Start by filing on time and paying as much as you can. Ignoring the problem will just make it worse.
The IRS is having problems processing the returns of those who got the 2008 homebuyer tax credit. It's a small but vocal group.
The agency issues an 84-page report debunking common arguments people use to try to avoid taxes. The penalty for 'frivolous' filing is $5,000.
Agency offering carrots and sticks to force taxpayers and preparers to file electronically. Plus, tax benefits to remember this year.
The agency began processing returns with Schedule A on Feb. 14, but is having trouble keeping up with the flood of electronic returns sent this week.
It's your name on the bottom line, so make sure you find someone who is ethical and competent.
You can order your tax transcripts and copies of returns online. Transcripts are free, but those copies will cost you.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.