Tag Archives: Taxpayer

Taxpayer Bill of Rights

The IRS has issued bill of rights that every taxpayer has, and some of them are: You have the right to receive a tax notice informing you of the tax, interest, and penalties that the IRS claims you owe. If … Continue reading

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2014 Tax Tip #7 – Health Insurance Penalties

After 2013, taxpayers must pay a penalty if they do not maintain minimum health insurance coverage.  However, there are a number of exceptions that you may qualify for.  If you need assistance in preparing a tax return, contact our office … Continue reading

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Frivolous Arguments

Promoters of frivolous schemes encourage taxpayers to make unreasonable and outlandish claims to avoid paying the taxes they owe. The IRS has a list of frivolous tax arguments that taxpayers should avoid. These arguments are wrong and have been thrown … Continue reading

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Falsely Claiming Zero Wages or Using False Form 1099

Filing a phony information return is an illegal way to lower the amount of taxes an individual owes. Typically, a Form 4852 (Substitute Form W-2) or a “corrected” Form 1099 is used as a way to improperly reduce taxable income … Continue reading

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Return Preparer Fraud

About 60 percent of taxpayers will use tax professionals this year to prepare their tax returns. Most return preparers provide honest service to their clients. But, some unscrupulous preparers prey on unsuspecting taxpayers, and the result can be refund fraud … Continue reading

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October 15th Deadline Remains in Effect for Taxpayers Who Requested a Six-month Extension to File Tax Return

The Internal Revenue Service today reminded taxpayers that the Oct. 15 deadline remains in effect for people who requested a six-month extension to file their tax return. The current lapse in federal appropriations does not affect the federal tax law, … Continue reading

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