Business taxes, Individual taxes, Tax Debts and Collections
YES, there are. The Internal Revenue Service has proposed changing its fees for people who pay taxes in installments starting on January 1, 2017. Currently, the fee is a maximum of $120, and it will go up to $225. TaxLane regularly helps people work though all types...
Business taxes, Deductions, Individual taxes
Pooling resources among citizens is quickly becoming an effective way to reduce cost, and make ends meet during trying financial times. Households are discovering that sharing capabilities such as transportation and lodging can relieve financial pressures of day to...
Individual taxes, Tax Scams
With students and parents preparing to face the start of the new school year, there’s already a lot of running around and taking care of last minute details. The start of the new school year also brings tax scams. The IRS recently announced that a new scam is...
Deductions, Individual taxes
On August 12, 2014, the IRS announced that the “Taxpayer Bill of Rights” is now available in six languages. The current version of Publication 1, Your Rights as a Taxpayer, is now posted on www.IRS.gov. The available languages include: English, Spanish, Chinese,...
Individual taxes, Interest and Penalties, Liens and Levies, Tax Debts and Collections, Tax Scams
The Internal Revenue Service and Treasury Inspector General for Tax Administration (“TIGTA”) are still receiving complaints from taxpayers about unsolicited calls from people claiming to be from the IRS and demanding payment. The TIGTA has identified approximately...
Deductions, Individual taxes
The Internal Revenue Service will begin accepting electronically filed individual tax returns today (Jan. 31, 2014) to officially open the 2014 filing season. The IRS encourages taxpayers to use e-file as one of the fastest way to receive refunds. The delay in the...
