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...
Deductions, Individual taxes
The sales tax deduction is one of the little-known deductions available to individuals. Because taxpayers must choose between claiming the sales tax deduction or the state income tax deduction, most tend to claim their state taxes. In some cases, though, claiming...
