Or put another way, how much does your tax preparer think you’re worth? The Philadelphia Inquirer recently broke a story that the IRS has been
Read MoreCategory: IRS news/announcements
Tax Schemes To Run Screaming From
The IRS has recently announced its “Dirty Dozen” Tax Scams for 2006, including two new scams. Be on the lookout for the following, as pulled
Read MoreDo You Know Where Your Tax Info Is?
Today was the deadline for submitting certain tax information, including federal forms W-2 and 1099. Tax season is just beginning!
Read MoreSaying No To Gas Guzzlers May Put More Money In Your Pocket
In addition to the obvious (gas savings), buying a fuel-efficient car can put more money back into your pocket. Congress has finally gotten its act
Read MoreWhen Life Gives You Lemons…
Don’t assume that you can just make lemonade. The IRS announced that they will not recognize certain deductions related to the sale/auction of used vehicles.
Read MoreTax Relief For Rita
The IRS has announced tax relief for victims of Hurricane Rita. Briefly, the relief includes extensions (in some cases, automatic) for filing returns and making
Read MoreIRS Ups Mileage Rate
The IRS has increased the mileage rate for the business use of a car, to 48.5 cents per gallon, from 40.5 cents per gallon effective
Read MoreSome Federal Relief Is On the Way
From irs.gov: Katrina Victims Will Have Until Jan. 3 to File and Pay Taxes, IRS Says IR-2005-96, September 8, 2005 WASHINGTON – Victims of Hurricane
Read MoreSo Time Really IS Money…
From irs.gov: Treasury, IRS Announce Special Relief to Encourage Leave-Donation Programs for Victims of Hurricane Katrina IR-2005-97, Sept. 8, 2005 WASHINGTON — Department of the
Read MoreSwift Charity
From irs.gov: IRS Expedites Charity Applications, Urges Use of Existing Charities IR-2005-93, Sept. 6, 2005 WASHINGTON — The Internal Revenue Service will provide an expedited
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