Posts tagged as:

IRS

9 Things to Keep in Mind Before You Ask the Taxgirl

11 January 2012

With just a few days to go before the IRS starts accept e-filed returns, my inbox is chock full of ask the taxgirl® emails. Here are some things to remember: I get a lot of emails and I read every single one. I’m not ignoring you but you’re also not the only email I’ll get today. [...]

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Tax Talk 2012: Vern Wuensche

11 January 2012

We’re coming down to the wire for presidential nominations. Election coverage is heating up and it seems like there’s a debate on television nearly every night. Despite all of the press, there are still a number of questions about where candidates stand on the issues. In terms of what affects voters the most, I feel [...]

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IRS Offers Taxpayers ‘One More Chance!’

10 January 2012

My seven year old has a penchant for getting herself into trouble. She’s that kind of kid who pushes boundaries to see exactly how far she can get. Lucky for her, she also has a pretty quick wit and a couple of looks up her sleeve. When she gets into trouble, she peers up at [...]

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My Best Tax Advice Ever, Part II: Get Some Help

9 January 2012

Last week, I advised that my best tax advice ever was to open the mail from the IRS. I find that to be, for many taxpayers, the single hardest thing to do. Of course, opening the mail isn’t always enough. Generally, the notice or letter advises you to take some sort of action, whether that’s [...]

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IRS Kicks Off Tax Season, Announces Extra Time to File

6 January 2012

The IRS has announced that the 2012 tax season is officially open. Well, sort of. The IRS has opened its doors for the season but what you can do just yet is still limited: e-file and Free File returns won’t be accepted until January 17, 2012. Today, however, you can (and should) start getting your [...]

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My Best Tax Advice Ever, Part I: Open Your Mail

5 January 2012

A client contacted me this week with a tax problem. He sent over a big pile of correspondence that he had received from the IRS. On the front of one of the letters, it read in big letters: Last Date to Respond to this Letter: XXXX 2011. Um, it’s 2012. The client missed the deadline. [...]

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Audit Finds That Prisoners and Felons Granted Permission To Prepare Returns

3 January 2012

At tax time, many taxpayers feel like they’re being ripped off by Uncle Sam. However, IRS is concerned that they might also be victims of those paid to help them: tax preparers. As a result, new rules governing the preparation of tax returns have been in the works for nearly three years with the first [...]

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Filing Deadline Extended for Some Charities

29 December 2011

The IRS has announced that tax-exempt organizations with January and February filing due dates will have until March 30, 2012. If you are affected, you don’t need to file anything to get the March 30 extension as it’s automatic. The extension only affects a handful of orgs since most charities operate on a calendar year [...]

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Payroll Tax Cut Bill Includes New ‘Recapture’ Tax for the Wealthy

23 December 2011

So now that the payroll tax cut has been extended for two months, what does that mean for taxpayers? Well, even though the collective wisdom is that Congress will hammer out a longer term deal, the IRS gets to play a game of “let’s put a bunch of provisions in place within the space of [...]

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Ask the taxgirl: Getting Paid Under the Table

12 December 2011

Taxpayer asks: I was wrongfully fired off of assumptions. It’s a small family owned business. They used to pay me under the table. What are the steps/where do I turn to, to have them caught red handed for paying under the table? taxgirl says: This is one of those questions that is difficult to answer [...]

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