CRIRS & Influencers Ignite Digital Tax Compliance The Cross River Internal Revenue Service (CRIRS) is revolutionizing tax compliance by partnering with Calabar-based social media influencers. This collaboration targets freelancers, remote workers, and digital earners to promote the 2025 Tax Reform Acts (effective Jan 2026). Key strategies include: -Viral Campaigns to demystify tax laws. -TIN Drives, linking the Tax ID to the National ID (NIN), making it mandatory for services like bank account o

Personal Income Tax

IRS phasing out paper tax refund checks for taxpayers

Many tax preparation firms offer their clients refund anticipation loans (RALs). For a fee, the firm will give the client his refund when the return is filed. The loan is repaid when the Internal Revenue Service sends the refund directly to the firm. Thus, the RAL fee is equivalent to the interest charge on the loan. The schedule in the table on the right is from a major RAL lender. Use this schedule to find the annual rate of interest for a 54,989 RAL which is paid back in 30 days.RAL Amount:55