Category Archives: IRS

EFTPS Passwords Must be Updated

Posted on January 27, 2008 by Russ

If you use the federal EFTPS system to pay your federal taxes you must update your password. EFTPS now requires passwords to be eight to twelve characters long, containing at least one uppercase letter, one lowercase letter, and one number … Continue reading →

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IRS: Audits, Customer Satisfaction Up

Posted on January 22, 2008 by Russ

The IRS released the statistics on the most recent tax season last week. The good: customer satisfaction with the IRS toll-free telephone line (for answering tax questions) has risen to 94%. Do note that there is still a significant chance … Continue reading →

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IRS Releases a Not-So Frivolous Announcement

Posted on January 14, 2008 by Russ

Every year the IRS releases a list of positions that will be considered frivolous under Section 6702 of the Internal Revenue Code. Today, the IRS issued Notice 2008-14. There are some new positions that will be considered frivolous: (9)g. The … Continue reading →

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What to Look for in a Tax Preparer

Posted on January 7, 2008 by Russ

The IRS just released a fact sheet on what to look for in a tax preparer. Here’s what they say: Be cautious of tax preparers who claim they can obtain larger refunds than other preparers. Avoid preparers who base their … Continue reading →

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IRS Street Addresses

Posted on January 2, 2008 by Russ

Most taxpayers use the Postal Service to send their returns to the IRS. However, you can use Federal Express, UPS, or DHL. The problem is the IRS hides the street addresses of their service centers on their website if you … Continue reading →

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So I Married a Tax Cheat

Posted on December 27, 2007 by Russ

I remember the Michael Myers movie, So I Married an Axe Murderer. Today the Tax Court looked at a related issue: What happens if you marry a tax cheat but don’t know about it? The basic facts weren’t in dispute. … Continue reading →

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IRS Announces Which Taxpayers’ Returns Will Be Delayed

Posted on December 27, 2007 by Russ

The IRS announced today that most taxpayers will be able to file their tax returns normally. However, about 3 to 4 million taxpayers who use just a few forms will need to wait until February 11th. (While about 13.5 million … Continue reading →

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70 Pages of Non-Frivolity

Posted on December 23, 2007 by Russ

Heading into Christmas, I hope you’ve completed your shopping. The IRS gave out its list on Friday: A list debunking some of the most popular of the frivolous arguments used by tax protesters. For example, some have contended that only … Continue reading →

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AMT Bill Passes; Tax Season to Start on February 29th?

Posted on December 19, 2007 by Russ

In the no surprise department, the House passed the AMT patch bill that did not contain any offsets. It now goes to President Bush who will likely sign it tomorrow or Friday. The IRS previously said that it would take … Continue reading →

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AMT Bill to Likely Pass the House Today

Posted on December 19, 2007 by Russ

News reports state that the House will consider an AMT patch bill that has already passed the Senate. The Senate version of the AMT bill does not contain any tax offsets (or “paygo”) provisions. Earlier, the House had passed an … Continue reading →

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