the Taxpayer Bill of Rights. Read More