05/08/2026
✅ Friday Tax Answers – May 8, 2026
✔️ Yes. Small businesses can still access IRS resources, webinars, and educational tools even after filing season ends.
✔️ The Low Income Taxpayer Clinic (LITC) program helps low-income taxpayers resolve IRS disputes and understand their taxpayer rights at little or no cost.
✔️ Yes. The IRS expanded Business Tax Account access in 2026 to partnerships, tax-exempt organizations, and government entities.
✔️ Taxpayers should respond quickly to IRS notices and can use new IRS online tools to review payment options or resolve balances owed.
✔️ Yes. Certain taxpayers can now request additional time for IRS and Appeals review after an ERC claim disallowance to avoid litigation.
✔️ Red flags include promises of huge deductions, inflated appraisals, and pressure to invest quickly in conservation easement programs.
✔️ Taxpayers can confidentially report suspected fraud, scams, or abusive tax schemes directly through IRS online reporting tools.
✔️ Yes. During National Small Business Week, the IRS provides special guidance, educational events, and resources for business owners.
✔️ The IRS launched new online tools in 2026 to help taxpayers manage tax debt, monitor accounts, and improve online self-service options.
✔️ Absolutely. Volunteers can continue supporting communities through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs year-round.
📌 Staying informed helps taxpayers and tax preparers avoid mistakes, scams, penalties, and missed opportunities during the 2026 tax season.
📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and informed this tax season!