by Pierre Philantrope | Jun 19, 2024 | Tax Tip
Married taxpayers could still receive a refund when they jointly file their tax return even when the refund or part of the refund was applied or will be applied to pay a past due obligation of one spouse. You are an injured spouse if you filed a joint tax return...
by Pierre Philantrope | Jun 5, 2024 | Tax Tip
The Internal Revenue Service, in some cases, audits tax returns to ensure that taxpayers correctly pay their tax due. Knowing what the IRS will look for during an audit and getting prepared in case of an audit save taxpayers time and money. A tax audit can go on for...
by Pierre Philantrope | May 8, 2024 | Tax Tip
Million of taxpayers could not pay their taxes or failed to file their tax returns. The number increases every year. Some taxpayers incorrectly filed their return. The Internal Revenue Service, in many cases, would send them a letter. Unfortunately, many taxpayers...
by Pierre Philantrope | Mar 27, 2024 | Tax Tip
Many taxpayers are currently receiving correspondence from the Internal Revenue Service. Notices that were on hold because of Covid-19 and lack of funding to enforce compliance are resumed. Some taxpayers are now realizing that the Service did not overlook the past...
by Pierre Philantrope | Mar 13, 2024 | Tax Tip
There is a time period that the Internal Revenue Service can audit tax returns. There is is a statute of limitations on IRS audits and tax assessments. The time period is called Assessment Expiration Date (ASED). Once the limitations period expires, the IRS cannot...
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