IRS clamps down on tax fraud – Ends Faxing and Third-party Mailings of Tax Transcripts

IRS-Ends-Tax-Transcript-Fax-Mailing Did it ever occur to you that your tax transcripts could be imitated and used to file fraudulent returns in your name? Instances of imposters impersonating taxpayers and authorized third parties have become an issue which has sensitized most of us to be constantly on the alert. The IRS has been working on introducing new rules that will curb the menace [...]

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IRS Urges Taxpayers To e-file Extension Requests by April 15 Filing Deadline

IR-2009-36, April 7, 2009 WASHINGTON — Taxpayers who need more time to complete their returns should submit their requests for an automatic extension electronically by April [...]

Recovery hopes begin to blossom

A growing number of economists say they see signs that the battered U.S. economy could start to recover as soon as this summer. By Chris Isidore, senior [...]

Using IRAs to buy real estate

MarketWatch via NewsEdge : First of three parts SAN FRANCISCO (MarketWatch) -- One of today's soundest investments is never touted in financial-services ads. The reason: Wall [...]

IRS seeks state volunteers for taxpayer panel

Mar. 24--NASHVILLE -- The Internal Revenue Service is looking for a few volunteers from the Volunteer State to serve on panel that will make recommendations for improving IRS [...]

IRS, Partners Mark Super Saturday March 21 to Help Taxpayers

IR-2009-25, March 16, 2009 Audio Files for Podcasts: English SpanishWASHINGTON — The Internal Revenue Service and scores of its community partners will open their doors [...]

How to Avoid an IRS Audit?

Taxes are high enough; you don’t want to also pay penalties and interest because an audit reveals you’ve broken the rules. And Internal Revenue Service audits aren’t a [...]

Unreimbursed Job Related Expenses (JRE) – Deductibility on tax return

A Tax payer can avail job related expenses as an itemized deduction in the tax return. All the expenses incurred should be towards business and must not be reimbursed by the [...]

BBB Warning- Grant Companies Exploit Confusion over Stimulus Bill to Rip Off Consumers

Grant Companies Exploit Confusion over Stimulus Bill to Rip Off Consumers, Warns BBB Better Business Bureau is warning the public to be extremely wary of companies that [...]

U.S. Corporations Are Major Contributors to U.S. Tax Revenues

U.S. Corporations Are Major Contributors to U.S. Tax Revenues Business Wire via NewsEdge : Business Editors WASHINGTON--(BUSINESS WIRE)--February 25, 2009--A survey [...]

Forecasters: Economy worse in '09, better in '10

Forecasters: Economy worse in '09, better in '10 WASHINGTON_Brace yourself: The recession is projected to worsen this year. The country stands to lose a sizable chunk of [...]