Blog

Taxpayers should know the telltale signs of a scam

June 5, 2018 Many taxpayers recently filed their taxes and may be waiting for a response from the IRS. Because of this summertime tends to be a period when thieves increase their scam attempts. They try to get people to disclose personal information like Social Security numbers, account information and passwords. To avoid becoming a […]

Tips for Taxpayers Who Owe Taxes

June 25, 2017 The IRS offers a variety of payment options where taxpayers can pay immediately or arrange to pay in installments. Those who receive a bill from the IRS should not ignore it. A delay may cost more in the end. As more time passes, the more interest and penalties accumulate. Here are some […]

Include a Few Tax Items in Your Summer Wedding Checklist

June 29, 2015 If you’re preparing for summer nuptials, make sure you do some tax planning as well. A few steps taken now can make tax time easier next year. Here are some tips from the IRS to help keep tax issues that may arise from your marriage to a minimum: Change of name. All […]

Safeguard Your Tax Records as Hurricane Season Approaches

June 1, 2015 IRS YouTube Videos Preparing for Disasters:English | Spanish | ASL Podcast Disaster Assistance: English | Spanish  IR-2015-83, WASHINGTON – Hurricane season starts next week and the Internal Revenue Service advises individuals and businesses to safeguard their records against natural disasters by taking a few simple steps. Create an Electronic Additional Set of […]

Social Security Defines Policy for Same-Sex Married Couples

Social Security has published new instructions that allow the agency to process more claims in which entitlement or eligibility is affected by a same-sex relationship. These instructions come in response to last year’s Supreme Court decision in U.S. vs. Windsor, which found Section 3 of the Defense of Marriage Act unconstitutional. This latest policy development […]

Use IRS Direct Pay to make free one time federal tax payments

The IRS recently announced that taxpayers could now make free one time federal tax payments using Direct Pay.  There are no fees and no complicated registration requirements to use this service.  It can be used for balances due or estimated tax payments.  This promises to be an excellent alternative to the time consuming and sometimes […]

Keep the Child Care Credit in Mind for Summer

If you are a working parent or look for work this summer, you may need to pay for the care of your child or children. These expenses may qualify for a tax credit that can reduce your federal income taxes. The Child and Dependent Care Tax Credit is available not only while school’s out for […]

Reminder: IRS To Be Closed June 14 Due to Budget and Sequester; Filing and Payment Deadlines Unchanged

WASHINGTON — The Internal Revenue Service today reminded taxpayers that, due to the current budget situation including the sequester, the agency will be shut down on Friday, June 14. As was the case on May 24, the first furlough day, all IRS operations will again be closed on June 14. This means that all IRS […]

Prepare for Hurricanes, Natural Disasters by Safeguarding Tax Records

WASHINGTON — With the start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps. Create a Backup Set of Records Electronically Taxpayers should keep a set of backup records in a safe place. The backup should be stored away […]

Managing your tax records after you have filed

There are many reasons to keep household records, including keeping track of your expenses,maintaining records for insurance purposes or getting a loan. You should have the same approach to managing your tax records. You should keep all documents that may have an impact on your federal tax return. Records you should keep include bills, credit […]