What Are IRS CP501 & CP502 Notices?

What Are IRS CP501 & CP502 Notices?

What Are IRS CP501 & CP502 Notices? If you owe back taxes to the IRS, you may be watching your mailbox to see when the agency will contact you about your balance due. Fortunately, the IRS sends…


IRS envelope

Mail, Phone, Email or Facebook...How Does the IRS Contact Taxpayers?

  Mail, Phone, Email or Facebook...How Does the IRS Contact Taxpayers? When the IRS needs to contact a taxpayer, the first contact is normally by letter delivered by the U.S. Postal Service. The…


Has the Spring Cleaning Bug Bit You? Can You Toss Those Tax Records?

Now that tax season is over are you itching to clean out your office and garage and get rid of boxes of old tax returns? Do you know which records you can toss and what to save? I am regularly asked,…


Tax Dodger Loses "Mark of the Beast" Case

Man Convicted of Not Filing Taxes Over "Mark of the Beast" A Pennsylvania man has been convicted of failing to file his income tax returns for 21 years because he considered using a Social Security…


Did You Make Energy Efficient Improvements to Your Home in 2016? You just might qualify to get a tax credit for making your home energy efficient

Here are some key facts to know about the home energy tax credits before you consult with your tax professional or prepare your tax return. There are two different credits, non-business and…


New Factors Increase Importance of Withholding Check-Up

There are several new factors that could affect refunds in 2017. A new tax law change requires the IRS to hold refunds a few weeks for some early filers in 2017 claiming the Earned Income Tax Credit…


IRS Warns of Back-to-School Scams

The IRS is warning against telephone scammers targeting students and parents during the back-to-school season and demanding payments for non-existent taxes, such as the “Federal Student Tax.” People…


Tax Relief to Louisiana Storm Victims

Louisiana storm victims will have until Jan. 17, 2017, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. All workers…


How To Make The Most Of The Latest IRS Tax Code Of 2014

Story by Jana Eschbach/CBS12 PORT ST LUCIE (CBS12) — Congress makes a last minute move to keep expired tax breaks in effect for 2014. That means tonight, you have an entire 30 hours to act before the…