Tax Guide: IRS, rules, laws, changes, help, tips, filing, refund - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX
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The Internal Revenue Service reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017.
Millions of Americans still need to file. Procrastination experts challenge the stigma of procrastination and explain ways to overcome or use procrastination to your advantage.
This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.”
Taxpayers starting today can begin preparing and e-filing their taxes for free with IRS Free File software
The new law makes a number of changes for 2018 that affect individual taxpayers
Adoptive parents around the country may qualify for a tax credit
Cybercriminals already are at work as the nation’s tax season approaches
As taxpayers prepare for the January 29 start of filing season, they should consider a direct deposit of any refunds due
The nation’s tax season will begin Monday, Jan. 29, 2018
Taxpayers should choose their tax return preparer wisely
Tax professionals can protect taxpayer data by simply looking around their own offices
The IRS announced that it has extended the 2018 due date for certain entities to provide 2017 health coverage information forms to individuals
he Internal Revenue Service announced the release of the Criminal Investigation Division’s (CI) annual report, reflecting significant accomplishments and criminal enforcement actions taken in fiscal year 2017
Tax professionals must take strong measures to protect themselves and their clients
Seven things you should know when creating a password for your online tax information
Hotmail users beware, a new email scheme may be lurking
The Internal Revenue Service issued guidance providing safe harbor methods that individuals may use in determining the amount of their losses for their homes and personal belongings, including losses from recent hurricanes.
With the online holiday shopping season in full swing, it’s the perfect time for all taxpayers to take steps to protect their identities and personal data
Taxpayers interacting with the IRS should know their rights
When it comes to paying your taxes, it is important to understand your rights
The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2018
Taxpayers can take steps to ensure smooth processing of their 2017 tax return next year
The Internal Revenue Service reminds taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) to submit their renewal applications as soon as possible
There are steps that identity theft victims can take to protect their financial accounts, their identities and their tax returns
There are steps that data theft victims may take to protect their financial accounts and their identities once cybercriminals have their names and other sensitive information
People who are the victim of a data breach should consider five steps to help protect their sensitive information that can be used on a tax return
As tax filing season approaches, the Internal Revenue Service encourages taxpayers to visit IRS.gov first for tax tools and resources before calling
The IRS, state tax agencies and the nation’s tax industry urge people to be on the lookout for new, sophisticated email phishing scams that could endanger their personal information and next year’s tax refund
During the holiday shopping season, shoppers are looking for the perfect gifts. At the same time, criminals are looking for sensitive data.
As people are deciding where to make their donations on Giving Tuesday, the IRS has a tool that may help
A taxpayer must report income on their tax return even if it is made from a hobby
The Internal Revenue Service reminds taxpayers looking to maximize their tax savings before the end of the year to consider charitable giving
The IRS is partnering with state tax agencies, the tax industry and groups across the country to encourage all taxpayers to take steps to protect their tax data and identities
The Internal Revenue Service today reminded employers and other businesses of the Jan. 31 filing deadline that now applies to filing wage statements and independent contractor forms with the government
Here are seven simple suggestions on how individuals can handle a letter or notice from the IRS
The Internal Revenue Service today reminded eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2018
The Internal Revenue Service reminds low- and moderate-income workers to plan now to earn a credit on their 2017 tax return
As the end of the year approaches, the IRS encourages taxpayers to consider a tax withholding checkup
The IRS reminds veterans and current members of the military that they may be eligible for certain tax benefits
Here are six things taxpayers should know about how the sharing economy might affect their taxes
The Internal Revenue Service today advised taxpayers about steps they can take now to ensure smooth processing of their 2017 tax return and avoid a delay in getting their refund next year.
The IRS understands that taxpayers who owe money need choices on how they can make payments to the agency. IRS offers three easy ways to pay taxes
With 10 million taxpayers a year facing estimated tax penalties, the IRS offers some simple tips to help prevent a surprise at tax time.
