Why You Shouldn’t Consider Your Tax Refund as ‘Free Money’

5 years ago

A tax refund is the amount refunded if the tax paid exceeds the tax liability. In other words, if you…

IRS Decided to Retire the Postcard Size Tax Form Idea

5 years ago

As lawmakers pushed their tax overall package in 2017, Republican leaders would sometimes display a tax form printed on a…

What To Do When You Owe The IRS

5 years ago

If you owe the IRS a substantial amount, be sure not to ignore it. Review options such as installment agreements,…

What To Do If The IRS Offsets Your Tax Refund

5 years ago

What happens when the IRS Offsets Your Tax Refund? If you get a notice or status of an offset, your…

Understanding The Types Of IRS Audits

6 years ago

The first reaction by most taxpayers when they find out they are being audited by the IRS is crippling fear. …

Taxpayers with expiring ITINs should renew them now

6 years ago

Taxpayers with expiring individual taxpayer-identification numbers should renew their numbers ASAP. There are nearly 2 million ITINs set to expire at the…

Did You Update Your Address With the IRS?

6 years ago

The IRS relies heavily on the U.S. Postal Service to deliver notices to taxpayers. Many of these notices are received…

Steps to Take If Your Identity Is Stolen

6 years ago

A recent study confirmed that over 16 million people were the victims of identity theft in the span of one year in…

Changes to Tax Transcript Availability

6 years ago

The IRS said that on June 28, 2019, it will stop faxing tax transcripts to taxpayers, tax professionals, and third…

What to do if you have Unfiled Tax Returns

6 years ago

Unfiled Tax Returns Some people avoid filing their tax returns because they don’t want to, or can't afford to pay…

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