Of the just over one million first time home buyer tax credit claims that have already been filed, the IRS is already investigating one out of every ten claims for suspected fraud. Out of the 100,000 that are being investigated, the IRS is further investigating 167 for possible criminal schemes involved with those claims.
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There is a situation in dealing with tax returns called wage garnishment. This is the situation when IRS can garnishee your wages telling your employee.
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A story published in today's TurboTax details ten very odd tax deductions that IRS actually allows and that you can have in case you still have to file your taxes today or applying for an IRS tax extension.
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Getting an IRS tax extension on your tax filing is fairly simple. You can easily get up to 6 more months to file your taxes by using IRS form 4868.
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It's April 15 and you don't have W-2, or you are yet to receive Form 1099. What to do then? Many people feel that IRS will not notice such a small deficiency and they proceed to file the return. Not a good idea. You may be paying penalties as soon as the IRS will notice. There is an easy short term fix. Go for an IRS tax extension in your 2009 tax return.
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Receiving an IRS notice is a moment many taxpayers dread. A letter arrives from the IRS — and it’s not a refund check. Don’t panic; many of these IRS letters can be dealt with simply and painlessly.
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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. “Taxpayers should be wary of scams to avoid paying taxes that seem too good to be true, especially during these challenging economic times,” IRS Commissioner Doug Shulman said.
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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.
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With the tax filing deadline close at hand on April 15, the IRS offers ten tips for those still working on their tax returns.
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IRS says errors such as incorrect social security numbers, math errors, incorrect bank accounts and forgetting to sign the filed documents are too common in tax returns and reminds the taxpayers of the nine common errors that the taxpayers make on tax returns.
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IRS Taxpayer Assistance Centers are your source for personal tax help when you believe your tax issue cannot be handled online or by phone, and you want face-to-face tax assistance.
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