Helpful Tips to Keep in Mind When Amending Your Tax Return Taxpayers can fix mistakes or omissions on their tax return by filing an amended tax return. Those who need to amend will find the following tips helpful. File using paper form. Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct the tax… Read More »
IRS Offers Last-Minute Tips for Those Who Haven’t Filed IRS YouTube Videos: Welcome to Free File English Tax Return Errors – Tips to Avoid Them English | Spanish | ASL Owe Taxes But Can’t Pay? English | Spanish | ASL IRS Taxes – Three Easy Ways to Pay English | Spanish | ASL Direct Deposit… Read More »
IRS Reminds Taxpayers of April 18 Tax-Filing Deadline WASHINGTON — The Internal Revenue Service has received 103.6 million 2016 individual income tax returns as of April 7 and expects millions more to be filed by the April 18 deadline. Special filing deadline rules apply to members of the military serving in combat zones, those living… Read More »
Some Taxpayers Get Extensions without Asking; Taxpayers Abroad, in Combat Zones and Disaster Areas Qualify IRS YouTube Videos: Need More Time to File Your Tax Return? English | Spanish | ASL IR-2017-83, April 14, 2017 WASHINGTON — Even though April 18 is the tax-filing deadline for most people, some taxpayers in special situations qualify for… Read More »
Notice 2017-27 provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average segment rates under § 430(h)(2) of the Internal Revenue Code. In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect… Read More »
IRS Offers Last-Minute Filing Tips; Use Direct Deposit for Quicker Refunds WASHINGTON — With the April 18 deadline fast approaching, the Internal Revenue Service today offered taxpayers still working on their 2016 taxes a number of tips. These tips are designed to help taxpayers avoid common errors that could delay their refunds or cause other… Read More »
Last-Minute IRS Tax Tips to Consider The IRS urges taxpayers to avoid waiting until April 18 to file their taxes. For those who do wait, the IRS has easy-to-access online resources to help. These eight tips from the IRS can help make filing less taxing: Review tax returns carefully. Taxpayers who rush to beat the… Read More »
Tax Tips to Help You Determine What Makes a Gift Taxable Taxpayers who give money or property to others may wonder about the federal gift tax and if it applies. Most gifts are not subject to the gift tax. Here are seven tax tips about the gift tax and giving: 1. Nontaxable Gifts. The general… Read More »
IRS Reminds Those with Foreign Assets of U.S. Tax Obligations; New Filing Deadline Now Applies to Foreign Account Reports WASHINGTON — The Internal Revenue Service today reminded U.S. citizens and resident aliens, including those with dual citizenship, to check if they have a U.S. tax liability and a filing requirement. At the same time, the… Read More »
Tax Deadline Approaches; Nearly 40 Million to File Returns, Extensions by April 18 IRS YouTube Videos: Need More Time to File Your Tax Return? English | Spanish | ASL WASHINGTON – As the April 18 tax filing deadline approaches, the Internal Revenue Service reminded nearly 40 million taxpayers who have yet to file their tax… Read More »