Today TaxMama decides to reduce your tax anxiety. Here are five ways to reduce your daily, monthly or annual tax stress.
Today TaxMama hears from Teresa in Tennessee who blundered “I need to start paying estimated taxes; but it is too late to make the 1st quarter payment for this year. Can I start with the 2nd quarter?”
Courtesy of IRS – IR-2008-56 WASHINGTON — The Internal Revenue Service reminds taxpayers who owe but can’t pay in full that several options are available to help them meet their tax obligations and save money by the April 15 filing deadline. Taxpayers should file their return on time, pay as much as they can with […]
Courtesy of the Internal Revenue Service IR-2008-033 WASHINGTON —The Internal Revenue Service announced today that it has automated the user fee calculations for taxpayers entering into an installment agreement. Previously, taxpayers were required to submit a paper Form 13844 to request a reduced user fee. Now, eligibility for reduced fees is determined automatically by the […]
Today TaxMama hears from Margaret. “My daughter’s boyfriend, with whom she lives, filed his tax return claiming my daughter and their child for the sake of the EIC. He expected to receive approximately $2000 back as a refund. Instead he received a notice from IRS that not only was he not getting his refund, but […]