Posts tagged as:

telephone-excise-tax

Cell-ebrate Good Times, C’mon!

2 April 2007

The confusion surrounding the infamous telephone excise tax continues to mount.  Next on the list?  A number of folks have the impression that, in order to claim the tax, you have to have a land-line.  Not so.  Cell phone users may qualify, as well as fax and internet phone customers.  Why?  The refund of the [...]

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Phone-y Requests.

6 February 2007

The IRS is finding that there are already problems with returns involving the telephone excise tax refund.
The most common mistakes seem to involve the form 1040EZ-T. Mistakes include not filling out the form completely or filing the form and your regular 1040 or 1040EZ (it’s one or the other, folks).
It may also be that the [...]

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EZ filing just got faster

8 January 2007

Do you qualify for a refund of the telephone excise tax but aren’t required to file an annual tax return?  It may be even easier for you to get a refund.  The IRS has developed an even shorter form, the 1040EZ-T (try saying that quickly three times in a row) that you might be able [...]

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IRS Goes the (Long) Distance.

27 November 2006

The IRS has (finally) announced a formula for determining the refund for businesses and tax-exempt organizations to estimate their federal telephone excise tax refunds.
As noted before, the prospect of searching through years and years of telephone records was not particularly appealing for business owners in exchange for a small refund.  To request a refund, businesses [...]

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IRS Phones Home.

31 August 2006

As previously announced, the IRS will be handing out refunds for those taxpayers who use long-distance service.  The refund will be available on the 2006 federal income tax return for individuals and businesses.
Responding to concerns that the tax refund might require taxpayers to dig through old phone bills to claim the tax, the IRS has [...]

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Tax Cuts Gone Wild

31 May 2006

It’s tax cut-apalooza on Capitol Hill.  No wonder.  It’s an election year and a majority of Americans are not happy with the current state of affairs, including the economy.  What’s a lawmaker to do?  Cut taxes.
So, tax packages are rolling in, purporting to offer "relief" to taxpayers.  Most are, in my opinion, targeted at a [...]

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