IRS closure dates announced
Posted on Wednesday, May 22nd, 2013 at 1:33 am.
The Internal Revenue Service (IRS) announced that its office will be closed on May 24, June 14, July 5, July 22, and August 30, 2013 due to the current budget situation and sequester.
All IRS offices, including all toll-free hotlines, the Tax Payer Advocate Service, and some of the agency’s 400 taxpayer assistance centers nationwide, will be closed on these days. The IRS stated that taxpayers are expected to file their returns and pay due taxes as normal.
On the closure dates mentioned, the IRS does not plan to address or acknowledge those tax returns which are filed online. However, additional time is going to be provided to taxpayers who have been asked to supply the IRS with certain documents if that deadline falls on a furlough day.
The IRS may possibly add additional furlough days if necessary.
If you need help addressing any tax matters, such as tax penalties, an experienced and knowledgeable tax attorney can help you. Get in touch with a representative who can help you by filling out the contact form.
Tax filing deadline extended for Boston bomb victims
Posted on Wednesday, May 1st, 2013 at 8:29 pm.
Boston marathon bomb victims will have an extension of three months to file and pay their federal taxes, according to the Internal Revenue Service.
The IRS released a statement saying that all residents of Suffolk County and those affected by the marathon bombing on April 15 can take additional time to file. Those living outside of this county will have to call the IRS to receive the extension, however, and can do so starting April 23. People who were affected can reach the IRS at 1-866-562-5227.
Commissioner Steven Miller said the IRS wants to grant victims and those who were affected by the bombing the time they need to ensure their taxes are completed. Monday’s bombing was the original deadline for filing taxes.
IRS releases top tax scams
Posted on Tuesday, April 2nd, 2013 at 5:06 pm.
On Tuesday, March 26, the IRS identified the most commonly used tax scams that thieves use to victimize unsuspecting Americans.
Claiming federal tax refunds using false identity was this year’s most commonly used scam on the list of tax frauds. The IRS said their agency prevented an issuance of $20 billion in fraudulent refunds last year. Additionally, there was an 80 percent increase of identity-theft cases from 2011 to 2012, despite IRS crackdown efforts. The agency employed some 3000 workers to address these identity-theft cases.
Other tax fraud scams that were in this year’s IRS list include phishing, return-preparer fraud by unscrupulous tax professionals, off-shore tax evasion, and ads or flyers that claim to provide free money from the IRS or Social Security Administration.
The agency has already put a special section on its website to help taxpayers and tax fraud victims.
Seek tax relief options in a secure and legal manner by getting help from an experienced and knowledgeable tax professional. Fill out the above form to get in touch with someone who can help you.
Drawbacks to using free tax filing websites
Posted on Wednesday, March 13th, 2013 at 9:00 pm.
When filing your taxes, you have many options available to you. One popular choice many of us avail of is free filing through several websites.
When you go to the “free file” section at www.irs.gov, you will be linked to dozens of websites that offer free filing; however, you should be wary of the catches these companies have. Many of these programs will often try to sell you a paid program from the beginning. They may also not be entirely free to file, with some still requiring you to pay as much as $30. Additionally, there is sometimes an income limit for some services, such as Turbotax, which has a limit on its free services of $31,000, and people ages 55 and above may not be able to use some free filing services, such as Liberty Tax and 1040 which require you to be under 53 years old.
Although using a free filing service can have many advantages, it is not the right choice for many people, especially if you are facing actions by the IRS for taxes or in need of tax relief. Get in touch with a professional who can help you by filling out the form at the top of this page.
IRS offers tax break to help Hurricane Sandy victims
Posted on Friday, November 2nd, 2012 at 9:36 pm.
The Internal Revenue Service has announced that a tax break will be given to those who suffered severe storm damage in the aftermath of Hurricane Sandy. President Obama announced Thursday that the storm was a “qualified disaster.”
Officials with the IRS stated that workers who received compensation from their workplaces will not be taxed on these payments. This relief also extends to payments from the Federal Emergency Management Agency, charities, and other relief programs.
In addition, businesses that make these relief payments can deduct them from their taxes. The IRS has also added that taxpayers who are in need of money for storm damage repairs can borrow from their 401(k)s.
To learn more about tax relief and the options available to you, contact the tax relief attorney today.
IRS extends tax deadline for those afffected by Hurricane Isaac
Posted on Wednesday, October 3rd, 2012 at 1:41 pm.
The Internal Revenue Service has extended the tax relief filing deadline for businesses and homeowners who were affected by Hurricane Isaac.
A press release from the IRS announced earlier this week that taxpayers in Louisiana and Mississippi do not have to file their taxes until next year.
The original deadline was set for August 26, but it has now been extended until January 11, 2013, so that the affected individuals have plenty of time to pay their taxes. The IRS also stated that the new deadline includes all businesses that had a previous extension of Sept. 17.
If you or a loved one is in need of tax relief and you would like to learn more about your options, contact a tax attorney today.
IRS provides tax relief for Hurricane Isaac victims
Posted on Friday, September 7th, 2012 at 7:45 pm.
The Internal Revenue Service has stated that they will be offering a tax break to qualified residents and businesses affected by Hurricane Isaac. This tax break allows them to postpone certain tax deadlines.
This tax relief announcement was made after the recent storms damaged many parishes in Louisiana, including St. Charles, Jefferson, Ascension, Livingston, Orleans, St. John, and St. Tammany.
The IRS stated that businesses or individuals affected by this hurricane will now have until Jan. 11, 2013 to file, depending on the original deadline of the tax item. To find out more details on these tax relief options, visit the IRS website today.
Identity theft causes IRS to pay fraudulent tax refunds
Posted on Thursday, August 2nd, 2012 at 10:06 pm.
A report that was recently released by the Internal Revenue Service shows that the tax agency could possibly hand out more than $21 billion in fraudulent tax refunds over the next five years due to identity theft.
The report was performed by the Treasury Inspector General for Tax Administration and featured the top addresses that received fraudulent tax refunds in 2010.
A Lansing, Michigan, address received over $3 million in tax refunds, and a Chicago address received over $900,000. IRS officials suspect that identity theft could be the cause of these potentially fraudulent tax forms.
If you have a question on filing your taxes, contact the tax attorneys today.
Connecticut uses new tax refund debit card
Posted on Wednesday, July 11th, 2012 at 1:31 pm.
This year, the state of Connecticut used a new program to refund tax credits to people who opted out of the direct deposit of their tax refunds. Instead of a check, the refund came on a debit card.
One thing to note with this program is that people can check their cards’ balances once for free, and then each time they access the balance, a small fee is attached. Many people are going to the bank and pulling out all of the money from the card and then redepositing it into a checking account in order to avoid these fees.
If you would like to learn more about tax refunds and tax relief, contact the tax attorneys today and discuss your situation.
Issue arises in senior tax relief in Fairfield
Posted on Thursday, July 5th, 2012 at 7:53 pm.
Seniors in the Fairfield area received their tax bills last weekend, but many were disappointed to find out that their tax exemptions were less noticeable than they expected.
Last year, the full amount of tax on a property was listed and then the exemption was deducted, leaving the net balance behind. This year, the exemption was not listed and this caused many people to think that they did not receive any exemption.
Officials with the real estate tax company began to receive calls in order to determine if they got the tax exemption and began to verify the exemptions. Officials are not sure if they will send correction bills that show the exact amount that was deducted because they are concerned that people will think they must pay twice.
If you or a loved one has questions on tax relief, contact the tax relief lawyers today.