Taxpayers who live in an area affected by one of the many disasters this year can visit IRS.gov. The website has details about tax relief that might benefit them
The Internal Revenue Service reminds taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) to submit their renewal applications as soon as possible
The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2016 tax return electronically to do so by Saturday, Nov. 18, 2017
The Internal Revenue Service today reminded taxpayers assessed an estimated tax penalty for tax year 2016 that they still have time to take steps to reduce or eliminate the penalty for 2017 and future years
As the end of 2017 approaches, the Internal Revenue Service today encouraged taxpayers to consider a tax withholding checkup
New business owners have tax-related things to do before launching their companies
The Internal Revenue Service today reminded the nation’s more than 727,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2018
The IRS reminds all tax preparers they have a responsibility to protect and secure sensitive data
Seven resources to help small businesses owners with common topics
Charitable organizations have 24/7 access to online courses on Stay Exempt, an IRS website
The IRS is offering a webinar to help tax professionals protect their business and their clients’ data
The Internal Revenue Service today announced the tax year 2018 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules and other tax changes
The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2018
When a hurricane or other disaster strikes, the IRS wants taxpayers to know they can count on the agency for help
Taxpayers who plan to claim a charitable deduction on their tax return must do two things
Victims of wildfires ravaging parts of California now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments
The Internal Revenue Service today warned taxpayers to remain vigilant to scams as they continue to be reported around the country
While taxpayers will not start filing their tax returns for a few months, there are a few things they can do to make the process easier next year
The IRS today warned all e-Services users to beware of a new phishing scam that tries to trick tax professionals into “signing” a new e-Services user agreement
After a disaster, many business owners might need to reconstruct records to prove a loss. This may be essential for tax purposes, getting federal assistance, or insurance reimbursement.
Taxpayers who requested an extension of time to file their federal tax returns have until Oct.16 to double-check their returns for tax benefits that people often overlook
The Internal Revenue Service urged taxpayers who have a filing extension through Oct. 16 to check their returns for often-overlooked tax benefits
Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss
Taxpayers who get an unexpected or unsolicited phone call from the IRS should be wary – it’s probably a scam
The Internal Revenue Service has an important reminder for taxpayers who filed for an extension and face an Oct. 16 filing deadline
Here are seven reminders for taxpayers who have not yet filed their 2016 taxes
Farmers and ranchers who previously were forced to sell livestock due to drought in an applicable region now have an additional year to replace the livestock and defer tax on any gains from the forced sales
The Internal Revenue Service today reminded parents and students that there are many tax benefits available to them, and the easiest way to learn more about them is through the education resources available on IRS.gov.
The Internal Revenue Service wants taxpayers, especially those who received tax-filing extensions, to know they can still get the tax help they need to meet the Oct. 16 extension deadline
With back-to-school season in full swing, the Internal Revenue Service reminds parents and students about tax benefits that can help with the expense of higher education
The Internal Revenue Service today offered a rundown of key tax relief that has been made available to victims of Hurricanes Harvey, Irma and Maria.
Hurricane Irma victims in the entire state of Georgia now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments
The Internal Revenue Service today announced it will not impose a penalty on certain uses of certain adulterated fuels that do not comply with applicable EPA regulations, in response to shortages of Ultra Low Sulfur Diesel fuel caused by Hurricane Irma.
Tax-exempt organizations in parts of Texas, Florida, Puerto Rico and the Virgin Islands may qualify for tax relief from the IRS
The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Irma and members of their families.
The IRS, state tax agencies and the tax industry today reminded tax professionals that if they experience a breach or theft of taxpayer data they should immediately contact the IRS to help protect clients
The IRS is looking for community volunteers to provide free tax preparation and help to their neighbors and other area residents in 2018
The Internal Revenue Service today announced the selection of five new members for the Electronic Tax Administration Advisory Committee (ETAAC).
For September’s National Preparedness Month, the Internal Revenue Service is offering advice to taxpayers who may be affected by storms, fires, floods or other disasters
The Internal Revenue Service today announced special relief designed to support leave-based donation programs to aid victims of Hurricane Harvey.
The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Harvey and members of their families
The beginning of the school year is a good time for a reminder of the tax benefits for education. These benefits can help offset qualifying education costs.
The Internal Revenue Service, in response to shortages of undyed diesel fuel caused by Hurricane Harvey, will not impose a penalty when dyed diesel fuel is sold for use or used on the highway.
The Internal Revenue Service today issued a warning about possible fake charity scams emerging due to Hurricane Harvey and encouraged taxpayers to seek out recognized charitable groups for their donations.
Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments
Taxpayers who are looking for a new job that is in the same line of work may be able to deduct some job-hunting expenses on their federal income tax return, even if they don’t get a new job.
Filing an amended tax return corrects information that changes tax calculations
The Internal Revenue Service is seeking applications for vacancies on the Advisory Committee on Tax Exempt and Government Entities (ACT)
Every taxpayer has a set of fundamental rights and the IRS has an obligation to protect them
Taxpayers may be able to deduct certain expenses of moving to a new home because they started or changed job locations
The W-2 scam – called a business email compromise or BEC – is one of the most dangerous phishing email schemes trending nationwide from a tax administration perspective
Taxpayers need to be cautious of phone calls or automated messages from scammers who claim to be from the IRS
The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that, in most cases, their next federal highway use tax return is due Thursday, Aug. 31, 2017
If summer plans include starting a business, be sure to visit IRS.gov
Want to know how to file a tax return for free or the fastest way to check on a refund?
The Internal Revenue Service began mailing letters this month to more than 1 million taxpayers with expiring Individual Taxpayer Identification Numbers and urges recipients to renew them as quickly as possible to avoid tax refund and processing delays.
The Internal Revenue Service, state tax agencies and the tax industry today reminded tax professionals that their entire digital network could be at risk for remote takeover by cybercriminals.
The IRS continues to work hard to stop identity theft with a strategy of prevention, detection and victim assistance.
The Internal Revenue Service, state tax agencies and the tax industry today warned tax professionals to be alert to a new phishing email scam impersonating tax software providers and attempting to steal usernames and passwords.
Taxpayers must report all gambling winnings as income. They must be able to itemize deductions to claim any gambling losses on their tax return.
When the IRS needs to contact a taxpayer, the first contact is normally by letter delivered by the U.S. Postal Service.
The Internal Revenue Service, state tax agencies and the tax industry today warned tax professionals that ransomware attacks are on the rise worldwide as bad actors here and abroad infiltrate computer systems and hold sensitive data hostage
Homeowners may qualify to exclude from their income all or part of any gain from the sale of their main home.
During the summer, some taxpayers may travel because of their involvement with a qualified charity. These traveling taxpayers may be able to lower their taxes.
Taxpayers should keep copies of their tax returns for at least three years. Those who need a copy of their tax return should check with their software provider or tax preparer.
The IRS, state tax agencies and the tax industry have made significant progress in the past two years against tax-related identity theft aimed at individuals but warned business identity theft is on the upswing.
To prevent a tax-time surprise, the IRS offers a few tips
Miscellaneous deductions are tax breaks that generally don’t fit into a particular tax category
The Internal Revenue Service encouraged taxpayers to consider checking their tax withholding
There is good reason for a new couple to consider how the nuptials may affect their tax situation.
The IRS, state tax agencies and the tax industry today warned tax professionals that account takeovers by cybercriminals are on the rise and practitioners increasingly are the targets.
Tax help and information is available whenever needed on IRS.gov
Members of the military may qualify for tax breaks and benefits
Many parents send their children to summer day camps while they work or look for work. The IRS urges those who do to save their paperwork for the Child and Dependent Care Tax Credit.
Spear phishing emails, often tailored to individual practitioners, result in stolen taxpayer data and fraudulent tax returns filed in the names of individual and business clients
The IRS mails millions of letters every year to taxpayers for a variety of reasons, here are some suggestions on how to handle one
The IRS wants taxpayers to know it stands ready to help in the event of a disaster. If a taxpayer suffers damage to their home or personal property, they may be able to deduct the loss they incur on their federal income tax return. If their area receives a federal disaster designation, they may be able to claim the loss sooner.
The IRS announced today that tax professionals interested in attending the IRS Nationwide Tax Forum in Dallas can save $115 by registering by July 11.
Students and teenagers often get summer jobs. This is a great way to earn extra spending money or to save for later. The IRS offers a few tax tips for taxpayers with a summer job.
The Internal Revenue Service reminded taxpayers today that if they are unable to file their tax returns by this year’s April 18 deadline there is an easy, online option to get more time to complete their return.
