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Damawa Tax & Accounting Services, LLC

2022 Tax Filing Season Begins Jan. 24

IR-2022-08, January 10, 2022 WASHINGTON — The Internal Revenue Service announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January...

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Damawa Tax & Accounting Services, LLC

IRS issues standard mileage rates for 2022

IR-2021-251, December 17, 2021 WASHINGTON — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving...

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Damawa Tax & Accounting Services, LLC

Letters to Advance Child Tax Credit Recipients

IR-2021-255, December 22, 2021 WASHINGTON — The Internal Revenue Service announced today that it will issue information letters to Advance Child Tax Credit recipients starting in December and to recipients of the third round of the Economic...

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Damawa Tax & Accounting Services, LLC

Taxpayers Can Add Bank Information – IRS

Taxpayers who file income tax in 2018 or 2019 without their bank information, can now add it to this IRS link https://sa.www4.irs.gov/irfof-wmsp/login… for direct deposit of their "Economic Impact/Stimulus Payment" check due to COVID-19....

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Damawa Tax & Accounting Services, LLC

Coronavirus Stimulus Checks: What You Need to Know

Who is getting the money first The people getting theirs first are the ones who filed tax returns in 2018 or 2019 and received funds through direct deposit. People who didn’t file taxes, are very low income or are older and don't...

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Damawa Tax & Accounting Services, LLC

New Tool to Help Register for Economic Impact Payments

IRS.gov feature helps people who normally don't file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information IR-2020-69, April 10, 2020 WASHINGTON — To help millions...

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