After e-File for Business, IRS Opened Free e-File for Individual
After opening e-file for business last week, today IRS has successfully opened e-file system—which is free for individual. The IRS, since 2003, has actually offered …
Posts tagged IRS
IRS Issued Notice on 2012 Standard Mileage Rates
Have you known that IRS has just issued notice on the 2012 standard mileage rates? Incase that you haven’t noticed just yet, here is the …
New 2012 Pension Plans Dollar Limitation
Cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012 has just been announced by the IRS …
New Income Tax Rate Tables 2012, Inflation Adjustment
New income tax rate table for 2012 (inflation adjustment) has been released by the IRS on Thursday (October 20, 2011) and it’s effective in the …
IRS Online Retirement Plans Navigator [Review]
It’s easy to get lost in all the information about retirement plan options allowed by the law. The Employee Plans (EP) Office of the Internal …
Be More or “LESS” Honest on Your Tax [Confession Of a Tax Collector]
“What advice do you give about dealing with the IRS?“ TIME asked Richard Yancey who has seen the all-powerful IRS from the inside out, spending …
How Are Tax Returns Selected for Audits?
It’s useful to understand how tax returns are selected for audit by the IRS. Many possibilities of reasons why business [one] get audited by the …
What To Do If You Can Not Pay Your Taxes?
“If you can not pay,” goes the old saw, “you can owe”. That’s certainly the way the IRS looks at things. Every year, the IRS …
Getting Know The Tax Audits
On a list of real-life nightmares, most people would rank “tax audits” right up there with having a tooth pulled. The primary trauma of a …