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 Ten Last-Minute Tips for Individuals Still Working on Their Tax Returns | |
Apr 10, 2012 - 5:38 PM - by Sami |  The tax filing deadline is just around the corner. The IRS has 10 tips to help taxpayers still working on their tax returns:
1. File electronically Most taxpayers file electronically. If you haven’t tried it, now is the time! The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of electronic filing in 1990. In fact, 112 million people — 77 percent of all individual taxpayers — used IRS... [Read More] | | | | Tips for Taxpayers Who Can't Pay Their Taxes on Time | |
Apr 03, 2012 - 7:56 PM - by Sami |
If you owe tax with your federal tax return, but can't afford to pay it all when you file, the IRS wants you to know your options and help you keep interest and penalties to a minimum.
Here are five tips:
1. File your return on time and pay as much as you can with the return. These steps will eliminate the late filing penalty, reduce the late payment penalty and cut down on interest charges. For electronic and credit card options for paying see ... [Read More] | | | | Tax Refunds May Be Applied to Offset Certain Debts | |
Mar 28, 2012 - 12:12 AM - by Sami | | Past due financial obligations can affect your current federal tax refund. The Department of Treasury's Financial Management Service, which issues IRS tax refunds, can use part or all of your federal tax refund to satisfy certain unpaid debts.
Here are eight important facts the IRS wants you to know about tax refund offsets:
1. If you owe federal or state income taxes, your refund will be offset to pay those taxes. If you had other debt... [Read More] | | | | Eight Tax-Time Errors To Avoid | |
Mar 26, 2012 - 7:59 PM - by Sami |
If you make a mistake on your tax return, it can take longer to process, which in turn, may delay your refund. Here are eight common errors to avoid .
1. Incorrect or missing Social Security numbers When entering SSNs for anyone listed on your tax return, be sure to enter them exactly as they appear on the Social Security cards.
2. Incorrect or misspelling of dependent’s last name When entering a dependent’s last name on your tax return, make sure to... [Read More] | | | |    
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