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    Month: March 2026

    IRS Delays of Refunds Requested by Check

    As discussed in our post on January 29, 2026, the IRS is sending a CP53E notice in the mail to taxpayers who request a refund by check. The notice requests that taxpayers provide bank account information for the direct deposit of the refund through an IRS online account. Taxpayers can create an IRS online account at: https://www.irs.gov/payments/online-account-for-individuals. However, taxpaye...

    2026 Form W-4 and the New Tax Deductions

    The 2026 version of Form W-4, Employee’s Withholding Certificate, looks the same as the prior-year version. However, the instructions now include information about the new deductions for tips, overtime and car loan interest, along with the new senior deduction. Taxpayers eligible for one or more of these deductions can make adjustments to their withholding on line b of Step 4 of the form, which...

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