The IRS included "bad tax information on social media" on its2024 Dirty Dozen listissued in April. It warned that some scams encourage taxpayers to misuse common documents, such as Form W-2,Wage and Tax Statement, or more obscure ones, such as Form 8944,Preparer e-file Hardship ...
The agency announced that it will approve or deny requests for a waiver on the basis of each organization's particular facts and circumstances. It will consider an organization's ability to timely file its return electronically without incurring an undue economic hardship....
Qualifying low-income individuals can get a fee waiver. The offer must include the amount the taxpayer is willing to pay, and the terms of the settlement. This is outlined in their Form 656-B, Offer in Compromise Booklet. If your refund is lower than expected, even after accounting for ...
To understand why processing has been delayed you need to understand therefund process. It starts with the submission of your final tax return. After your tax return has been accepted by the IRS (return received) they will start processing it over several days until finalized and a tax refund...
Additionally, you can also request an extension to give yourself more time to pay. The IRS may take into consideration situations in which paying off your debt on time might cause you to experience undue hardship. If granted, you might get an additional six months to pay your tax debt. Aga...