File Your Taxes Now » Tax News

Identity Theft Crackdown Sweeps Across the Nation

Admin — Wed, 01 Feb 2012 03:38:59 +0000

The Internal Revenue Service and the Justice Department today announced the results of a massive national sweep cracking down on suspected identity theft perpetrators as part of a stepped-up effort against refund fraud and identity theft.

First Weeks Tax Refunds May Be Delayed

Admin — Sun, 29 Jan 2012 22:36:19 +0000

Some tax refunds may be delayed that were filed in the first week of the tax season. The delayed tax refunds could take as much as 14 days to process instead...

Need Last Years Tax Return? 8 Tips on Ordering Old Tax Returns

Admin — Sat, 28 Jan 2012 04:55:39 +0000

Sometimes taxpayers need a copy of an old tax return, but can't find or don't have their own records. There are three easy and convenient options for getting tax return transcripts

6 Key Tax Tips for the Self-employed

Admin — Thu, 26 Jan 2012 08:00:15 +0000

There are many benefits that come from working for yourself, as an independent contractor, or as a sole proprietor, you are generally considered to be self-employed

2011 Earned Income Credit Publication 596

Admin — Mon, 23 Jan 2012 11:54:02 +0000

2011 Earned Income Credit (EIC) Publication 596

E-file is now open!

Admin — Tue, 17 Jan 2012 21:21:57 +0000

The IRS opened the 2012 electronic tax return filing season today with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns. “E-file is the best option for taxpayers. E-file enables taxpayers to file more accurate returns and receive their refunds quickly and safely,” said IRS [...]

Do I Need to File a Tax Return This Year?

Admin — Sat, 14 Jan 2012 21:18:43 +0000

Six reasons why some people should file 2011 taxes even if they aren't required to...

New 2011 Tax Guide Helps People Save on Their Taxes

Admin — Mon, 26 Dec 2011 09:56:50 +0000

Taxpayers can get the most out of various recovery tax benefits and get a jump on preparing their 2011 federal income tax returns by consulting the newly revised tax guide

When can we start filing taxes for 2011?

Admin — Mon, 26 Dec 2011 09:21:57 +0000

You can start preparing your 2011 taxes now, however the IRS will not begin processing tax returns until January 17, 2012. Typically the tax season ends on April 15th, however this year the 15th falls on a Sunday and the 16th is Emancipation Day in the District of Columbia. So you have until April 17th [...]

Do You Make These Year-End Contribution Mistakes?

Admin — Fri, 16 Dec 2011 00:15:34 +0000

Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following:

IRS Holding $153 Million in Undelivered Tax Return Checks

Admin — Thu, 01 Dec 2011 00:49:52 +0000

The Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors.

IRS Proposed Regulations to File Due Diligence Checklist with All EITC Claims in 2012

Admin — Thu, 06 Oct 2011 21:36:51 +0000

The due diligence requirement, enacted by Congress over a decade ago, was designed to reduce errors on returns claiming the EITC, most of which are prepared by tax professionals.