HollyCPA

HollyCPA Thomas S Holly CPA PLLC is a Phoenix CPA firm providing comprehensive accounting and tax services fo

08/12/2020

Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov.

10/23/2018

The IRS encourages everyone to use the Withholding Calculator to do a Paycheck Checkup, which is even more important this year because of tax law changes. Taxpayers who haven’t yet done this can follow the steps below for using the calculator.

06/20/2018

Every year the IRS mails millions of letters to taxpayers for many reasons. Here are some tips and suggestions for taxpayers who receive one:

04/23/2018

WASHINGTON — While the federal income tax-filing deadline has passed for most people, there are some taxpayers still facing tax-related issues. This includes people who still haven’t filed, people who haven’t paid their taxes or those who are waiting for their tax refund.

04/17/2018

As the tax deadline nears and the demand for IRS tax help by phone is higher, the IRS encourages taxpayers to make IRS.gov their first stop when questions arise, as the website offers answers to many of the most common questions, like how to make tax and how to get forms and instructions. Other self...

04/17/2018

Fill in all requested Taxpayer Identification Numbers, usually Social Security numbers, including all dependents claimed on the tax return. Check only one filing status and the appropriate exemption boxes.

04/04/2018

The IRS reminds taxpayers to watch out for scams and schemes that put them and their personal information at risk. Each year, the IRS releases the top 12 scams, known as the Dirty Dozen. The schemes run the gamut from simple refund inflation to technical tax shelter deals.

04/03/2018

WASHINGTON — The Internal Revenue Service is reminding an estimated 1 million taxpayers that time is running out to file a 2014 tax return and claim refunds totaling more than $1 billion. To claim any refund due, taxpayers must file their 2014 federal tax return by April 17, 2018.

03/30/2018

WASHINGTON — The Internal Revenue Service today said that most tax refunds are issued in less than 21 days, although some may take longer. As of March 16, the IRS had already issued more than 61 million refunds averaging $2,960. Taxpayers can check the status of their refund online at IRS.gov by v...

03/30/2018

With recent tax law changes, the IRS urges taxpayers to look into whether they need to adjust their paycheck withholding and submit a new Form W-4 to their employer. Taxpayers can use the updated Withholding Calculator on IRS.gov to do a quick “paycheck checkup” to check that they’re not havin...

03/28/2018

The IRS encourages everyone to use the Withholding Calculator to perform a quick “paycheck checkup.” This is even more important this year because of recent tax law changes.

03/27/2018

The IRS recommends that taxpayers use the Withholding Calculator on IRS.gov to do a “paycheck checkup” to check that their employers withhold the correct amount of income tax from their paychecks.

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