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Tax Time Guide: Use the Where’s My Refund?

WASHINGTON — The Internal Revenue Service reminds taxpayers today that the fastest and easiest way to check on tax refunds is by using the Where's My Refund?  tool on IRS.gov or through the IRS2Go mobile app. This year, more than ever…
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Hotel Industry Forecasts Improving Market for Lodging

The hotel industry will continue moving toward recovery in 2022, but the path will be uneven and potentially volatile, and full recovery is still several years away, according to the American Hotel & Lodging Association (AHLA)’s 2022…
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41% of Workers Considering a New Job in 2022

For many workers, 2022 will be a chance to start anew, perhaps even with a new job, research from talent solutions and business consulting firm Robert Half shows. The company's biannual Job Optimism Survey of more than 2,400 professionals tracks…
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Top 5 things to remember when filing income tax returns in 2022

WASHINGTON — With filing season beginning January 24, the Internal Revenue Service reminded taxpayers about several key items to keep in mind when filing their federal income tax returns this year. Given the unprecedented circumstances…
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All third Economic Impact Payments issued

WASHINGTON – The Internal Revenue Service announced today that all third-round Economic Impact Payments have been issued and reminds people how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax return as…
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IRS begins 2022 tax season and urges extra caution for taxpayers

WASHINGTON — The Internal Revenue Service today kicked off the 2022 tax filing season with an urgent reminder to taxpayers to take extra precautions this year to file an accurate tax return electronically to help speed refunds. The start…
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IRS announces 401(k) limit increases to $20,500

WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS today also issued technical guidance regarding…
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Interest rates remain the same for the first quarter of 2022

WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. The rates will be: 3% for overpayments (two (2) percent in the case of a corporation), …
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Year-end giving reminder: Special tax deduction

WASHINGTON — The Internal Revenue Service today reminded taxpayers that a special tax provision will allow more Americans to easily deduct up to $600 in donations to qualifying charities on their 2021 federal income tax return. Ordinarily,…