The IRS begins updating its systems for acceptance of electronic returns in the fall before tax season opens. The final changes usually happen around late December. They plan ahead to…
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…not request an extension, can generally avoid additional penalties and interest by filing the return and paying any taxes owed as soon as possible. Some groups have additional time to…
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…if their name and address are correct. They should notify IRS if their address has changed. They must notify the Social Security Administration of a legal name change to avoid a delay in…
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…Using the Correct Filing Status Using the wrong filing status is a common cause of EITC errors. You must file as single, married filing jointly, qualifying widow(er), or head of household in…
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…this date. If everything is completed the system will generate an 846 code, if the system sees something that does not look fully completed the system may add further codes…
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…and the IRS website has a lot of helpful information. If those options don’t work you can always contact your tax professional for more assistance. 3. Compare it with the…
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Every tax season, you take great care to file everything you need to file and report everything you need to report. After you are satisfied you have completed everything truthfully,…
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…a compromise that suits the best interests of both the taxpayer and the IRS. Individual taxpayers and business owners should review the IRS’s Offer in Compromise Booklet to learn how…
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