The Electronic Tax Administration Advisory Committee (ETAAC) held its annual public meeting and released its annual report to the IRS and the Congress, which includes numerous recommendations on improving electronic security in the tax system and fighting tax fraud related to identity theft.
National Taxpayer Advocate Nina E. Olson today released her statutorily mandated mid-year report to Congress
The IRS, state tax agencies and the tax industry today warned tax professionals to beware of phishing emails purporting to be from a tax software education provider and seeking extensive amounts of sensitive preparer data.
The Internal Revenue Service reminds small businesses of the many free products available to help them understand and comply with the law
The Internal Revenue Service is now accepting renewal applications for the Individual Taxpayer Identification Numbers (ITINs) set to expire at the end of 2017.
The Orlando IRS Nationwide Tax Forum will take place July 11 to 13.
The Internal Revenue Service announced today the addition of several new features to the online account tool first introduced late last year as part of the IRS’s commitment to improve and expand taxpayer services.
The Internal Revenue Service today reminded taxpayers living and working abroad that they must file their 2016 federal income tax return by Thursday, June 15.
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2017
Taxpayers who need in-person help from an IRS Taxpayer Assistance Center (TAC) need to call to schedule an appointment.
The Internal Revenue Service today issued notices of certification to 84 organizations that applied for voluntary certification as a Certified Professional Employer Organization (CPEO).
Beginning June 15, taxpayers requesting letter rulings, closing agreements and certain other rulings from the Internal Revenue Service will need to make user fee payments electronically using the federal government’s Pay.gov system.
The Statistics of Income (SOI) Division produces the online Bulletin quarterly, providing the most recent data available from various tax and information returns filed by U.S. taxpayers.
With Hurricane Preparedness Week, May 7 to 13, the Internal Revenue Service offered advice to taxpayers who may be affected by these types of storms, as well as other natural disasters.
Millions of people enjoy hobbies that are also a source of income. The Internal Revenue Service offers some tips on hobbies.
During National Small Business Week—April 30 to May 6—the IRS is highlighting tax benefits and resources designed to help new and existing small businesses.
Small business owners that offer goods and services through an online platform may be part of the sharing economy. The IRS has a Sharing Economy Tax Center to help these taxpayers find the information and help they need to meet their tax obligations.
The IRS encourages all businesses and business owners to know the rules when it comes to classifying a worker as an employee or an independent contractor.
During Small Business Week, the Internal Revenue Service will promote many online products to help small business owners and those who are self-employed understand their tax responsibilities.
Taxpayers who have a tax debt they cannot pay may have heard that they can settle their tax debt for less than the full amount owed. It’s called an Offer in Compromise.
The tax deadline for most taxpayers was Tuesday, April 18, 2017. The IRS has some advice for taxpayers who missed the filing deadline.
IRS provides tips on determining if it’s really the IRS at your door
The IRS mails millions of pieces of correspondence every year to taxpayers for a variety of reasons. Here are some suggestions on how to best handle a letter or notice from the IRS
Taxpayers can fix mistakes or omissions on their tax return by filing an amended tax return. Those who need to amend will find the following tips helpful.
IRS offers last-minute tips for those who haven’t filed
The IRS urges taxpayers to avoid waiting until April 18 to file their taxes. For those who do wait, the IRS has easy-to-access online resources to help.
IRS urges taxpayers not to rush; choose return preparers wisely
This year’s tax-filing deadline is April 18. Taxpayers needing more time to file their taxes can get an automatic six-month extension from the IRS.
The Internal Revenue Service wants taxpayers who have yet to file their 2016 federal income tax return to know they can still get last-minute free tax help.
Taxpayers who use their home for business may be able to deduct expenses for the business use of it.
As the April 18 income tax filing deadline approaches, millions of taxpayers may be rushing to complete their taxes and many may realize they're going to need more time.
The Internal Revenue Service reminded taxpayers today that unclaimed federal income tax refunds totaling more than $1 billion may be waiting for an estimated 1 million taxpayers who did not file a 2013 federal income tax return.
If taxpayers use one of the many online platforms to rent a spare bedroom, provide car rides or a number of other goods or services, they may be involved in the sharing economy.
Taxpayers who contribute to a retirement plan, like a 401(k) or an IRA, may be able to claim the Saver’s Credit. This credit can help a person save for retirement and reduce taxes at the same time.
