Category: IRS Tips

IRS Tips
IRS Advice to Those with Expiring ITINs: Apply Now to Avoid Refund Delays; Agency Offers Tips on Avoiding Common Errors

WASHINGTON – The Internal Revenue Service today urged any taxpayer with an expiring Individual Taxpayer Identification Number (ITIN) and a need to file a return in the upcoming filing season to file a renewal application in the next few weeks to avoid refund and processing delays. In addition, the IRS encouraged people to check their […]

IRS Tips
Reminder to Businesses: Special Tax Benefits Still Available in 40 Designated Empowerment Zones

Eligible businesses can still claim Empowerment Zone tax benefits through the end of this year. Empowerment Zones are certain urban and rural areas where employers and other taxpayers qualify for special tax benefits. The Department of Housing and Urban Development and the Department of Agriculture designated 40 economically distressed locations as empowerment zones. Find a […]

IRS Tips
IRS, Partners Urge Strong Passwords Help Protect Identities at Tax Time and Beyond

The Internal Revenue Services and its partners, in the fight against identity theft, urge computer users to strengthen their passwords. The password serves as the first line of defense to stop hackers and identity thieves from accessing your computer, mobile phone and other internet-accessible devices. The IRS, state tax agencies and the tax professional industry […]

IRS Tips
Avoid Identity Theft; Learn How to Recognize Phishing Scams

Simply ask for it. That’s the easiest way for an identity thief to steal your personal information. Each day, people fall victim to phishing scams through emails, texts or phone calls and mistakenly turn over important data. In turn, cybercriminals try to use that data to file fraudulent tax returns or commit other crimes. The […]

IRS Tips
Wrongful-Incarceration Exclusion Reminder: Dec. 19 is Deadline for Many Older Refund Claims; Use Special Address for All Back-Year Claims

WASHINGTON — The Internal Revenue Service today reminded wrongfully-incarcerated taxpayers, wishing to take advantage of the special retroactive tax exclusion now available to them, that in many cases, they must file their refund claims by Dec. 19. This income tax exclusion applies to any civil damages, restitution or other monetary award received in connection with […]

IRS Tips
Tax Preparedness Series: Tax Records – What to Keep

Note to Editor: This is the fifth in a series of reminders to help taxpayers prepare for the upcoming tax filing season. WASHINGTON – As tax filing season approaches, the Internal Revenue Service has information for taxpayers who wonder how long to keep tax returns and other documents. Generally, the IRS recommends keeping copies of […]

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