WASHINGTON — The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return...
IRS YouTube Videos: Do It Yourself Free Tax Preparation: English | Spanish | ASL When Will I Get My Refund?: English | Spanish IRS Social Media: English WASHINGTON — The Internal Revenue Service today opened the 2014 filing season...
We are pleased to announce that we have partnered with Tax Pocket “TaxPocket is designed to organize even the most unorganized taxpayer and take the guesswork out of filing taxes. If you’re like thousands of taxpayers in the US...
IRS Special Edition Tax Tip 2013-16, December 17, 2013 Although the year is almost over, you still have time to take steps that can lower your 2013 taxes. Now is a good time to prepare for the upcoming tax...
An updated tax rule is causing restaurants to rethink the practice of adding automatic tips to the tabs of large parties. Starting in January, the Internal Revenue Service will begin classifying those automatic gratuities as service charges—which it treats...
Doing your taxes shouldn’t be taxing. This year you can make preparing and filing your federal income taxes easier. These tips from the IRS can help. • Don’t delay. Avoid doing your taxes at the very last minute. If...
Taking money out early from your retirement plan can cost you an extra 10 percent in taxes. Here are five things you should know about early withdrawals from retirement plans. 1. An early withdrawal normally means taking money from...
For the summer months, we will be updating the IRS Refund Information weekly. Keep in mind that you can continue to submit bank products during the summer and fall months. As of today, looking at statistics of tax returns...
As of today, looking at statistics of tax returns recently filed, here are estimates of the percentage of refunds not yet released by the IRS: – for returns filed on 2/21 and prior, most refunds have been released by...
If you discover an error on your federal income tax return after you e-filed or mailed it, you may want or need to amend your return. Perhaps you are eligible for a deduction or credit and you missed it...
IRS TAX TIP 2012-01, January 03, 2012 The income tax filing season has begun and important tax documents should be arriving in your mailbox. Even though your return is not due until April, you can make tax time easier...
Gambling winnings are fully taxable and must be reported on your tax return. Here are the top seven facts the Internal Revenue Service wants you to know about gambling winnings. Gambling income includes – but is not limited to...
Now that you’ve survived the holiday season, tax season is looming. Make sure you’re prepared for the upcoming chaos with these helpful tips, and our handy guide. Checklist — Make a list of all the people and places you...
WASHINGTON ─ The Internal Revenue Service today announced a one-time extension of the deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts. These taxpayers now have until Oct. 15, 2009. Under special provisions issued...