Tax Law Blog | IRS Tax Attorneys
TAX LAW NEWS - TAX LITIGATION
From the category archives:
As April was winding down, the number of e-filers was going up.
More than 90 million tax returns were filed electronically through April 24, according to the IRS. As has been the trend over the last few years, more individuals in 2009 opted to electronically file their returns on their own.
In fact, that segment of filers [...]
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If you are going to prepare your tax returns yourself, be sure to use a reliable and easy-to-use software program. You can find an overview of prior year software. You should plan on spending about 2 to 3 hours per tax return you need to file.
An experienced tax professional, on the other hand, can help [...]
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For assessment of additional taxes, the statute of limitation runs generally three years from the date you file your return. If you’re looking for an additional refund, the limitations period is generally the later of three years from the date you filed the original return or two years from the date you paid the tax. [...]
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If you’re married, you can always file “Married Filing Separately.” That normally results in your paying more in taxes. But in some situations, it can be to your advantage.
For example, if one spouse has substantial medical or miscellaneous deductions, those deductions are subject to the 7.5% and 2% floors respectively. That is, only medical expenses [...]
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If you haven’t yet filed a tax return to get your stimulus payment, you still have time to do so. But you must file by Oct. 15 to get your payment this year. And if you’ve already filed to get your payment but have a question or issue, it might be addressed here.
Find the Answer
Still [...]
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You may not have filed your federal income tax return for this year or previous years. Regardless of your reason for not filing, file your tax return as soon as possible.
If your return was not filed by the due date (including extensions), you may be subject to the failure to file penalty, unless you have [...]
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According to some estimates, about three percent of taxpayers do not file tax returns at all. In the case of U.S. Federal income taxes, civil penalties for willful failure to timely file returns and willful failure to timely pay taxes are based on the amount of tax due; thus, if no tax is owed, no [...]
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