IRS Tax Tip

Crabb Tax Services Newsletter (September 2019)

TOPICS IN THIS ISSUE: Benefits Of Starting Your Tax Planning Early In the Year What To Do If You’re Audited By the IRS 13 Advantages Of Keeping Personal And Business Bank Accounts Separate Ins And Outs of Settling With the

Read more

Crabb Tax Services Newsletter (August 2019)

TOPICS IN THIS ISSUE: 12 Small Business Tips From Podcasts Used By the Pros Top Ten Money Mistakes People With Modest Incomes Make Should Financial Success Be Your Ultimate Goal? Tax Witholding Estimator The IRS Will Waive This 2018 Penalty

Read more

Crabb Tax Services Newsletter (July 2019)

TOPICS IN THIS ISSUE: 3 Costly Tax Mistakes to Avoid 6 Summertime Uses For This Tax-Favored Savings Account Understanding How Taxpayers May Appeal to the IRS Office of Appeals This Crazy Map Shows You How Complicated The Tax Code Has

Read more

Crabb Tax Services Newsletter (June 2019)

TOPICS IN THIS ISSUE: Optimizing Residential Real Estate Deductions Tax Court Approves IRS Denial of Installment Plan Request The Marriage Tax Penalty, Post-TCJA 3 Great New Tax Videos! IRS TAX TIP: Here’s What Taxpayers Should Know Before Visiting an IRS

Read more

IRS TAX TIP: Taxpayer Bill of Rights Provides Protections

All taxpayers have fundamental rights when working with the IRS. The agency outlines them on IRS.gov and in Publication 1. To help taxpayers understand their rights, here is a list of them with a brief description of each one:

Read more

Free Tax Return Preparation for Qualifying Taxpayers

The Volunteer Income Tax Assistance (VITA) program offers free tax help to people who generally make $55,000 or less, persons with disabilities and limited English speaking taxpayers who need assistance in preparing their own tax returns. IRS-certified volunteers provide free basic income tax return preparation with electronic filing to qualified individuals.

Read more

Crabb Tax Services Newsletter (February 2019)

TOPICS IN THIS ISSUE: NEW! For 2019…Tax Videos to help you understand new tax laws and deal with special situations. Surprise, no tax refund for you! What not to do if you owe the IRS. 5 Personal Finance Podcasts Actually

Read more

Crabb Tax Services Newsletter (January 2019)

TOPICS IN THIS ISSUE: IRS Releases New Not-Quite-Postcard-Sized Form 1040 For 2018, Plus New Schedules Tax Trends Heading Into 2019 White House Says IRS Will Pay Tax Refunds During Government Shutdown AICPA and NCCPAP ask IRS to suspend tax penalties

Read more

Crabb Tax Services Newsletter (November 2017)

TOPICS IN THIS ISSUE: Individuals Who Need to Reconstruct Records After a Disaster IRS Warns About Tax Scams Related To Hurricanes, Wildfires & Vegas Shooting Tax Refund Fraudsters Already Had Much Of That Equifax Stolen Data Taxpayers Who Are Victims

Read more

IRS Tax Tip: Taxpayers Who are Victims of Domestic Abuse Should Know Their Rights

Domestic abuse often includes control over finances. An important part of managing finances is understanding one’s tax rights. Taxpayers have the right to expect the IRS to consider facts and circumstances that might affect the individual’s taxes.

Read more

IRS Tax Tip: Individuals Who Need to Reconstruct Records After a Disaster

Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss. Doing this may be essential for tax purposes, getting federal assistance, or insurance reimbursement. IRS Tax Tip 2017-54, October 4, 2017 Here are 12

Read more