IRS Reminder: Use IRS.gov for Fast Answers as April 18 Deadline Nears IRS YouTube Videos: Interactive Tax Assistant – English | ASL Free Help Preparing Your Tax Return – English | Spanish | ASL WASHINGTON — With the tax deadline fast approaching, the Internal Revenue Service today reminded taxpayers that they can use IRS.gov to… Read More »
IRS Offers Free Help for Last-Minute Filers WASHINGTON — The Internal Revenue Service wants taxpayers who have yet to file their 2016 federal income tax return to know they can still get last-minute free tax help. Taxpayers can choose to either use IRS Free File or go to a community tax-help site for free tax… Read More »
IRS Extends Call Service Hours to Assist Taxpayers on Saturdays – April 8 and 15 WASHINGTON – To help meet the high demand to its toll-free call center that typically comes as the tax deadline nears, the Internal Revenue Service is extending its customer service hours. The first two weeks of April are typically some… Read More »
Five Tax Tips on Making Estimated Tax Payments Taxpayers usually will have taxes withheld from their pay if they are an employee. However, if a person doesn’t have taxes withheld, or they don’t have enough tax withheld, they may need to make estimated tax payments. Taxpayers that are self-employed normally have to pay their taxes… Read More »
Know these Helpful Tips about Employee Business Expenses Taxpayers who pay work-related expenses out of their own pocket may be able to deduct them. Generally, employee business expenses are deductible if they are more than two percent of adjusted gross income. In most cases, they go on IRS Schedule A, Itemized Deductions. Other key points… Read More »
Private Collection of Some Overdue Federal Taxes Starts in April; Those Affected Will Hear First From IRS; IRS Will Still Handle Most Tax Debts Taxpayers: Watch Out for Scam Calls WASHINGTON – Starting this month, the Internal Revenue Service will begin sending letters to a relatively small group of taxpayers whose overdue federal tax accounts… Read More »
Top IRS Tips to Know about the Home Office Deduction Taxpayers who use their home for business may be able to deduct expenses for the business use of it. Qualified persons can claim the deduction whether they rent or own their home. Use the simplified method or the regular method to claim a deduction. Here… Read More »
Need More Time to Pay Taxes? All taxpayers should file on time, even if they can’t pay what they owe. This saves them from potentially paying a failure to file penalty. Taxes are due by the original due date of the return. Here are four tips for those who can’t pay their taxes in full… Read More »
Issue Number: RP-2017-31 Inside This Issue Rev. Proc. 207-31 updates Rev. Proc. 2016-56 (published in December 2016) to add countries to the list of countries set forth in Section 4 of Rev. Proc. 2014-64. Section 4 lists the countries with which the Treasury Department and the IRS have determined that it is appropriate to have an… Read More »
IRS Reminder to Taxpayers Who Haven’t Filed 2013 Returns: Time is Running Out; Agency has $1 Billion in Refunds IRS YouTube Videos: Refund: Claim It or Lose It – English |Spanish | ASL WASHINGTON — The Internal Revenue Service reminded taxpayers today that unclaimed federal income tax refunds totaling more than $1 billion may be… Read More »