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The Right to Retain Representation: Taxpayer Bill of Rights #9

April 19, 2018 The right to retain representation when dealing with the IRS is one of ten rights in the Taxpayer Bill of Rights. Taxpayers who interact with the IRS should be aware of their rights. The right to representation means: Taxpayers have the right to retain an authorized representative of their choice to represent […]

What Taxpayers Should do When They Need More Time to Pay

April 16, 2018 All taxpayers should file their taxes on time, even if they can’t pay what they owe. This saves them from a potential failure-to-file penalty. While taxes are due by the original due date of the return, some taxpayers are unable to pay them by the deadline. Here are some tips for those […]

Tax filing season begins January 29, 2018

R-2018-01, Jan. 04, 2018 WASHINGTON ― The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The IRS will begin accepting tax returns on Jan. 29, with nearly 155 million individual tax returns […]

Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Harvey

August 30, 2017 WASHINGTON —The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Harvey and members of their families. This is similar to relief provided last year to Louisiana flood victims and victims of Hurricane Matthew. Participants in 401(k) plans, employees […]

Beware of Fake Charity Scams Relating to Hurricane Harvey

August 30, 2017 WASHINGTON ― The Internal Revenue Service has issued a warning about possible fake charity scams emerging due to Hurricane Harvey and encouraged taxpayers to seek out recognized charitable groups for their donations. While there has been an enormous wave of support across the country for the victims of Hurricane Harvey, people should […]

IRS Gives Tax Relief to Victims of Hurricane Harvey; Parts of Texas Now Eligible; Extension Filers Have Until Jan. 31 to File

August 28, 2017 WASHINGTON –– Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. This includes an additional filing extension for taxpayers with valid extensions that run out on Oct. 16, and businesses […]

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 […]

IRS Offers Last-Minute Tips for Those Who Haven’t Filed

IRS YouTube Videos: Tax Return Errors – Tips to Avoid Them English | Spanish | ASL Owe Taxes But Can’t Pay? English | Spanish | ASL IRS Taxes – Three Easy Ways to Pay English | Spanish | ASL Direct Deposit for Your Tax Refund English | Spanish | ASL When Will I Get My […]

Time Running Out to Claim $1 Billion in Tax Refunds from 2013

March 3 2017 Taxpayers who did not file a tax return for 2013 may be one of the nearly 1 million who may be due a refund from that year. Taxpayers must claim their part of almost $1 billion by this year’s April 18 tax deadline. To claim a refund, taxpayers must file a 2013 […]

Changes ahead for 2017 tax filing season

November 18. 2016 Plan ahead for the coming tax filing season. There are important changes you should know about before the 2017 filing season begins.  If you are a client of Tax On Wheels, LLC we will take care of everything for you.  If, on the other hand, you are the do it yourself type, […]