Beginning in 2017, a new law approved by Congress requires the IRS to hold refunds on tax returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit until mid-February. The IRS must hold the entire refund – even the portion not associated with the EITC and ACTC -- until at least Feb. 15. This change helps ensure that taxpayers get the refund they are owed by giving the agency more time to help detect and prevent fraud. As in past years, the IRS will begi

You may not have filed your federal income tax return for this year or previous years. Regardless of your reason for not filing a required return, Farris & Furlan LLC can help you. If you are required to file a return, but you cannot pay all of the tax due on your return, you may be able to establish a payment agreement with the IRS. If your return was not filed by the due date (including extensions of time to file), you may be subject to the failure to file penalty, unless y

IR-2016-155, Dec. 1, 2016 WASHINGTON — The Internal Revenue Service announced today the launch of an online application that will assist taxpayers with straightforward balance inquiries in a safe, easy and convenient way. This new and secure tool, available on IRS.gov allows taxpayers to view their IRS account balance, which will include the amount they owe for tax, penalties and interest. Taxpayers may also continue to take advantage of the various online payment options ava