One of the provisions of a 2021 law was that the IRS developed an online portal enabling taxpayers to unenroll from receiving advance Child Tax Credit payments. The IRS released an updated website in Jan. 2022 to address the required functionality. But a recent audit by the Treasury Inspector General for Tax Administration (TIGTA) found “potential inaccuracies,” such as inoperable links and references to filing status thresholds. TIGTA also expressed concern about the site’s identity theft protections and the process created to identify discrepancies between advance payments reported on a tax return and advance payments recorded on a taxpayer’s account. Call or visit our website for more information! www.mjscpa.com/
