Do you or they just want to make sure you don't overpay the IRS? Then my book, "The Truth About Paying Fewer Taxes," is for all y'all.Look for it on bookstore shelves or order a copy (or two!) from Amazon or Barnes & Noble. Find out more about my book and excerpted chapters...
If yousubmit your tax return electronically, the Internal Revenue Service will notify you once it's received and accepted it. This doesn't mean the agency is done with it, only that IRS hasn't spotted any obvious problems that require rejecting it. However, the agency still has to finish ...
The Internal Revenue Service (IRS) has the power to seize income tax refunds when a taxpayer owes certain debts, such as unpaid taxes or overdue child support. Sometimes, a married couple's joint tax refund will be seized because of a debt for which only
Review the status message that appears on the screen. This will provide you with information on whether your return has been received, approved, or sent for processing. If your return has been approved, the tool will provide you with an estimated date of when you can expect to receive your ...
an IRS revenue officer who was on the second floor when the plane hit with a "big whoomp" and then a second explosion, said about six people couldn't use the stairwell because of smoke and debris. He found a metal bar to break a window so the group could crawl out onto a concrete ...
Paperwork Pileup:Record Retention for IRS Looking around my house I wonder why are there so many tax receipts and tax return papers stacked all over the placAlan S. Payne
Filers who received the 1121 reference number should continue checking WMR [or IRS2Go] for a refund date. [The actions related to this code are] part of the IRS effort to prevent improper payments some tax returns take longer to process. This reference code is not an audit code, it is ...
Many tax payers are seeing the following startling messages on WMR or IRS2Go when they go to check the status of their refund. Naturally their reaction is one of shock, followed by frustration and anger. These notifications are to inform tax filers about
If you plan on claiming one of the IRS educational tax credits, be sure to fill out a Form 8863 and attach it to your tax return. These credits can provide a dollar-for-dollar reduction in the amount of tax you owe at the end of the year for the costs yo
Beginning January 1, 2024, the Internal Revenue Service (IRS) implemented new reporting requirements for payments received for goods and services, which will lower the reporting threshold to $600 USD for the 2024 tax season from 2023’s threshold of $20,000 USD and 200 transactions. Here’s ...