IRS Tax Tips IRS Launches Tax Return Preparer Review IRS Commissioner Doug Shulman announced today that by the end of 2009, he will propose a comprehensive set of recommendations to help the Internal Revenue Service better leverage the tax return preparer community with the twin goals of increasing taxpayer compliance and ensuring uniform and high ethical standards of conduct for tax preparers. Jun 4, 2009 - 12:09:07 PM
IRS Tax Tips IRS Offers Tax Credit Guidance to Businesses Hiring Unemployed Veterans and Certain Youth Businesses planning to claim the newly-expanded work opportunity tax credit (WOTC) for eligible unemployed veterans and unskilled younger workers hired during the first part of 2009 have until Aug. 17 to request the certification required for these workers, according to the Internal Revenue Service. Jun 2, 2009 - 10:55:52 AM
The Internal Revenue Service today reminded individual and business taxpayers that many energy-saving steps taken this year may result in bigger tax savings next year.
Apr 29, 2009 - 4:45:34 PM
IRS Tax Tips Tax Credit for Ford Hybrids Begins Phase-Out The tax credit for hybrid passenger automobiles and light trucks manufactured by Ford Motor Company has begun to phase out for purchases made after March 31, 2009. Apr 19, 2009 - 10:05:07 PM
IRS Tax Tips IRS Update: Special Guidance for Certain Expatriates This information applies to certain individuals who have expatriated by relinquishing their U.S. citizenship or by ceasing to be treated as long-term residents of the United States. Apr 14, 2009 - 2:22:49 PM
IRS Tax Tips Beware of IRS' 2009 "Dirty Dozen" Tax Scams The Internal Revenue Service
today issued its 2009 “dirty dozen” list of tax scams, including schemes
involving phishing, hiding income offshore and false claims for
refunds. Apr 13, 2009 - 7:52:16 AM
IRS Tax Tips IRS Offers Reminders as Tax Filing Deadline Nears The Internal Revenue Service offers last minute reminders to taxpayers who have not yet filed a tax return, paid what they owe or requested an extension of time to file as the April 15 tax filing and payment deadline approaches. Apr 10, 2009 - 4:34:23 PM
IRS Tax Tips IRS Offers Tax Payment Options The Internal Revenue Service today reminded taxpayers to file their federal tax returns and pay any taxes they owe by the April 15 deadline. Apr 9, 2009 - 10:37:33 AM
IRS Tax Tips IRS: Ten Last Minute Filing Tips With the tax filing deadline close at hand, the IRS offers ten tips for those still working on their tax returns: Apr 6, 2009 - 9:20:03 AM
IRS Tax Tips IRS Issues Guidance on New Build America Bonds The Internal Revenue Service today issued guidance on the new Build America Bond program. This program allows state and local governments to issue taxable bonds for capital projects and to receive a new direct federal subsidy payment from the Treasury Department for a portion of their borrowing costs. Apr 3, 2009 - 9:34:37 AM
IRS Tax Tips IRS: Nine Common Errors Made on Tax Returns Errors made on tax returns may delay the processing of your return and the arrival of your refund. Avoiding the common errors below will help ensure your refund arrives on time: Apr 3, 2009 - 1:13:38 AM
IRS Tax Tips IRS: Special Tax Break Available for New Car Purchases This Year The Internal Revenue Service announced today that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year. Mar 30, 2009 - 8:36:20 AM
IRS Tax Tips IRS: Recovery Rebate Credit Information Center The recovery rebate credit is a one-time benefit for people who didn't receive the full economic stimulus payment last year and whose circumstances may have changed, making them eligible now for some or all of the unpaid portion. Mar 20, 2009 - 6:57:51 PM
IRS Tax Tips First-Time Homebuyers Have Several Options to Maximize New Tax Credit As part of the Treasury Department’s consumer outreach effort and with the April 15 individual tax filing deadline approaching, the Internal Revenue Service today began a concerted effort to educate taxpayers about additional options at their disposal to claim the new $8,000 first-time homebuyer credit for 2009 home purchases. Mar 18, 2009 - 10:41:47 AM
IRS Tax Tips IRS Interest Rates Drop for the Second Quarter of 2009 The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2009, will drop by one percentage point. The new rates will be: Mar 14, 2009 - 7:56:14 PM