The tax filing deadline is Tuesday, April 18 this year. This is because April 15 falls on a weekend and the following Monday is a holiday in the District of Columbia. Even with an extra three days, the IRS urges taxpayers to avoid waiting until the last minute to file their taxes.
The Volunteer Income Tax Assistance program provides free tax help to military members and their families.
Taxpayers who have adopted or tried to adopt a child in 2016 may qualify for a tax credit. Here are ten important things about the adoption credit.
Tax help is available anytime at IRS.gov. The official IRS website offers quick access to information and helpful tax tools.
The IRS urges people not to overlook the Child and Dependent Care Tax Credit. Eligible taxpayers may be able claim it if they paid for someone to care for a child, dependent or spouse last year.
Taxpayers who received unemployment benefits need to remember that it may be taxable. Here are five key facts about unemployment:
Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference.
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning April 1, 2017.
The IRS encourages taxpayers to file an accurate tax return. If a taxpayer makes an error on their return, it will likely take longer for the IRS to process it.
Self-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed.
The Internal Revenue Service announced that taxpayers now may use their smart phones or tablets to electronically prepare and file their federal and state tax returns through IRS Free File.
Scams continue to use the IRS as a lure. These tax scams take many different forms. The most common scams are phone calls and emails from thieves who pretend to be from the IRS.
If taxpayers receive Social Security benefits, they may have to pay federal income tax on part of those benefits. These IRS tips will help taxpayers determine if they need to do so.
The Internal Revenue Service reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017.
The Internal Revenue Service reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017.
The Internal Revenue Service reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017.
The Internal Revenue Service reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017.
Taxpayers should choose their tax return preparer wisely – with good reason.
The Internal Revenue Service wants taxpayers with disabilities and parents of children with disabilities to be aware of the Earned Income Tax Credit (EITC) and correctly claim it if they qualify.
Taxpayers who still file paper returns may find now is the best time to switch to e-file. Last year over 85 percent of taxpayers filed their taxes electronically. E-file is the fastest and safest way to file.
Produced for AARP
Full Story >Produced for AARP - Help for Seniors Facing the Challenges of Tax Season
Full Story >Produced for Intuit
Full Story >Produced for Intuit - Only 12% of millennials feel very prepared for their financial future. Here’s what they can do today to help
Full Story >Produced for AARP Foundation
Produced for AARP Foundation - While we assist taxpayers of all ages. Our target population are those who are over age fifty. We are proud to say that it really is free to the taxpayers. Our volunteers are there ready to assist them.
Full Story >Eligible businesses can still claim Empowerment Zone tax benefits through the end of this year.
Full Story >Eligible businesses can still claim Empowerment Zone tax benefits through the end of this year.
Full Story >If you use your home for business, you may be able to deduct expenses for the business use of your home.
Full Story >If you use your home for business, you may be able to deduct expenses for the business use of your home.
Full Story >The Internal Revenue Services and its partners, in the fight against identity theft, urge computer users to strengthen their passwords.
Full Story >The Internal Revenue Services and its partners, in the fight against identity theft, urge computer users to strengthen their passwords.
Full Story >How would you like an overnight increase in your credit score, through no action of your own?
Full Story >How would you like an overnight increase in your credit score, through no action of your own?
Full Story >Being served legal papers can be a scary experience for a senior
Full Story >Being served legal papers can be a scary experience for a senior
Full Story >Waiting until the last minute to pay your taxes can cost you
Full Story >Waiting until the last minute to pay your taxes can cost you
Full Story >What do you do if you fall victim to tax-related identity theft?
Full Story >What do you do if you fall victim to tax-related identity theft?
Full Story >Have you ever cheated on your taxes? If so, you are in the minority – but you aren't alone, either
Full Story >Have you ever cheated on your taxes? If so, you are in the minority – but you aren't alone, either
Full Story >| INFORMATIONAL DISCLAIMER The information contained on or provided through this site is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional financial or accounting advice. Always seek the advice of your accountant or other qualified personal finance advisor for answers to any related questions you may have. Use of this site and any information contained on or provided through this site is at your own risk and any information contained on or provided through this site is provided on an "as is" basis without any representations or warranties. |
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