The Internal Revenue Service is not ready to retire the legacy e-file system. The e-file system became operational nationwide in 1990 and transformed the way taxes were filed. The e-file has proven in its time to be win-win for everyone. The taxpayers get their refunds by as fast as 10 days. Or, they have payment options to file… Continue reading →
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Tax Break for Homeowners About to Expire
Time is running out on a tax break that is aiding troubled homeowners from paying thousands of dollars to the IRS. The Mortgage Forgiveness Debt Relief Act of 2007 will need to get extended by Congress by the end of this year or many homeowners will owe the IRS money. These homeowners would have to… Continue reading →
Warning! Please Beware of Fraudulent IRS Tax Website
The United States government is alerting the public about a phony Internal Revenue Service site. The government is worried that the site may con people into disclosing personal and private information. Officials have stated that this website has been created to look like an IRS e –Services on-line registration page. The fake site’s URL address… Continue reading →
IRS Commmissioner to Step Down
The Internal Revenue Service (IRS) Commissioner Doug Shulman has announced officially his plans to step down the end of this term. Mr. Shulman is the 47th commissioner to serve and he has been in office since March 24th, 2008 and plans to step down on November 9th, 2012. George W. Bush appointed Shulman to office…. Continue reading →
Tax Help and Your Relationship Status
Do you want to make more money and save for retirement? According to Business Insider, it seems it pays more to be more married than single. The report states that the percentage of Americans that are single has doubled since the 1960s. Meanwhile, it also seems that these individuals are paying more money for their… Continue reading →
Help – Facts to File and Pay Back Taxes
Do you owe previous years taxes? Here are some simple facts for filing back taxes. Each year most people file their individual tax returns or pay all their back taxes by April 15th. First of all, if you have not filed your return(s) you will have additional interest and penalties to pay. However, if you… Continue reading →
