Reuters - Still haven't finished that tax return on this Monday deadline for filing? Then you have time to take advantage of some tips from the friendly folks at the Internal Revenue Service to avoid errors.
No one enjoys doing taxes, which probably explains why so many of us leave it to the last. Possible. Moment.
With Tax Day fast approaching (next week!), millions of Americans are no doubt scrambling to track down receipts, bank statements and other important documents in a bid to meet the April 15 filing deadline.
But the more you rush, tax pros say, the more you’re likely to make mistakes that can cost you in the form of penalties, a delay in getting your refund and even a higher risk of an audit.
WASHINGTON (Reuters) - Details of a U.S. Drug Enforcement Administration program that feeds tips to federal agents and then instructs them to alter the investigative trail were published in a manual used by agents of the Internal Revenue Service for two years.
By now, most of us have filed our taxes and called it a day. But for the 15% of Americans who didn't submit their tax forms before April 1, time is running out. Take a deep breath. Rushing through most anything lends itself to silly, last-minute errors, and taxes are no exception.
Financial advisers and tax professionals are a concrete bunch. We never like having to guess, and we don’t much care for having to take a roundabout path to accomplish a goal, either. When the Internal Revenue Service leaves a situation vague, however, sometimes guesswork is unavoidable. While an announcement that the IRS has clarified a […]View the full post at: IRS Offers A Direct Path To Greater Savings
Need help with your taxes? Good luck reaching someone on the phone at the Internal Revenue Service. The IRS estimates that only 70 percent of the people who call its toll-free help line this tax season will get through to a human being -- if the agency meets its service goal.
On March 7, 2012 the Internal Revenue Service announced a major expansion of its "Fresh Start" initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making Installment Agreements available to more people. Under the new Fresh Start provisions, part of a broader effort started at the IRS ...
Reuters - The 2012 due date for personal income tax filings will be Tuesday, April 17, the U.S. Internal Revenue Service said on Wednesday, delaying the deadline for a weekend and a holiday observed by the District of Columbia.