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Last Updated: May 13, 2008 - 12:01:08 PM |
IRS Tax Tips
IRS Reminds Small Tax-Exempt Organizations of the First Filing Date for the e-Postcard Electronic Notice
The Internal Revenue Service today reminded small tax-exempt organizations of their new annual electronic filing requirement as the first filing deadline of May 15 approaches. Organizations can file by going to the
appropriate page
on this Web site.
May 13, 2008 - 11:59:08 AM
IRS Tax Tips
IRS Research: Tax Challenges of Business Income
Internal Revenue Service research indicates that understated business income contributes significantly to the tax gap, with the majority understated by small businesses.
May 13, 2008 - 8:43:04 AM
IRS Tax Tips
Economic Stimulus Checks Scam Warning
The Federal Bureau of Investigation warns consumers of recently reported spam e-mail purportedly from the Internal Revenue Service (IRS) which is actually an attempt to steal consumer information. The e-mail advises the recipient that direct deposit is the fastest and easiest way to receive their economic stimulus tax rebate.
May 8, 2008 - 8:26:56 PM
IRS Tax Tips
Economic Stimulus Payments: IRS Has Answers to Your Economic Stimulus Questions
As millions of Americans begin receiving their economic stimulus payments, the Internal Revenue Service released a list of the most-frequently-asked questions –– and answers –– that people now are asking.
May 7, 2008 - 8:19:21 PM
IRS Tax Tips
Relief for Stimulus Payments Withdrawn from IRAs and Tax-Favored Accounts
Economic stimulus payments directly deposited into IRAs and other tax-favored accounts may be withdrawn tax-free and penalty-free, the Internal Revenue Service announced today.
May 5, 2008 - 7:20:02 AM
IRS Tax Tips
Earn 1 CEC: The Electronic IRS...more than just e-file:
The Internal Revenue Service's next Web cast aimed at educating tax and payroll professionals will provide the latest news and information on e-file, e-services and other electronic tools important to the practitioner community.
Apr 30, 2008 - 7:14:09 PM
IRS Tax Tips
Economic Stimulus Payments on the Way; Some People Will See Direct Deposit
The Internal Revenue Service has begun to transfer economic stimulus payments to millions of Americans, some of whom will see payments in their bank accounts as early as today.
Apr 28, 2008 - 12:13:39 PM
IRS Tax Tips
Free Help Available for Certain Taxpayers, Retirees and Disabled Vets; IRS Continues Efforts to Reach People for Stimulus Payments
With the April 15 tax filing deadline quickly approaching, the Internal Revenue Service today reminded taxpayers that free help is available and announced extended hours at some locations.
Apr 28, 2008 - 7:38:28 AM
IRS Tax Tips
Avoiding Penalties and the Tax Gap
The Internal Revenue Code imposes many different kinds of penalties, ranging from civil fines to imprisonment for criminal tax evasion.
Apr 25, 2008 - 5:03:57 AM
IRS Tax Tips
IRS Launches Campaign to Help New Small Businesses
The Internal Revenue Service today launched a campaign to help educate new self-employed small business owners about federal tax responsibilities.
Apr 24, 2008 - 8:15:07 AM
IRS Tax Tips
IRS: Retirees, Disabled Vets Still Can File for 2008 Stimulus Payments
Even though April 15 has passed, the Internal Revenue Service today reminded retirees, disabled veterans and others who normally do not file a tax return that there is still time to submit a 2007 form to receive an economic stimulus payment.
Apr 24, 2008 - 8:09:27 AM
IRS Tax Tips
Taxpayers Can Check Their Refund Status with “Where’s My Refund?”
Taxpayers who have filed their federal income tax returns and are expecting their refunds can use the Internal Revenue Service’s online tool, "Wheres My Refund?," to check on the status of their refunds.
Apr 24, 2008 - 8:05:44 AM
IRS Tax Tips
IRS Issues Draft Instructions for 2008 Form 990
The Internal Revenue Service recently released for public comment the draft instructions to the 2008 Form 990, which is the return most tax-exempt organizations must file annually.
Apr 17, 2008 - 8:50:11 AM
IRS Tax Tips
IRS Offers Last Minute Tax Reminders
Now that the April 15 tax return filing and tax payment deadline is nearing, the Internal Revenue Service offers the following last-minute tips for those taxpayers who haven’t yet filed, paid what they owe or taken the necessary steps to ensure they receive the economic stimulus payment they qualify for.
