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IRS Tax Reform Tax Tip 2019-100, July 29, 2019 Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they can still claim this deduction. Some taxpayers can. Some cannot. Here’s a breakdown of which taxpayers can claim this deduction when they file their tax returns. Business …
Here’s the 411 on who can deduct car expenses on their tax returns Read More »
IRS Tax Reform Tax Tip 2019-99, July 25, 2019 Tax credits and deductions can mean more money in a taxpayer’s pocket. Most people only think about this when they file their tax return. However, thinking about it now can help make filing easier next year. This tip is one in a series about tax planning. These tips …
Year-round tax planning includes reviewing eligibility for credits and deductions Read More »
IRS Tax Tip 2019-98, July 24, 2019 Single or married? Kids or no kids? These are just a couple of questions that will help someone determine their tax filing status. Taxpayers usually only think about their filing status when filing their returns. However, this is something to think about all year, especially if it changes. …
IRS Tax Tip 2019-97, July 23, 2019 Tax planning should happen all year long, not just when someone is filing their tax return. An important part of tax planning is recordkeeping. Well-organized records make it easier for a taxpayer to prepare their tax return. It can also help provide answers if a taxpayer’s return is …
IRS Tax Tip 2019-96, July 22, 2019 Taxpayers might need a tax transcript for many reasons, like applying for a mortgage or a student loan. The Let Us Help Youpage on IRS.gov will help taxpayers understand tax transcripts. This page has links to information that will help taxpayers learn about the different types of transcripts and …
Taxpayers who need to get a tax transcript should first visit IRS.gov Read More »
IRS Tax Tip 2019-95, July 18, 2019 The deadline for taxpayers who requested an extension to file is going to be here before they know it. The deadline for these filers to submit their 2018 tax returns is Tuesday, October 15, 2019. Taxpayers who have not yet filed can find many helpful resources on IRS.gov. …
Extension filers: Don’t panic, just go to IRS.gov for help Read More »
IRS Tax Tip 2019-94, July 17, 2019 Taxpayers with questions about their federal tax accounts can hop over to IRS.gov for answers. Individual taxpayers can login to the View Your Account Information page to view specific details about their federal tax account information. Taxpayers can view: Their payoff amount, which is updated for the current …
Here’s how individual taxpayers can view their tax account info Read More »
IRS Tax Tip 2019-93, July 16, 2019 Tax questions can pop up any time of the year. When people need answers, they should start with Interactive Tax Assistant on IRS.gov. It’s a tool that provides answers to a many tax law questions. The taxpayer enters answers to a series of questions and the tool gives them a …
Interactive tool on IRS.gov helps taxpayers get answers to their tax questions Read More »
IRS Tax Tip 2019-92, July 15, 2019 Organizations that want to apply for tax-exempt status under Section 501(c)(3) of the tax code use a Form 1023-series application. Here are some things organizations should know to help them understand the process: The application must be complete. It must also include the user fee. The application process on IRS.gov includes …
Tips to help organizations understand the tax-exempt application process Read More »
IRS Tax Tip 2019-91, July 11, 2019 Taxpayers who received an extension but haven’t filed or those otherwise unable to file their return by the April deadline should visit IRS.gov if they need help completing and filing their return. These taxpayers must file by October 15. Interactive Tax Assistant Taxpayers can find answers to their …
Taxpayers can still get help tax help this summer Read More »