Tax Guide: IRS, rules, laws, changes, help, tips, filing, refund - Cincinnati News, FOX19-WXIX TV
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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.
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.
The Internal Revenue Service Office of Appeals will soon pilot a new web-based virtual conference option for taxpayers and their representatives
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.
As tax filing season approaches, the Internal Revenue Service has information for taxpayers who wonder how long to keep tax returns and other documents.
As the start of tax filing season approaches, the Internal Revenue Service is reminding taxpayers to start thinking about who will prepare their 2016 federal tax return.
The Internal Revenue Service and its Security Summit partners cautioned taxpayers today to avoid identity theft by watching for phishing scams that can increase around the tax season.
The Internal Revenue Service, the states and the tax industry today urged taxpayers to take steps to protect themselves online to help in the fight against identity theft.
The Internal Revenue Services and its partners, in the fight against identity theft, urge computer users to strengthen their passwords.
The Internal Revenue Service announced the launch of an online application that will assist taxpayers with straightforward balance inquiries in a safe, easy and convenient way.
Even as Republicans in Congress race to repeal the Affordable Care Act, the IRS is reminding millions of Americans they still need to sign up soon for health insurance if they don't want to pay fines.
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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 >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
Full Story >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
Full Story >Taxpayers need to be cautious of phone calls or automated messages from scammers who claim to be from the IRS
Full Story >Taxpayers need to be cautious of phone calls or automated messages from scammers who claim to be from the IRS
Full Story >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
Full Story >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
Full Story >If summer plans include starting a business, be sure to visit IRS.gov
Full Story >If summer plans include starting a business, be sure to visit IRS.gov
Full Story >Take this quiz before you take action on debt
Full Story >Take this quiz before you take action on debt
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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