$1 Billion in Refunds Still Unclaimed from 2014 Returns
About a million taxpayers could have some cash waiting for them, provided they file their 2014 income tax returns.…
About a million taxpayers could have some cash waiting for them, provided they file their 2014 income tax returns.…
A new revision of the Form 656-B booklet, with forms and instructions for submitting an Offer in Compromise (OIC), will be available on IRS.gov in January. The use of earlier versions after Jan. 1…
Information for Employers About Their Responsibilities Under the Affordable Care Act If you are an employer, the number of employees in your business will affect what you need to know about the…
Some Suspended or Disbarred Tax Practitioners Are Now Permitted to Obtain PTINs and Prepare Tax Returns The Internal Revenue Service today announced that some suspended or disbarred tax professionals…
IRS Statistics on individual Tax Returns for 2011 The Internal Revenue System has released its statistics on Tax Year 2011 individual returns filed in 2012. The data indicates some improvement in the…
Business Tax Filers can start filing 2013 Tax Returns on January 13, 2014The IRS will begin accepting 2013 business tax returns, both paper-filed and e-filed, on Monday, Jan. 13, 2014. Business…
Richmond’s Taxpayer Protection and Preparer Fraud Prevention Act of 2013 would give the Internal Revenue Service more oversight to certify paid tax preparers and ensure they are “competent, of good character and able to render services.” The legislation also would allow the IRS to...…
Analysis by the Internal Revenue Service indicates that the error rate for individual tax returns has been cut by more than half. Last year, the IRS identified ...…
The IRS has seen a few problems with the way the form is completed that could delay processing. The IRS has requested tax preparation software providers modify their programs so that they require completion of the correct boxes...…
Although most everyone is aware of the dangers of identity theft, the IRS is expecting difficulties in wading through all of the tax returns that are to be filed this year. The hardest part will be…
