Rev. Proc. 2012-31 SECTION 1. PURPOSE The purpose of this revenue procedure is to update Rev. Proc. 95-15, 1995-1 C.B. 523, and to revise the fee prescribed under the authority of section 6110(k) of the Internal Revenue Code (Code) for processing requests for a background file document, including the costs for searching for the document, [...]
If you discover an error after you file your tax return, you can correct it by amending your return. Here are 10 tips from the Internal Revenue Service about amending your federal tax return: 1. When to amend a return Generally, you should file an amended return if your filing status, number of dependents, total [...]
If you discover an error after you file your tax return, you can correct it by amending your return. Here are 10 tips from the Internal Revenue Service about amending your federal tax return: 1. When to amend a return Generally, you should file an amended return if your filing status, number of dependents, total [...]
School’s out, but the IRS has another lesson for students who will be starting summer jobs. Summer jobs represent an opportunity for students to learn about the tax system. Not all of the money they earn will be included in their paychecks because their employer must withhold taxes. Here are six things the IRS wants [...]
School’s out, but the IRS has another lesson for students who will be starting summer jobs. Summer jobs represent an opportunity for students to learn about the tax system. Not all of the money they earn will be included in their paychecks because their employer must withhold taxes. Here are six things the IRS wants [...]
Don't wait to do your tax planning until the end of the year. It can be done year-round. See your tax professional now. You'll have plenty of time to make any necessary adjustments or payments so you don't owe on April 15th!
Don't wait to do your tax planning until the end of the year. It can be done year-round. See your tax professional now. You'll have plenty of time to make any necessary adjustments or payments so you don't owe on April 15th!
he Internal Revenue Service reminds taxpayers to follow appropriate guidelines when determining whether an activity is a business or a hobby, an activity not engaged in for profit.In order to educate taxpayers regarding their filing obligations, this fact sheet, the eleventh in a series, explains the rules for determining if an activity qualifies as a [...]
During the summer many parents may be planning the time between school years for their children while they work or look for work. The IRS wants to remind taxpayers that are considering their summer agenda to keep in mind a tax credit that can help them offset some day camp expenses. The Child and Dependent [...]
The Internal Revenue Service today announced that its offshore voluntary disclosure programs have exceeded the $5 billion mark and released new details regarding the voluntary disclosure program announced in January, including tightening the eligibility requirements. "We continue to make strong progress in our international compliance efforts that help ensure honest taxpayers are not footing the [...]