Posts tagged as:

tax returns

After Loss, Romney to Release Tax Returns

22 January 2012

So, show of hands: who really thought that former Massachusetts Governor and current GOP presidential hopeful Mitt Romney would win South Carolina? My hand will stay firmly by my side. I expected Romney to lose South Carolina. I also still fully expect him to get the nod from the party at the GOP Convention despite [...]

0 comments Read the full article →

Tax Season in Full Swing, E-File Now Open

21 January 2012

It’s cold and snowy out today in [entity display="Philadelphia" type="place" active="true" key="pa/philadelphia"]Philadelphia[/entity] and across much of the country. It’s the kind of day where you really should stay inside and get things done… like maybe your taxes. The IRS previously declared that the 2012 tax season has officially kicked off and this week, the IRS [...]

0 comments Read the full article →

Dear IRS: A Tax Pro Fires Back

18 November 2011

I guess desperate times call for desperate measures. You may have heard about the infamous Notice 4809 from IRS making the rounds among tax professionals. The Notice is part of the IRS’ “hands-on effort to improve the accuracy and quality of filed returns and to heighten awareness of preparer responsibilities.” In other words, dear taxpayers, [...]

1 comment Read the full article →

IRS Announces PTIN Renewals, Changes

24 October 2011

It’s baaaaack! The IRS has announced that professional tax return preparers can now renew their Preparer Tax Identification Numbers (PTINs) for the 2012 filing season. PTINs must now be renewed annually as part of the IRS’ plan to raise revenue regulate professional tax preparers. Tax preparers who fall under the registration rules are those prepare, [...]

0 comments Read the full article →

Don’t Be Fooled By IRS Phishing Scams

11 August 2011

You have to give scammers credit: they sure don’t give up. There’s another set of IRS phishing emails making the rounds this week. I’ve seen two versions, one purporting to be from “info manager@irs.gov” and another from “support manager@irs.gov.” Both have headers announcing “IRS notification.” To be clear, both are scams and should be ignored, [...]

0 comments Read the full article →

Will Trump Release Tax Returns?

29 April 2011

In the midst of all of this birther nonsense, one man has been fixed in the spotlight and it’s not President Barrack Obama. It’s Donald Trump. As you know, Trump has been at the forefront of the birther movement as of late and has taken credit for the release of Obama’s long form birth certificate. [...]

4 comments Read the full article →

It’s March 15, Do You Know Where Your Corporate Tax Returns Are?

15 March 2011

Today is March 15 which means that most corporate taxpayers must file their tax returns (or extensions) by the end of the day. This includes forms 1120 for C corporations and forms 1120S for S corporations. If you’re not ready yet, you can obtain an automatic 6-month extension by timely filing a federal form 7004 [...]

0 comments Read the full article →

Nothing Says Romance Like Signing a Tax Return

14 February 2011

Happy Valentine’s Day from the IRS! As I posted previously, the IRS had announced that it would begin processing those returns which were initially delayed beginning on February 14, 2011. If you were one of the affected taxpayers (meaning those who itemized or claimed certain deductions, including educational expenses), you were unable to submit your [...]

5 comments Read the full article →

A Safe Bet: Protecting Your Tax and Financial Documents

4 February 2011

The first part of the year inspires folks to take a closer look at their finances and organization (and often, lack thereof) and make some changes for the rest of the year. That usually involves some measure of sorting through documents, trying to figure out which ones to keep and which ones to toss. So, [...]

38 comments Read the full article →

Ask the taxgirl: Tax Return “Drafts”

30 January 2011

Taxpayer asks: I had my tax returns prepared, and I don’ t think the CPA did a good job. I have not signed the forms nor have i provided the original copies of my various financial statements. Can I ask someone else to do them and discard the “first draft” ” Thank you. taxgirl says: [...]

5 comments Read the full article →

← Previous Entries