Nope, I didn’t make that statistic up. The IRS claims that 98 million taxpayers – or about 70% – are eligible to e-file their 2008
Read MoreCategory: IRS news/announcements
And So It Begins: E-File Officially Opens for 2009
The IRS has announced the opening of an expanded IRS e-file program for 2008 federal tax returns. IRS Commissioner Doug Shulman is encouraging taxpayers to
Read MoreDelinquent Taxpayers Get Sympathy from an Unexpected Source
Settling tax debts is not necessarily high on the list of taxpayers struggling to keep their homes and who may have lost their jobs. Delinquent
Read MoreIRS Seeks Feedback
The IRS is seeking feedback. Hey, it happens… If you’re a tax practitioner who prepares federal form 1040 returns with a schedule C, the IRS
Read MoreDoes The IRS Know Where You Live?
Despite rumblings for a second stimulus check, the IRS hasn’t finished delivering the first stimulus check to all taxpayers. As of last month, more than
Read MoreUBS Chair Indicted On Tax Evasion Charges
Raoul Weil, the UBS bank chair and CEO of global wealth management, has been indicted on charges relating to tax evasion. He is accused of
Read MoreUp, Up & Away… In My Beautiful Tax Balloon
As the economy continues on its wild ride, the IRS has announced a series of adjustments for tax brackets and other provisions for the 2009
Read MoreIRS Changes Gears On Rebate Checks
If you’re one of many – and by many, I mean a quarter million – couples who did not received a rebate check due to
Read MoreSecond Checks From IRS Are Not Part Of Additional Stimulus Package
Lately, there have been a number of emails and comments regarding the possibility of a second stimulus package. You can read what I had to
Read MoreIRS Delays Use Of Smartcards For Transportation Expenses
The IRS has announced that they have again delayed the effective date of Revenue Ruling 2006-57, originally released in November 2006. The Ruling provides guidance
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