Tag Archives: IRS

Tips for Taxpayers, Victims about Identity Theft and Tax Returns

Posted on September 12, 2013 by Camron Hoorfar

The Internal Revenue Service is taking additional steps during the 2013 tax season to protect taxpayers and help victims of identity theft and refund fraud. Stopping refund fraud related to identity theft is a top priority for the tax agency. … Continue reading →

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Summer 2013 Statistics of Income Bulletin Now Available

Posted on September 3, 2013 by Camron Hoorfar

  The Internal Revenue Service today announced that the summer 2013 issue of the Statistics of Income Bulletin is available at IRS.gov. The summer 2013 issue features data from Form W-2, Wage and Tax Statement, filed with individual income tax … Continue reading →

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Treasury and IRS Announce That All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes; Ruling Provides Certainty, Benefits and Protections Under Federal Tax Law for Same-Sex Married Couples

Posted on August 30, 2013 by Camron Hoorfar

  The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes. The ruling applies regardless of … Continue reading →

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Give Withholding and Payments a Check-up to Avoid a Tax Surprise

Posted on August 28, 2013 by Camron Hoorfar

Some people are surprised to learn they’re due a large federal income tax refund when they file their taxes. Others are surprised that they owe more taxes than they expected. When this happens, it’s a good idea to check your … Continue reading →

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Ten Tax Tips for Individuals Selling Their Home

Posted on August 26, 2013 by Camron Hoorfar

If you’re selling your main home this summer or sometime this year, the IRS has some helpful tips for you. Even if you make a profit from the sale of your home, you may not have to report it as … Continue reading →

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Give Tax Records a Mid-Year Tune-up this Summer

Posted on August 23, 2013 by Camron Hoorfar

During the summer, you may not think about doing your taxes, but maybe you should. Some of the expenses you’ve paid over the past few months might qualify for money-saving tax credits or deductions come tax time. If you organize … Continue reading →

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If You Receive an IRS Notice, Here’s What to Do

Posted on August 21, 2013 by Camron Hoorfar

Each year the IRS sends millions of letters and notices to taxpayers. Although some people may feel anxious when they receive one, many are easy to resolve. Here’s what to do if you receive a letter or notice from the … Continue reading →

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Back-to-School Tax Tips for Students and Parents

Posted on August 14, 2013 by Camron Hoorfar

Going to college can be a stressful time for students and parents. The IRS offers these tips about education tax benefits that can help offset some college costs and maybe relieve some of that stress. • American Opportunity Tax Credit.  This … Continue reading →

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Reduce Your Taxes with Miscellaneous Deductions

Posted on August 5, 2013 by Camron Hoorfar

If you itemize deductions on your tax return, you may be able to deduct certain miscellaneous expenses. You may benefit from this because a tax deduction normally reduces your federal income tax. Here are some things you should know about … Continue reading →

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Eight Tips for Taxpayers Who Owe Taxes

Posted on August 2, 2013 by Camron Hoorfar

While most taxpayers get a refund from the IRS when they file their taxes, some do not. The IRS offers several payment options for those who owe taxes. Here are eight tips for those who owe federal taxes. 1. Tax bill … Continue reading →

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