IRS
2008 Tax Rebate to be mailed out in May
IRS Will Send Stimulus Payments Automatically Starting in May; Eligible Taxpayers Must File a 2007 Tax Return to Receive Rebate WASHINGTON — The Internal Revenue Service today advised taxpayers that in most cases they will not have to do anything extra this year to get the economic stimulus payments (tax rebate) beginning in May. “If [...]
IRS EITC Awareness
The IRS, the Department of Treasury and other non-government partners are kicking off EITC (Earned Income Credit) Awareness to promote the refundable tax credit for low-wage workers with children. “Believe it or not, there are many taxpayers who are eligible to receive the Earned Income Credit, but fail to claim it simply because they are [...]
Tax Returns from Seven States Go to Different IRS Tax Centers
WASHINGTON — As some taxpayers begin to prepare their paper tax returns, the Internal Revenue Service notes that some may be sending their returns to a different service center than last year. Those who received a tax instruction booklet from the IRS in the mail and use the labels included with the booklet can be [...]
Identity Thieves Using Tax Rebate
If you recieve a call from someone claiming to be from the IRS and asking for your Social Security number and bank information so they can mail your Tax Rebate… HANG UP! The tax rebates will be mailed out and will not have a direct deposit option.
IRS Names Four New Frivolous Claims to Avoid
WASHINGTON —January 14, 2008 – The Internal Revenue Service today issued a notice that lists four additional erroneous legal positions that taxpayers should refrain from using as an excuse to avoid paying their taxes. An individual or group may not avoid paying their fair share of taxes by making “frivolous” legal arguments such as those [...]
Filing Season Opens on Time Except for Certain…
Filing Season Opens on Time Except for Certain Taxpayers Potentially Affected by AMT Patch WASHINGTON — The Internal Revenue Service announced today that the upcoming tax season is expected to start on time for everyone except certain taxpayers potentially affected by late enactment of the Alternative Minimum Tax “patch.” Following extensive work in recent weeks, [...]
