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Last Updated: Aug 30, 2010 - 4:42:40 PM

IRS Tax Tips
IRS Notice: Eight Things to Know If You Receive an IRS Notice
Did you receive a notice from the IRS this year? Every year the IRS sends millions of letters and notices to taxpayers but that doesn't mean you need to worry. Here are eight things every taxpayer should know about IRS notices - just in case one shows up in your mailbox.
Aug 30, 2010 - 4:31:23 PM

IRS Tax Tips
Opportunity Tax Credit: Six Facts about the American Opportunity Tax Credit
There is still time left to take advantage of the American Opportunity Tax Credit, a credit that will help many parents and college students offset the cost of college. This tax credit is part of the American Recovery and Reinvestment Act of 2009 and is available through December 31, 2010.
Aug 30, 2010 - 4:19:44 PM

IRS Tax Tips
Tax Lady: California Seeks $34 Million From TV's Tax Lady Roni Deutch For Victimizing Thousands Who Sought Her Aid in Dealing With the IRS
Attorney General Edmund G. Brown Jr. today filed a $34 million lawsuit against television's "Tax Lady Roni Deutch" for orchestrating a "heartless scheme" that swindled thousands of people facing serious and expensive tax collection problems with the IRS
Aug 24, 2010 - 1:21:28 PM

IRS Tax Tips
Tax Return Preparers: IRS Announces New Return Preparer Application System that Goes live in September
The Internal Revenue Service today announced that a new online application system for compensated tax return preparers is expected to go live in mid-September. The IRS has proposed to require all individuals who receive compensation for preparing all or substantially all of a federal tax return or claim for refund after Dec. 31, 2010, to have a Preparer Tax Identification Number (PTIN).
Aug 20, 2010 - 8:20:30 AM

IRS Tax Tips
Refund Anticipation Loans: IRS Removes Debt Indicator for 2011 Tax Filing Season
The Internal Revenue Service today announced that starting with next year's tax filing season it will no longer provide tax preparers and associated financial institutions with the "debt indicator," which is used to facilitate refund anticipation loans (RALs).
Aug 5, 2010 - 1:55:59 PM

IRS Tax Tips
International Taxation: IRS Realigns Large Business Division, Focus on International Tax
As part of a continuing effort to improve global tax administration efforts, Internal Revenue Service officials announced today the realignment of the Large and Mid-Size Business (LMSB) division to create a more centralized organization dedicated to improving international tax compliance.
Aug 4, 2010 - 12:22:32 PM

IRS Tax Tips
IRS Offers One-Time Special Filing Relief Program for Small Charities; Oct. 15 Deadline
Small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program, the Internal Revenue Service announced today.
Jul 27, 2010 - 9:17:06 AM

IRS Tax Tips
Government Jobs: IRS Highlights Job Opportunities for New Grads on YouTube
The Internal Revenue Service announced the availability of a new job search tool on YouTube dedicated to helping job seekers learn about employment opportunities at the IRS
Jul 8, 2010 - 9:48:24 AM

IRS Tax Tips
Nine Tips on the 10 Percent Tax on Tanning Services
Starting July 1, 2010, many businesses offering tanning services must collect a 10 percent excise tax on the tanning services they provide. This excise tax requirement is part of the Affordable Care Act that was enacted in March 2010.
Jul 5, 2010 - 6:17:51 PM

IRS Tax Tips
Att: Oil Spill Victims: IRS Provides Tax Help, Guidance to Gulf Oil Spill Victims on July 17
The Internal Revenue Service today provided guidance to individuals and businesses affected by the oil spill in the Gulf of Mexico and announced a number of new efforts to help affected taxpayers, including a special Gulf Coast Assistance Day on July 17.
Jun 25, 2010 - 11:16:04 AM

IRS Tax Tips
IRS Begins Accepting Applications for Qualifying Therapeutic Discovery Project Program
The Internal Revenue Service today announced that small firms may now begin applying for certification for tax credits or grants available under the Qualifying Therapeutic Discovery Project Program, created by the Affordable Care Act.
Jun 22, 2010 - 12:24:26 PM

