Tag Archives: IRS

FTC Stops India-Based IRS and other Scams

FTC Settlement Puts a Stop to Money Mule Who Profited from India-Based IRS and Other Scams Reprint from FTC Email Subscription and Website A Florida man charged with helping telemarketers in India defraud cash-strapped American consumers will be banned from … Continue reading

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Too busy? File your W-2s, 1099s and SSA filings the easy way. Use Greatland Yearli.

Yes, I am a procrastinator and yes, I hate to re-create the wheel. So, I use Greatland Yearli every year as the process is super easy and accurate. Continue reading

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Get your required minimum distribution (RMD) before it’s too late

In general, those who are over age 70½ must take at least a minimum payment from their retirement account each year by December 31. Continue reading

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Alert to taxpayers – IRS warns of fake emails purporting to contain an IRS tax bill related to the Affordable Care Act

Issue Number: IR-2016-123 Inside This Issue IRS and Security Summit Partners Warn of Fake Tax Bill Emails WASHINGTON — The Internal Revenue Service and its Security Summit partners today issued an alert to taxpayers and tax professionals to be on … Continue reading

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IRS Spent $10.71 Million on Guns and Ammo

What?  Why?  Now… wait a minute, why??? The Internal Revenue Service spent $10.71 million on guns, ammunition and other military-style equipment from fiscal year 2006 to FY 2014, according to a new report. Source: IRS Spent $10.71 Million on Guns … Continue reading

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It is time to start planning for next year’s taxes.

You can also get Tax Tips on IRS.gov or IRS2Go, the IRS mobile app. Continue reading

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IRS Acquiescence Gives Unmarried Couples a Double Deduction | Accounting Today News

Source: IRS Acquiescence Gives Unmarried Couples a Double Deduction | Accounting Today News Continue reading

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Why is Tax Day April 18, 2016 for 2015 tax year?

…due to the Washington D.C. Emancipation Day holiday being observed on April 15 instead of April 16, 2016, Tax Day is on the following Monday. Continue reading

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Time slipping by? How to File an Extension of Time to File Your Tax Return.

Extension to File Your Tax Return Do you need more time to prepare your tax return? Federal – If you are unable to file your federal income tax return by the due date, you may be able to get an … Continue reading

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Owe Back Taxes? Lose Your Passport

The roughly 8 million Americans who live abroad automatically get a couple additional months each year to file their taxes. Don t expect them to be grateful. Source: Owe Back Taxes? Lose Your Passport

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