Taxpayer asks: What if I already filed my 1040 and scheduled an EFTPS automatic payment on April 15? Is there a way to cancel that
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IRS Announces New Private Collection Agency Payment Option
The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to
Read MoreIRS To Refuse Checks Greater Than $100 Million Beginning In 2016
Owe $100 million or more to the Internal Revenue Service (IRS)? Better write that check now. The latest edition of the Internal Revenue Bulletin, Bulletin
Read MoreTaxes From A To Z: O Is For Offer In Compromise
O Is For Offer in Compromise. When you owe a debt to the IRS, there are a few ways that you can handle it. Most
Read MoreTaxes From A To Z: L Is For Levy
L is for Levy. In God we trust; all others must pay cash. The IRS, like most creditors, wants to get paid. And if you
Read MoreAsk The Taxgirl: Mistakes On 1099-MISC
Taxpayer asks: Hello – I work as a 1099 contractor and one of the folks I work for insists on: 1. Including reimbursable expenses in
Read MoreCredit Card Reporting For Tax Purposes Debuts This Month
Form W-2, check. Form 1099-Misc, check. Form 1098, check. Form 1099-K… wait, what? Yep, there’s a new form from the IRS out this year and
Read MoreNew Credit Card Reporting Requirement Worries Some Taxpayers
And you thought bank fees were bad… There’s a new form on the block, Form 1099-K, Merchant Card and Third Party Network Payments, making its
Read MorePutting Your Tax Bill on Your Credit Card: A Surprisingly Common Problem
Guest post by Thursday Bram Not so very long ago, one of my friends forgot to pay taxes. It was his first year working for
Read MoreAsk The Taxgirl: Missing Payment
Taxpayer asks: I did a stupid thing. I mailed my tax return on time but just found the check behind my desk. What do I
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