Charities will be able to claim a refund of taxes they paid on long-distance telephone calls in years past. The tax agency said that it will no longer tax long-distance calls and will return taxes it collected on such calls going back to 2003. The IRS expects to return a total of $...
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The article reports on the announcement of the U.S. Internal Revenue Service concerning a formula that allows tax-exempt organizations to estimate their federal telephone excise tax refunds. To avail a refund of this tax, an exempt organization is required to file Form 8913 as an attachment to...
call and the one terminating the call. The access charges paid by the long-distance carriers do not appear on a telephone bill. Over the past few years, the FCC reduced the amount of access charges paid by long-distance companies. Access charges are kept by the local phone companies. Th...
To avail a refund of this tax, an exempt organization is required to file Form 8913 as an attachment to the 2006 Form 990-T. The tax-exempt organizations can compute their refund amounts by matching two telephone bills from the current year to determine the possible refund percentage....