The IRS is continuing its processing of tax refund payments for eligible individuals who filed their 2024 returns. Those expecting a refund should check their eligibility for direct deposits, especially as the IRS finalizes payments in early July. With an average refund of $2,939, taxpayers are seeing slightly higher returns compared to 2024, reflecting a…
Some may owe taxes by breaking even or losing by gambling. SEE VIDEO
The IRS has acknowledged delays in processing some 2025 electronic tax payments, leading to confusion for taxpayers who received unexpected balance-due notices. At the same time, a major transition is underway to eliminate paper checks from all federal payments starting this fall. Read More
Summer has arrived, and states are beginning to implement policy changes that were enacted during this year’s legislative session (or that have delayed effective dates or are being phased in over time). Generally, most state individual and corporate income tax changes take effect on January 1, the beginning of the calendar year, for consistency through the tax year. However, some…
You may have paid a substantial amount of taxes to the government during your professional life, but it does not mean that you will stop paying taxes once you retire. There are states that tax your retirement income, too, other than a few. Here’s a look at some of the US regions that do not…
Some taxpayers have not yet filed their 2024 tax return. This is possible when they request an IRS filing extension, when they get tax relief and qualify for a later date, or when they are living outside the United States. For this last group of recipients, the Internal Revenue Service has set the deadline on…
FOR IMMEDIATE RELEASE: October 16, 2024 Justice Tax, LLC, a pillar in the tax debt resolution industry spanning over 20 years, is expanding for the third time since 2019. Although they just upsized their office in 2021, team expansion and increasing taxpayer demand has driven a need for Justice Tax to find a larger space…
Now that tax season has ended, many hard-working Americans may be overwhelmed by a hefty tax bill. Fortunately, the IRS offers an Offer in Compromise (OIC) option, which allows taxpayers to settle their tax debts for less than the total amount owed. However, qualifying for an OIC is not always easy, and it’s essential to…
For Immediate Release – June 7, 2023 On May 19th, 2023, Justice Tax, LLC held a bowling contest. What was the prize? The winning team got to choose which charity the company would make a sizable donation to. Employees were assigned to the Blue Team or the Red Team. The company added up the…
Tax season can be stressful for anyone, but it can be particularly challenging for 1099 workers and taxpayers over the age of 30 with bills, kids, and other responsibilities. Unfortunately, missing the deadline to file your 2022 tax return can have dire consequences, including IRS penalties and interest, back taxes, and back tax debt. In…
