And another two on the list of positions not to take on your individual income tax return as determined by IRS: 25. A tax assessment is invalid because the assessment was made from a section 6020(b) substitute for return, which is not a valid return. — 11. Federal Reserve Notes are not taxable income when…
Taxpayer asks: After filing my taxes, the end result was that I owe just over $800. Gasp! This is three weeks pay for me and I have NO savings at all. Can I make payments to the IRS? Is there any help they offer for people in my situation? Taxgirl says: Absolutely! You can establish…
Next on the list of positions not to take on your individual income tax return as determined by IRS: 5. United States citizens and residents are not subject to tax on their wages or other income derived from sources within the United States, as only foreign- based income or income received by nonresident aliens and…
So you think you could do a better job than the IRS? Here’s your chance! The IRS is now accepting applications for the Taxpayer Advocacy Panel (TAP). The Panel allows everyday folks like you and me to help make decisions that will make the IRS run a little more smoothly. Specifically, TAP members identify and…
Continuing the list of positions not to take on your individual income tax return as determined by IRS: 34. Revenue Officers are not authorized to issue levies or Notices of Federal Tax Lien or to seize property in satisfaction of unpaid taxes. Psst, remember: This is a list of positions NOT to take!!
Have you made one of the top filing mistakes? IRS just released this list of the Top 16 Filing Mistakes for tax returns. If you’re a regular reader, you’ll notice that some of these questions have appeared on ask the taxgirl and other taxgirl features. Enjoy! And if you have a question, don’t forget to ask the taxgirl!…
We’re about a fourth of the way through the list of positions not to take on your individual tax return per the IRS’ recent notice. Remember, the penalties for doing so can be $5000 per instance. Next on the list: 4. Wages, tips, and other compensation received for the performance of personal services are not taxable income…
Taxpayer asks: When figuring home office deduction for a separate structure like a garage, do you include the full square footage of the house and the garage or just the garage when it asks for office space? Taxgirl says: Assuming that you don’t pay separate utilities, etc., for the garage space, it makes the most…
And some more on the list of positions not to take on your individual income tax return: 33. Federal courts may not enforce the internal revenue laws because their jurisdiction is limited to admiralty or maritime cases or issues. Psst, remember: This is a list of positions NOT to take!!
More on the list of positions not to take on your tax return, as per the IRS’ recent notice: 2. The Internal Revenue Code is not law (or “positive law”) or its provisions are ineffective or inoperative, including the sections imposing an income tax or requiring the filing of tax returns, because the provisions have…