#IRS

Some Hawaiʻi taxpayers in disaster areas taxpayers now have until July 8 to file various federal individual and business tax returns and make tax payments.

U.S. Sen. Mazie Hirono, a Hawai‘i Democrat, is joined by 24 of her Senate colleagues in urging President Donald Trump’s Administration to restore staff and resources at Taxpayer Advocate Service, which assists taxpayers with resolving any issues within the Internal Revenue Service.

U.S. Sen. Mazie K. Hirono (D-HI) led the Hawai‘i Congressional delegation in urging the Internal Revenue Service Commissioner, Danny Werfel, to extend the 2023 federal tax filing and payment deadlines for individuals and businesses impacted by the Maui wildfires.

Those who haven’t filed their 2019 taxes have until July 17 to receive their unclaimed refunds.

If you need help with 1095A forms, The Legal Aid Society of Hawai‘i is ready to help consumers.

The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes, which will result in lower taxes for many Americans.

The Internal Revenue Service is sending special reminder letters to more than 9 million people who still could be eligible for a variety of key tax benefits.

For this round, the IRS identified approximately 4.6 million taxpayers who may be due an adjustment.

The IRS urges individuals and families who haven’t yet filed their 2020 return – or 2019 return – to do so as soon as possible so they can receive any advance payment they’re eligible for.

Updates regarding tax relief as a result of the COVID-19 pandemic can be found at IRS.gov.

Individual taxpayers do not need to file any forms or call the IRS to qualify for this automatic federal tax filing and payment relief.

The Internal Revenue Service urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for businesses that choose to keep their employees on the payroll.

The Internal Revenue Service and the Treasury Department will begin delivering a second round of stimulus checks to millions of Americans who received the first round of payments earlier this year.

Other scams purport to sell large quantities of medical supplies through the creation of fake shops, websites, social media accounts and email addresses where the criminal fails to deliver promised supplies after receiving funds.

Some callers reported they did not realize the card was from the government and thought it was junk mail or a scam card because they did not ask for it.

Their $1,200 payments will be issued soon and in order to add the $500 per eligible child amount to these payments, the IRS needs the dependent information before the payments are issued.

Reports are also swirling about bogus checks. If you receive a “check” in the mail now, it’s a fraud. It will take the Treasury Department a few weeks to distribute the payments.

Lum pleaded guilty in March of 2019 to aggravated identity theft in connection with the theft of government funds and failure to file a tax return.

Farmers and ranchers in all four major counties are eligible for federal assistance.

The new Tax Withholding Estimator offers taxpayers a more user-friendly, step-by-step tool for effectively tailoring the amount of income tax they have withheld from wages and pension payments.