IRS
IRS: Here’s when you can begin filing your 2016 taxes
(USA Today) — The Internal Revenue Service said Thursday it expects to hold tax refunds for taxpayers this year claiming the earned income tax credit and the additional child tax credit until Feb. 15 to give the agency more time to detect fraud. The refunds likely won’t arrive on taxpayers’ bank accounts…
January 10, 2017
Tax Time Guide: Good Records Key to Claiming Gifts to Charity
IR-2016-50, March 28, 2016 WASHINGTON ― The Internal Revenue Service today reminded taxpayers planning to claim charitable donations to make sure they have the records they need before filing their 2015 tax returns. This is the fifth in a series of 10 IRS tips called the Tax Time Guide. These…
March 31, 2016
Phishing scheme requests Form W-2 and other confidential employee information
By Sally P. Schreiber, J.D. Payroll and human resources departments should beware of an email phishing scheme in which cybercriminals pose as company executives (including CEOs) and ask for confidential employee information, such as Forms W-2, Wage and Tax Statement, and employees’ Social Security numbers, address, date of birth, and salary,…
March 9, 2016
IRS Provides Tax Relief to Missouri Storm Victims; Tax Deadline Extended to May 16
WASHINGTON –– Missouri storm victims will have until May 16, 2016 to file their returns and pay any taxes due, the Internal Revenue Service announced today. All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief. Following this week’s disaster…
February 1, 2016
IRS Issues Nine Out of 10 Refunds in Less than 21 Days
WASHINGTON — The Internal Revenue Service today reminded taxpayers that it issues 90 percent of refunds in less than 21 days. The best way to check the status of a refund is online through the “Where’s My Refund?” tool at IRS.gov or via the IRS2Go phone app. “As February approaches,…
February 1, 2016
On the 10th Anniversary of EITC Awareness Day: IRS Alerts Workers of Significant Tax Benefit
WASHINGTON — The Internal Revenue Service joins partners across the country in promoting the Earned Income Tax Credit on EITC Awareness Day, Friday, January 29, 2016. This is the 10th anniversary of the EITC Awareness Day campaign, a nationwide effort to alert millions of low and moderate-income workers who may…
February 1, 2016