Have you been anxiously waiting for your tax refund, only to be met with the confusing Tax Topic 152 message? If so, you’re not alone in waiting to receive your refund. Millions of Americans count on their refunds, processed typically within 21 days, to pay bills or add to their savings. Receiving notification that your […]
As a self-employed individual, properly filing your Schedule SE each year remains a crucial responsibility when handling your own payroll tax obligations. However, numerous pitfalls exist when tackling this confusing form that can easily trigger IRS penalties and future tax headaches if not addressed early on. This comprehensive guide will overview key aspects of Schedule […]
If an IRS Code 150 appeared recently on your tax transcript, you may feel a knot in your stomach – but take a deep breath. The code simply indicates your return was received and is being processed. But what does that really mean for you and your tax situation? This comprehensive guide breaks down IRS Code […]
Will there be a fourth stimulus check? Here’s what the IRS says: If you’ve been holding out hope for another round of pandemic-style stimulus payments, the IRS has a clear message: Don’t hold your breath. As of February 2025, there are no plans for a fourth federal stimulus check, according to official statements and recent fact-checks. […]
The first time you notice a baffling three-digit code on your IRS tax transcript can be bewildering. The endless acronyms, numbers, and terminology seem purposefully confusing. But clarity is just an explanation away, especially for the common IRS Code 806 that puzzles taxpayers every year. Understanding IRS Code 806 is easier than you think. This […]
Tax fraud and identity theft can wreak financial havoc and nightmare stress when criminals impersonate you. Is fortifying your defenses worth the effort? Absolutely! This year, arm yourself and loved ones with a vital weapon – an Identity Protection PIN (IP PIN) provided for free directly through the IRS. We’ll demystify everything you need to […]