IRS Tax Tips
Tanning Tax:IRS Issues Regulations on 10-Percent Tax on Tanning Services Effective July 1
The Internal Revenue Service today issued regulations outlining the administration of a 10-percent excise tax on indoor tanning services that goes into effect on July 1.
Jun 11, 2010 - 7:21:37 PM

IRS Tax Tips
IRS: Interest Rates Remain the Same For the Third Quarter of 2010
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning July 1, 2010, will remain the same. The rates will be: 
May 20, 2010 - 11:49:07 AM

IRS Tax Tips
IRS: Save Money, Sign Up Now for the 2010 IRS Nationwide Tax Forums
This year, 43 separate seminars and workshops are being offered, each of which qualifies for continuing professional education credit for enrolled agents and certified public accountants. 
May 14, 2010 - 5:46:03 AM

IRS Tax Tips
IRS: Open House on Saturday May 15 to Help Small Businesses, Individuals Solve Tax Problems
The Internal Revenue Service will host a special nationwide Open House on Saturday May 15 to help small businesses and individuals solve tax problems.
May 3, 2010 - 9:01:28 AM

IRS Tax Tips
IRS: Tax-Free Employer-Provided Health Coverage Now Available for Children under Age 27
As a result of changes made by the recently enacted Affordable Care Act, health coverage provided for an employee's children under 27 years of age is now generally tax-free to the employee, effective March 30, 2010.
Apr 27, 2010 - 7:04:36 PM

IRS Tax Tips
IRS: Don’t Panic! Eight Things to Know If You Receive an IRS Notice
The Internal Revenue Service sends millions of letters and notices to taxpayers every year. Here are eight things taxpayers should know about IRS notices – just in case one shows up in your mailbox.
Apr 23, 2010 - 9:34:35 AM

IRS Tax Tips
IRS Reaches Out to Millions of Employers on Benefits of New Health Care Tax Credit
The Internal Revenue Service this week began mailing postcards to more than four million small businesses and tax-exempt organizations to make them aware of the benefits of the recently-enacted small business health care tax credit.
Apr 22, 2010 - 9:38:37 PM

IRS Tax Tips
Tax Refunds: Ten Things You Need to Know About Tax Refunds
Are you expecting a refund from the IRS this year? Here are the top 10 things you should know about your refund.

Apr 7, 2010 - 8:39:35 AM

IRS Tax Tips
New for 2010: Tax Credit Helps Small Employers Provide Health Insurance Coverage
Many small businesses and tax-exempt organizations that provide health insurance coverage to their employees now qualify for a special tax credit, according to the Internal Revenue Service.
Apr 2, 2010 - 9:45:04 AM

IRS Tax Tips
Seven Things to Know About the Taxpayer Advocate Service
The Taxpayer Advocate Service is an independent organization within the Internal Revenue Service whose employees assist taxpayers who are experiencing economic harm, who are seeking help in resolving problems with the IRS, or who believe that an IRS system or procedure is not working as it should.
Apr 1, 2010 - 1:10:41 PM

IRS Tax Tips
Filing Taxes Late? IRS Offers Tips for late Filers
Whether paying with a timely filed tax return, or filing late and paying late after receiving a bill from the IRS (and the bill is correct), taxpayers are encouraged to pay the taxes they owe in full.
Mar 30, 2010 - 6:18:27 PM

IRS Tax Tips
IRS Top Ten Tips for Last Minute Filers
With the tax filing deadline close at hand, here are the top 10 tips the IRS wants you to know if you are still working on your federal tax return.

Mar 30, 2010 - 5:16:27 PM

IRS Tax Tips
IRS Offers Ten Tips for Deducting Charitable Contributions

When preparing to file your federal tax return, don’t forget your contributions to charitable organizations. If you made qualified donations last year, you may be able to take a tax deduction if you itemize on IRS Form 1040, Schedule A.