IRS Reports New Charity Scam in Wake of Typhoon Haiyan
IRS Warns Against National Phone Scam
IRS Scam Reported Throughout U.S.; Be Aware
The Internal Revenue Service has released a warning for consumers regarding a sophisticated phone scam that targets taxpayers, including recent immigrants, throughout the country. Victims are told they owe money to the IRS and it must be paid promptly through a pre-loaded debit card or wire transfer. If the victim refuses to cooperate, they are then threatened with arrest, deportation or suspension of a business or driver’s license. In many cases, the caller becomes hostile and insulting.
IRS Offers Deductions for Charitable Travel
In order to qualify for deductions, you must volunteer to work for a qualified organization, so be sure to ask the charity about its tax-exempt status. To see if a group is qualified, visit IRS.gov and use the Select Check tool.
IRS Offers Tax Tips for Newlyweds
With warm weather comes weddings, and the IRS is offering several tips for newlyweds when it comes to taxes. It’s important to ensure the names and Social Security numbers that are on your tax return match your Social Security Administration records, so if you’ve changed your name, report that to the SSA by filing a Form SS-5, Application for a Social Security Card. This form can be obtained on their website at SSA.gov, by calling 800-772-1213 or by visiting your local SSA office.
Walkerton-Lincoln Township Library Opens on Limited Schedule
St. Joesph County Auditor Peter Mullen told WKVI that the library was in arrears approximately $48,000 and the IRS contacted his office to file the necessary paperwork to put a lien on the library. The library closed in mid-May and just reopened on a limited schedule.
IRS Gives Tips for Students Seeking Summer Employment
Senate Republicans Demand Obama Administration Cooperate with IRS Investigation
The letter, led by Senate Finance Committee Ranking Member Orrin Hatch of Utah and Senate Republican Leader Mitch McConnell of Kentucky, raised concerns about conflicting responses from the IRS and emphasized the need for the administration to work with Congress on investigating the agency.
Taxes Due Monday; IRS Encourages Payment ASAP
If you haven’t yet filed your taxes, it’s time to do so before the IRS tax filing deadline on Monday. With the deadline less than three days away, the IRS is offering tips for those who have completed their federal tax return but are unable to pay it all upon filing.
IRS officials encourage taxpayers to file on time and pay as much as they can; filing on time ensures that the taxpayer will avoid the late filing penalty, and paying as much as possible reduces the late payment penalty and interest charges. For electronic payment options, see IRS.gov, and if paying by check, make it payable to the United States Treasury and include it with your return.
IRS Tax Filing Deadline Monday – Double-Check Tax Returns!
With just three days until the IRS tax filing deadline, the IRS is reminding taxpayers to review their tax returns for some of the more common errors that could potentially delay the processing of their returns.
The IRS encourages filers to file electronically, whether through e-file or IRS Free File, to vastly reduce the risk of tax return errors. The tax software performs the calculations, flags common errors, and prompts the taxpayer for missing information. Best of all, there are free options available for everyone.
IRS Accepting Tax Returns with Depreciation Credits
Taxpayers who claim depreciation credits can now file their federal income taxes. Laws passed by Congress in January required the Internal Revenue Service to reprogram and test its systems, leaving some filers in hiatus. Affected filers file Form 4562 for depreciation and amortization. Most of the people using the depreciation form tend to file later in the tax season or obtain a six-month extension, according to the IRS. Non-1040 business filers using Form 4562 can also file starting Sunday.
IRS Announces New Rules to Validate Tax Preparers
Here’s a memo for all paid tax preparers. After Saturday, you will need to provide the IRS with a business address, professional certifications, and the previous year’s tax returns, and you will also be required to obtain an I.D. number.
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