Nine Common Filing Errors to Avoid The IRS encourages taxpayers to file an accurate tax return. If a taxpayer makes an error on their return, it will likely take longer for the IRS to process it. This could delay a refund. Avoid many common errors by filing electronically. IRS e-file is the most accurate way… Read More »
Debt Cancellation May be Taxable If a lender cancels part or all of a debt, a taxpayer must generally consider this as income. However, the law allows an exclusion that may apply to homeowners who had their mortgage debt canceled in 2016. Here are 10 tips about debt cancellation: Main Home. If the canceled debt… Read More »
U.S. Master Tax Guide (2017) 100th Edition by CCH Tax Law Editors The U.S. Master Tax Guide provides helpful and practical guidance on today’s federal tax law. This 100th Edition reflects all pertinent federal taxation changes that affect 2016 returns and provides fast and reliable answers to tax questions affecting individuals and business income tax. The… Read More »
How to Pay Zero Taxes, 2017: Your Guide to Every Tax Break the IRS Allows by Jeff A. Schnepper Tax time can be a serious drain on your resources―emotionally and financially. For over three decades How to Pay Zero Taxes has helped people just like you save money on their taxes. Engagingly written to make even… Read More »
IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2013 Federal Income Tax Return IRS YouTube Videos: Refund: Claim It or Lose It – English | Spanish | ASL WASHINGTON — The Internal Revenue Service announced today that unclaimed federal income tax refunds totaling more than $1 billion may be waiting… Read More »
Free Help Preparing Tax Returns Available Nationwide IRS YouTube Videos: Free Help Preparing Your Tax Return: English | Spanish | ASL WASHINGTON –– The Internal Revenue Service reminded taxpayers today that they may be eligible to receive free tax help at nearly 12,000 preparation sites nationwide. The sites, generally located at community and neighborhood centers,… Read More »
Get Prior Year Tax Information from the IRS There are many reasons to keep a copy of a tax return from a prior year. The IRS urges all taxpayers to keep copies of their tax returns for at least three years. Taxpayers should keep a copy of their tax return. Beginning in 2017, taxpayers using… Read More »
IRS Criminal Investigation Releases Fiscal Year 2016 Annual Report IR-2017-47, Feb. 27, 2017 WASHINGTON — The Internal Revenue Service today announced the release of its IRS Criminal Investigation (CI) annual report, reflecting the significant accomplishments and criminal enforcement actions taken in fiscal year 2016. IRS CI initiated 3,395 cases in FY 2016 that focused on… Read More »
IRS Can Help Taxpayers Get Form W-2 Most taxpayers got their W-2 Forms by the end of January. Form W-2, Wage and Tax Statement, shows the income and taxes withheld from an employee’s pay for the year. Taxpayers need it to file an accurate tax return. If a taxpayer hasn’t received their form by mid-February,… Read More »
Technical Seminar On UAE’s New Bankruptcy Law The Institute of Chartered Accountants of India UAE (Dubai)Presents Technical Seminar On UAE’s New Bankruptcy Law February 27,2017 Venue:Hyatt Regency Dubai Creek Heights, Dubai Healthcare City,Dubai Keynote Speaker: Dr. Habib Al Mulla, Chairman, Baker & McKenzie Habib Al Mulla Speaker: Mr. Christian Saunders , Partner, Allen & Overy… Read More »