Tax filings for 2014 have outpaced filings for the same time last year, but visits to the IRS Web site are down.
Read MoreYear: 2014
Debt Ceiling Fix Eases Fears On Tax Refund Delays
Rest easy, folks: your tax refunds are safe. Despite dire warnings that tax refund delays could happen if Congress didn’t address the debt ceiling crisis
Read MoreIRS To Taxpayers: Don’t Call Us…
Okay, that’s not exactly what they said. But more or less. Citing heavy call volume and “limited resources” on the run-up to the Presidents Day
Read MoreAppellate Court To IRS: You’ve Lost That Loving Tax Case (Again)
The Appellate Court leveled a blow at IRS attempts to regulate tax preparers this week, finding that IRS did not have the authority to do so. Dan Alban, lead attorney for the plaintiffs who brought the original case, lauded it as good news. He had said previously that “Tax preparers have the right to earn an honest living without permission from IRS.” Looks like he was right.
Read MoreThe IRS, The Refund Process, & That Pesky 1121 Code
With tax season underway, the IRS is reporting that millions of taxpayers have already received refunds. Others, however, aren’t so lucky. As “Where’s My Refund?” changes from expected refund date to error codes, taxpayers are growing frustrated. The IRS has some (but not all) answers.
Read MoreUnderstanding Your Tax Forms: The W-2
So you have your form W-2, what now? Are you just simply going to hand it over to your preparer or enter the numbers into your tax software? Take a moment to look it over first. Here’s what you need to know.
Read MoreYes, Olympic Wins Are Taxable (And Should Stay That Way)
As our athletes medal in Sochi, the chatter has again started about whether those medals – and the associated bonuses – should be exempt from federal income tax. Is it appropriate? Or necessary? I say no to both. And here’s why.
Read MoreIRS Offers Refund Info And More Using Mobile App
Looking for tax info on the go? IRS has updated its mobile app, IRS2Go, and it’s more functional than ever.
Read MoreDelayed Tax Refunds, The EITC, & How We’re Getting It Wrong
Millions of taxpayers are filing tax returns early in search of a refund. Many are finding that refunds may be delayed and there’s no explanation. Is it an administrative delay? Are we running out of money? Or do we just have the policy all wrong?
Read MoreWhere Are My Tax Forms? When Your W-2, 1099, 1098, & Other Forms Aren’t In The Mail
Ready to work on your tax returns but can’t find your forms W-2, 1099 and others? Here’s what you need to know.
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