You can start checking your refund status within 24 hours of when the IRS receives your e-filed return. You should be able to get initial confirmation that the return has been received via the program you used to file the return. If you mailed in your federal tax return, you have to wa...
Need your tax transcript? You can easily get a free copy by creating or logging into your online IRS account. [1] You can also get tax transcripts from the IRS by making a request via phone or mail, but the agency's online portal is the quickest way for most people to retrieve certai...
Need your tax transcript? You can easily get a free copy by creating or logging into your online IRS account. [1] You can also get tax transcripts from the IRS by making a request via phone or mail, but the agency's online portal is the quickest way for most people to retrieve certai...
If you are unable to file on time, you can apply for a tax extension with the IRS and delay your filing due date for a time - but it's not without a cost.
You can file IRS Form 4852, which is a substitute for a W-2 or 1099-R, and use it to prepare your tax return. You will need to provide an acceptable estimate of your wages and tax withholding for the year. How in the world are you supposed to guess your income and withholding for...
Did you make a mistake on your tax return or realize you missed out on a valuable tax deduction or credit? You can file an amended tax return to make the correction. Filing an amended tax return with the IRS is a straightforward process. This article inc
If you have a refund coming from the IRS, you want to get your hands on the money as soon as possible. Fortunately, the IRS makes it easy for individual taxpayers to track the status of their refunds and make sure they get the money they have coming.
With The IRS Problem Solver, veteran tax expert Dan Pilla offers the first comprehensive guide to dealing with the most common IRS problems taxpayers confront, from face-to-face audits to fraud penalties. Pilla's book is an indispensable preventive tool for all who file their own taxes?and a...
A federal tax lien has precedence over all other creditors' claims. It also makes it difficult for the taxpayer to sell the assets or to obtain credit. The only way to release a federal tax lien is to fully pay the tax owed or reach a settlement with the IRS. Once a lien has been ...
1 This rule is not negotiable and there is a hefty penalty of 25% of the sum you were supposed to withdraw if you don't.2 Why? Because you haven't paid income taxes on that money yet, and the Internal Revenue Service (IRS) wants its cut. The money you take out is then ...