Tuesday Tax Tip

Taxpayers Now Have More Time to Challenge a Levy

  Taxpayers Now Have More Time to Challenge a Levy The IRS reminds individuals and businesses that they have additional time to file an administrative claim or bring a civil action for wrongful levy or seizure. Tax reform legislation enacted in December extended the time limit from nine months to two years. Here are some facts about […]
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IRS Warns Taxpayers New Twist on Phone Scam

IRS Warns Taxpayers New Twist on Phone Scam:   The Internal Revenue Service is warning taxpayers of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers (TACs) to trick taxpayers into paying non-existent tax bills.   In the latest version of the phone scam, criminals […]
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IRS Offer in Compromise Public Inspection Program

IRS Offer in Compromise Public Inspection Program: The IRS Offer in Compromise (OIC) program is a lengthy, detail process to come to an agreement between a taxpayer and the IRS to settle a tax liability for less than the full amount. The IRS is authorized to settle a tax debt on one of three grounds: […]
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IRS Appeals – Specific Dollar Settlements

IRS Appeals – Specific Dollar Settlements What is “IRS Appeals?” The Office of Appeals is an independent organization within the IRS that helps taxpayers resolve their tax disputes through an informal, administrative process. Their mission is to resolve tax controversies fairly and impartially, without litigation. Appeals reviews cases after the IRS has made its decision, […]
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IRS Email Subscriptions (IRS Tax Tip 2018-97)

IRS Email Subscriptions (IRS Tax Tip 2018-97) The IRS issues tax information by email for many different audiences. Here are some of the electronic subscriptions people can request by visiting the e-News Subscriptions page on IRS.gov: * Guidewire: People who sign up for Guidewire receive email notifications when the IRS issues advance copies of tax […]
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Get Your Refund Faster: Tell IRS to Direct Deposit your Refund…

Get Your Refund Faster: Tell IRS to Direct Deposit your Refund… The best and fastest way to get your tax refund is to have it electronically deposited for free into your financial account. The IRS program is called direct deposit. You can use it to deposit your refund into one, two or even three accounts. […]
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