New Tool Available on IRS Website to Help Taxpayers Who Have to Repay Their First-Time Homebuyer Credit
The IRS has a tool to help people who have to repay their First-Time Homebuyer Credit. Reminder letters will no longer be mailed to taxpayers who have to repay the credit but you can now [...]
Tax Law Changes for 2011 Federal Tax Returns
Before you file your 2011 federal income tax return in 2012, you should be aware of a few important tax changes that took effect in 2011. Check www.IRS.gov before you file for updates on any [...]
Eight Facts about New IRS Form 8949 and Schedule D
The IRS has a new form taxpayers must use to report most capital gains and losses from transactions relating to investment property. In previous years, these transactions would have been reported on your IRS Schedule [...]
Identity Theft and How You Can Protect Yourself
What is identity theft? Identity theft occurs when someone uses your personal information such as your name, Social Security number (SSN) or other identifying information, without your permission, to commit fraud or other crimes. How [...]
Federal Tax Information Aplenty through Social Media
Using the latest technologies, the IRS offers multiple avenues for you to get tax information. If you have a smartphone, they have an app! If you like to watch videos from your phone or computer, the [...]