Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Royal Financial
2023 IRS Disaster Relief
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the IRS frequently pr
IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns
As of last week, the Internal Revenue Service (IRS) has taken decisive action to address concerns regarding the improper filing of Employee Retention
Calif. Disaster Victims Report Confusion Following IRS Notice
Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the F
Real Facts About Bogus Claims for the Employee Retention Credit
A new wave of advertising is churning up interest in a tax credit intended to help businesses and non-profits that tried to retain their employees dur
Direct File Pilot to Debut Next Tax Season
The Internal Revenue Service is moving ahead with a program that will offer taxpayers a new option for filing their 2023 returns next year. Dubbed “
Time Running Out to Claim Tax Year 2019 Refunds
The Internal Revenue Service says it has almost $1.5 billion in leftover tax refunds for 2019 taxpayers who haven’t filed—but the time remaining t