The beginning of the school year is a good time for a reminder of the tax benefits for education. These benefits can help offset qualifying education costs. Here is information about two tax credits available to those who pay higher
Read more →IRS Tax Tip
We didn’t know how to dig ourselves out of our tax debt, but we managed to do it, and we learned some valuable lessons along the way. If you’re overwhelmed by the amount you owe, here are some tips to help you rebound from a surprise tax bill.
Read more →
TOPICS IN THIS ISSUE: Introducing TaxRelief.Info For Your Peace of Mind Tax Tip: File Form 1040X to Amend A Tax Return ALERT: Program Underway To Yank Tax Delinquents’ Passports Tax Tip: IRS Recaps “Dirty Dozen” List of Tax Scams for
Read more →
Mistakes happen and tax returns are no exception. Filing an amended tax return corrects information that changes tax calculations. This includes making changes to filing status and dependents, or correcting income credits or deductions. Don’t file an amended return to fix math
Read more →
Sometimes seniors find themselves owing past-due federal taxes they cannot afford to pay. Although notices from the IRS can be especially frightening, there are solutions. Article by Chambliss, Bahner & Stophel, P.C. – You may read the article in its entirety
Read more →
IRS Special Edition Tax Tip 2017-07, April 26, 2017 Español Taxpayers who have a tax debt they cannot pay may have heard that they can settle their tax debt for less than the full amount owed. It’s called an Offer
Read more →
IRS Tax Tip 2017-51, April 20, 2017 Español April 18 was this year’s deadline for most people to file their federal tax return and pay any tax they owe. If taxpayers are due a refund, there is no penalty
Read more →
IRS Special Edition Tax Tip 2017-04, February 21, 2017 Español Each year, the Internal Revenue Service issues a list of the top 12 tax-related scams it sees throughout the year. The IRS “Dirty Dozen” highlights various schemes that taxpayers may
Read more →IRS Special Edition Tax Tip 2017-03, February 17, 2017 Every day scammers come up with new ways to steal taxpayers’ identities and personal information. Some scammers pretend to be from the IRS with one goal in mind: to steal money.
Read more →
IRS Special Edition Tax Tip 2017-02, February 3, 2017 As millions of people begin filing their tax returns, the Internal Revenue Service reminds taxpayers about some basic tips to keep in mind about refunds. During the early parts of the
Read more →
IRS Special Edition Tax Tip 2017-01, January 17, 2017 Taxpayers have fundamental rights under the law. The “Taxpayer Bill of Rights” presents these rights in 10 categories. This helps taxpayers when they interact with the IRS. Publication 1, Your Rights
Read more →You may need copies of your filed tax returns for many reasons. For example, they can help you prepare future tax returns. Click HERE to visit IRS’s “Get Transcript” page on IRS website You’ll need them if you have to
Read more →New IRS Publication Helps You Find out if You Qualify for a Health Coverage Exemption IRS Health Care Tax Tip 2014-19, Sept. 23, 2014 You may read the full article HERE on Internal Revenue Service’s Website Taxpayers who might qualify
Read more →You may be able to deduct certain miscellaneous costs you pay during the year. Examples include employee expenses and fees you pay for tax advice. If you itemize, these deductions could lower your tax bill. IRS Summertime Tax Tip 2014-19,
Read more →Whether you like to play the ponies, roll the dice or pull the slots, your gambling winnings are taxable. IRS Summertime Tax Tip 2014-03, July 9, 2014 (printed with permission) – You may read the full article HERE on IRS Website
Read more →
