If you made a mistake, you have several years to file an amended return. But you may owe a penalty if you underpaid your federal tax.
New rules for reporting payments to companies and vendors could trip up small businesses. The IRS' goal is to catch tax cheats.
| Tags: | federal taxIRStaxesTips |
Requiring tax pros to take a competency test and engage in continuing education is unlawful, argues the nonprofit group that plans to file a lawsuit.
Penalties have been eased for the unemployed, and installment-payment options have been expanded. The IRS even has videos to explain the program.
Agency bureaucracy has stymied the program since it was authorized in 2006. Only one whistle-blower has received a reward.
| Tags: | federal taxIRStaxes |
More than 1 million taxpayers who were due a refund failed to file. If you're one of them, you have until April 17 to claim your money.
Conservatives say the agency is asking for too much documentation, but officials say they are just trying to weed out ineligible groups.
The refund-tracking tool on the agency's website is not reflecting the status of returns that have been filed. The problem is with the website tool, and refunds have not been delayed.
| Tags: | IRSrefundtax refundtaxes |
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