TAX TIPS Archive

  • Here’s what taxpayers should know if they get a notice from the IRS

    Certain taxpayers might get a letter from the IRS this year. It’s called an IRS Notice CP 2000. It gives detailed information about issues the IRS identified. The IRS sends this notice when information from a third party doesn’t match the information the taxpayer reported […]

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  • Members of the armed forces are entitled to certain tax benefits

    Members of the military and their families often qualify for special tax benefits. For example, members of the armed forces don’t have to pay taxes on some types of income. In addition, special rules could lower the tax they owe or allow them more time […]

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  • Taxpayers who still haven’t filed their 2018 tax return should do so ASAP

    While the federal income tax-filing deadline has passed for most people, some taxpayers did not file an extension and still have not filed their tax returns. These taxpayers should file ASAP. They should do so even if they can’t pay to avoid potential penalties and […]

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  • IRS reminder: June 17 is next deadline for those who pay estimated taxes

    Upcoming quarterly deadlines include September 16 and Jan. 15, 2020 WASHINGTON – The Internal Revenue Service today reminded taxpayers who pay estimated taxes that Monday, June 17, is the deadline for the second estimated tax payment for 2019. Examples of those who often need to […]

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  • Taxpayers have the right to appeal an IRS decision

    A taxpayer might at some point see the IRS make a decision about their taxes. If the taxpayer disagrees with this decision, they have the right to appeal it. The right to appeal an IRS decision in an independent forum is one of 10 basic rights known […]

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  • Tips for taxpayers who may need to amend their tax return

    Although the IRS often finds and corrects errors during processing, there are certain situations in which a taxpayer may need to file an amended return to make a correction. Here are some quick tips for anyone who discovered they made a mistake or forgot to include something […]

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