IRS Commissioner Charles Rettig stated recently that taxpayers should not file their 2021 return until the Additional Child Tax Credit (ACTC) has been reconciled either with IRS Letter 6419 (estimated mailing date January 21, 2022) sent to taxpayers or using IRS transcript data. During the 2019 tax filing season, over 10 million tax returns were held for manual processing causing an enormous backlog and delayed refunds. The IRS does not want this to happen again. Taxpayers may also be leaving money on the table if they do not reconcile their EIP payments. This presentation will teach Tax Pros the various resources they can use to reconcile the various payments to avoid delayed refunds.
Roger is considered the foremost authority on all things involving e-services and IRS transcripts since pioneering the IRS transcript analysis industry a decade ago launching Tax Help Software. Roger is a national speaker on tax industry best practices and consults with some of the largest tax software companies, accounting firms, tax resolution firms, and the IRS.
Catharine is a skilled attorney with diverse experiences in managing client relationships and employees. Since 2012, she has successfully helped clients and employees navigate the complex and bureaucratic rules of the Internal Revenue Service.