If you were one of the hundreds of thousands of taxpayers affected by the tax season filing snafu involving education credits – and you filed using H&R Block – you might be getting some relief. The tax preparation giant is offering $25 to its customers affected by the delay in processing individual tax returns claiming…
One week. That’s all it took. One week after Tax Day came and went, the Internal Revenue Service will send out furlough notices to its entire workforce. According to a press release from the National Treasury Employees Union (NTEU), those notices will identify five days when the IRS will be shut down entirely – with…
Here are some quick tips if you didn’t get your return filed on the big day.
The Internal Revenue Service has announced that they will be offering filing and payment extensions for those affected by the events that unfolded in Boston yesterday.
With Tax Day just around the corner, it’s go time for taxpayers. If you’re struggling to get those returns finished, here are thirteen last-minute filing tips: 1. Get some free help. Free help is still available for qualifying taxpayers. If you have a simple return and income less than $50,000, contact IRS VITA at 1.800.906.9887…
All of the taxes in the world don’t mean a thing if you can’t collect on them – or so many states and localities are figuring out these days. Taxing authorities from Tennessee to New Jersey are reporting shortfalls and lags in collections activities just as cuts from federal funding are being felt. Some taxing…
The delay in processing forms 8863, Education Credits, at the IRS is causing more trouble than just slowing down refunds. The delay, which was formally addressed this week by the Department of Education, is the result of “a technical error with a limited number of tax filing software products” and has affected hundreds of thousands…
It’s 2013. Do you know where your refund is? No, not your 2012 refund (arguably, no one knows where many of those are) but your 2009 refund. Nearly $1 billion in outstanding refunds remain unclaimed by an estimated 984,400 taxpayers who did not file a federal income tax return for 2009. How much is a…
Pop star Justin Bieber raised eyebrows this week for his bizarre swipe at Lindsay Lohan. After being compared to the troubled Lohan in the press, Bieber took to the social media site Instagram to badmouth the Mean Girls star, saying, among other things: “to those comparing me to Lindsay Lohan look at her 2012 tax…
(Note: Updated to reflect Department of Education comments.) As anger continues to grow over delays with processing the federal form 8863, Education Credits, I reached out to the Internal Revenue Service, H&R Block, and the Department of Education to answer your questions. IRS spokesperson Michelle Eldridge offered the following statement about the delays: The IRS…