Information on tax problems and tax debt help
29
Sep
The Internal Revenue Service announced that it would stop automatically mailing out tax forms to taxpayers each year. The move was prompted by the 96 million taxpayers that use the e-file method and the 20 million people who filed through tax preparers, and could result in a savings of 10 million dollars a year for [...]
27
Sep
The pub did not have $30,000 to full pay its liability, therefore no liquor license renewal. Over the next five days Larson Financial contacted everyone possible in the appropriate state departments. Finally, after several conversations with the Department of Revenue’s Commissioner, the pub was granted a payment extension and was able to continue operating and entered into a manageable payment arrangement.
21
Sep
The IRS has released proposed regulations under Code Sec. 6302 with the goal of significantly increasing the number of electronic transactions between taxpayers and the federal government. If finalized, the proposed regulation would eliminate the rules for making federal tax deposits by paper coupon, because the paper coupon system will no longer be maintained by [...]
15
Sep
If you are a small non-profit or charity that has still not filed Form 990-N, you only have one month left to file or risk losing your tax-exempt status. As of June 30, 2010, more than 320,000 organizations were at risk of losing this status if they do not file by the October 15, 2010 [...]
15
Sep
There will be approximately 100 IRS Taxpayer Assistance Centers open across the nation on Saturday, September 25, from 9:00 am – 2:00 pm. The purpose of the special Saturday service locations is to provide help for individual taxpayers who need assistance dealing with notices and bills from the IRS, return preparation and other tax issues. [...]
The information provided on this Site is for general guidance and to offer the user general information on particular subjects of interest. It is not intended to constitute legal, accounting, tax or other professional advice or services. To the extent that this Site concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.