IRS Letter 5071C Identity Verification ServiceKey HighlightsIf the IRS thinks there might be a problem with your tax return, they might send you an IRS letter. This letter will ask you to prove who you are.This IRS letter is called 5071C. It helps keep you safe from...
How to Respond to Your IRS CP2000 Notice EffectivelyKey HighlightsAn IRS CP2000 notice shows there is a difference between your tax return and the information that third parties gave to the IRS.This notice is not a bill, but it does show some proposed changes. These...
Trump’s $2,000 dividend checks depend on tariff revenue. When will you might get yours?Key HighlightsHere are the main points from president Donald Trump’s latest plan:President Donald Trump wants to send $2,000 rebate checks to most people in the U.S., as...
NexGen Taxes is helping taxpayers with cutting-edge technology, personalized service, and a deep understanding of the latest tax laws get their maximum refunds In a surprising twist revealed by the IRS, tax refunds have not only bounced back but are showing a...
IRS Reminds Time Running Out for Non-tax Filers to Claim Recovery Rebate Credit Attention to all who may qualify for the Recovery Rebate Credit from the IRS: Time is ticking to file your tax return and secure your rightfully owed funds! Amid the pandemic, many...
IRS Reports Delay in Form 1099-K $600 Reporting Requirement for Third Party Platform Payments Like Venmo and PayPal in 2023 Almost everyone who has ever used payment facilitators such as Venmo or PayPal have been anxiously worried about the 1099-K reporting of...
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