Category Archives: Taxes

Here’s What Taxpayers Should Know about Penalty Relief

The following article is from the IRS. Taxpayers who make an effort to comply with the law but are unable to meet their tax obligations due to circumstances beyond their control may qualify for relief from penalties. After receiving a … Continue reading

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Do’s and Don’ts for Taxpayers Who Get a Letter from the IRS

Every year the IRS mails millions of letters to taxpayers for many reasons. Here are some tips and suggestions for taxpayers who receive one: Don’t ignore it. Most IRS letters and notices are about federal tax returns or tax accounts. … Continue reading

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Charities Can Visit IRS.gov for Tools and Resources about Taxes

Charitable organizations and other tax-exempt groups can visit IRS.gov for resources that will help them meet their tax obligations. Here is a list of resources with links to the information on IRS.gov:

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Missed the tax deadline and owe tax? File by June 14 to avoid higher late-filing penalty.

Taxpayers who owe tax and file their federal income tax return more than 60 days after the deadline will usually face a higher late-filing penalty. For that reason, the Internal Revenue Service urges affected taxpayers to avoid the penalty increase … Continue reading

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Tips for Teenage Taxpayers Starting a Summer Job

Now that school’s out, many students will be starting summer jobs…from working at a summer camp to being an office intern. The IRS reminds students that not all the money they earn may make it to their pocket. That’s because … Continue reading

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