Capital City CPA

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Just this week someone asked about how to find a missing 1095-A.  Oftentimes a missing form comes up at the last minute ...
03/12/2025

Just this week someone asked about how to find a missing 1095-A. Oftentimes a missing form comes up at the last minute and can wildly swing a refund to tax being owed.

What a great customer service improvement by the IRS!

The IRS said Feb. 27 that it's adding the two information return documents to its IRS Individual Online Account tool, which the agency said will consolidate important tax records into one digital location.

Wonder what this means for states implementing their own direct free file programs.
03/09/2025

Wonder what this means for states implementing their own direct free file programs.

Dismissal notices went out Saturday to about 85 employees of 18F, a federal agency that works on improving government technology—effectively shutting down an office hailed a decade ago as Uncle Sam’s new tech startup.

It’s just about peak filing season but the IRS is apparently downsizing significantly…
02/27/2025

It’s just about peak filing season but the IRS is apparently downsizing significantly…

President Trump and his friend Elon Musk have fired thousands of government workers since Trump took office last month.

More guidance is definitely needed!
03/15/2024

More guidance is definitely needed!

The AICPA recommends that Treasury and the IRS clarify the meaning of important terms and certain examples within the section 6045 proposed regulations.

Here’s an important note for everyone nervous about receiving a 1099-K this year:
03/15/2024

Here’s an important note for everyone nervous about receiving a 1099-K this year:

With a lot of unreliable information on social media, the IRS has issued list of myths and facts about 1099-K forms to help taxpayers with filing: what to do with Form 1099-K.

Always good to see the IRS keeping tax payer tools up-to-date and increasing transparency!
03/09/2024

Always good to see the IRS keeping tax payer tools up-to-date and increasing transparency!

Recent improvements to Where's My Refund? on IRS.gov provide more information and remains the best way to check the status of a refund.

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