Apr 15, 2008 - 6:31:54 AM
IRS Tax Tips
IRS Update: Payment Options Available for Those Who Can’t Pay in Full
The Internal Revenue Service reminds taxpayers who owe but can’t pay in full that several options are available to help them meet their tax obligations and save money by the April 15 filing deadline.
Apr 8, 2008 - 7:35:33 AM
IRS Tax Tips
IRS Payment Options Available for Those Who Can’t Pay in Full
The Internal Revenue Service reminds taxpayers who owe but can’t pay in full that several options are available to help them meet their tax obligations and save money by the April 15 filing deadline.
Apr 7, 2008 - 12:24:08 PM
IRS Tax Tips
IRS Urges Taxpayers To e-file Extension Requests by April 15 Filing Deadline
The Internal Revenue Service today urged taxpayers who need additional time to complete their tax returns to submit their requests for an automatic extension electronically by April 15. E-filing a request for an extension is convenient, safe and secure, and taxpayers receive confirmation to keep with their records.
Apr 3, 2008 - 2:23:39 PM
IRS Tax Tips
IRS Economic Stimulus Payment Information Now in Spanish
The Internal Revenue Service today reminded taxpayers and tax-preparation volunteers that information about the economic stimulus payment is available in Spanish.
Apr 2, 2008 - 8:53:37 AM
IRS Tax Tips
IRS Tax Tip: Filing Your Federal Tax Return
Once you complete your 2007 federal tax return, you can either file it electronically or mail it to the IRS.
Apr 1, 2008 - 8:05:21 AM
IRS Tax Tips
IRS Tips for Tax Filers on Economic Stimulus Payments
The Internal Revenue Service today urged taxpayers eligible for the economic stimulus payment to file their tax return now in order to get their payment in a timely manner.
Mar 27, 2008 - 11:58:02 PM
IRS Tax Tips
Combat Pay Can Count toward Economic Stimulus Payment Eligibility
Military personnel serving in combat zones have the option of including their nontaxable combat pay on their 2007 or 2008 income tax returns if it helps their eligibility for the 2008 economic stimulus payments.
Mar 26, 2008 - 6:57:06 AM
IRS Tax Tips
IRS Offering Additional Part-Year Grants for Low Income Taxpayer Clinics in 12 States
National Taxpayer Advocate Nina E. Olson announced today that the IRS will accept applications for a part-year Low Income Taxpayer Clinic (LITC) matching grant from qualified organizations that will provide services to qualified taxpayers in the following areas: Los Angeles, California; Central Oregon; Boise, Idaho; Minneapolis, Minnesota; Reno and Las Vegas, Nevada; St. Louis, Missouri; Brownsville and Laredo, Texas; Southwest Florida; New Mexico; Colorado; Mississippi; and Northeast Pennsylvania.
Mar 26, 2008 - 6:54:48 AM
IRS Tax Tips
IRS Sets March 29 as "Super Saturday" to Help Retirees, Veterans and Low-Income Workers Receive Economic Stimulus Payments
The Internal Revenue Service and scores of its partners nationwide will open hundreds of locations on Super Saturday, March 29, in an effort to reach those Americans who are eligible for the economic stimulus payment but who normally are not required to file an income tax return.
Mar 26, 2008 - 6:53:06 AM
FEMA Announcements
IRS Tax Relief Available For Those Affected By January Floods
The IRS will postpone certain deadlines for taxpayers who reside or have a business in the disaster area until May 6. The postponement applies to return filing, tax payment and certain other time-sensitive acts otherwise due between Jan. 7 and May 6. In addition, the IRS will waive failure to deposit penalties for employment and excise deposits due on or after Jan. 7 and on or before Jan. 22, as long as the deposits were made by Jan. 22.
Mar 24, 2008 - 6:54:48 AM
IRS Tax Tips
Use of IRS Free File Growing in 2008
The continued growth of Free File shows taxpayers are taking advantage of the program’s benefits, which include free electronic return preparation and filing of tax returns, as well as quicker refunds with direct deposit.
Mar 20, 2008 - 8:10:54 AM
