IRS Announces Relief for Employer Reclassification of Independent Contractors
Nov 08, 2011
The Internal Revenue Service (IRS) has developed a new program to permittaxpayers to voluntarily reclassify workers as employees for federal employment taxpurposes. The Voluntary Classification Settlem...
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In 2012, Many Tax Benefits Increase Due to Inflation Adjustments
Oct 20, 2011
The IRS has annnounces that for tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation.
By law, the dollar amounts for a variety of tax provi...
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IRS Withholding Calculator Can Help Figure Your Tax
Oct 01, 2011
The IRS has recently announced the availability of its income tax withholding calculator.
If you have too little federal tax withheld from your pay, you could end up owing a lot of money when you file...
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IRS Rules for Obtaining Old Tax Returns and Transcipts
Sep 30, 2011
The IRS has published guidelines for obtaining copies of copies or transcipts for your old tax returns.
Taxpayers sometimes need tax returns from previous years for loan applications, to estimate tax ...
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Ten Facts from the IRS about Amending Your Tax Return
Sep 22, 2011
If you discover an error after you file your tax return, you can correct it
by amending your return. Here are ten facts from the Internal Revenue
Service about amending your federal tax return:
When...
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Relief for Employers of Excess or Improper Independent Contractors
Sep 21, 2011
The Internal Revenue Service announced today a new program that
will enable many employers to resolve past worker classification issues and
achieve certainty under the tax law at a low cost by volunt...
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Keep Good Records Now to Reduce Tax-Time Stress
Aug 26, 2011
IRS publications provide valuable information on the records you should keep for tax purposes.
You may not be thinking about your tax return right now, but summer is a
great time to start planning fo...
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Eight Tips for Taxpayers Who Receive an IRS Notice
Aug 24, 2011
The IRS provides information on how to deal with their notices. Take a look at the tips below:
Every year the Internal Revenue Service sends millions of letters and
notices to taxpayers, but that doe...
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Ten Tips for Taxpayers Who Owe Money to the IRS
Aug 05, 2011
Recently, the IRS announced ten tips for taxpayers who owe money to the IRS. In addition to these IRS programs, a delinquent taxpayer should also look into the possibility of an Offer in Compromise. Qu...
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Seven Tax Tips for Job Seekers
Jul 29, 2011
The IRS has announced useful tax information for job seekers. Many taxpayers spend time during the summer months updating their rsum and
attending career fairs. The Internal Revenue Service reminds jo...
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