IRS Announces 2013 Pension Plan Limitations
Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related...
View ArticleIRPAC Issues Annual Report for 2012
Courtesy of the Internal Revenue Service WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today released its 2012 Report, which includes recommendations pertaining to a number...
View ArticleIRS Strengthens Integrity of ITIN System
Courtesy of the IRS For more information about the reason the system needs strengthening…read TaxMama’s MarketWatch article. WASHINGTON –– The Internal Revenue Service announced today updated...
View ArticleNational Taxpayer Advocate’s Annual Report
National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Tax Reform, IRS Funding and Identity Theft IR-2013-3, Jan. 9, 2013 WASHINGTON — National Taxpayer Advocate Nina E. Olson today...
View ArticleTax-Free Transfers to Charity Renewed For IRA Owners 70½ or Older
Courtesy of the IRS [TaxMama Note: You don’t have to be rich to take advantage of this opportunity. This will work for you, if you are the right age, have funds in an IRA, and would have made...
View ArticleIRS Provides Penalty Relief to Farmers and Fishermen
Courtesy of the IRS [TaxMama Note: NAEA has been pursuing this problem with the IRS all month. They were thrilled to announce this fix about an hour ago. IRS just released these guidelines.] WASHINGTON...
View ArticleIRS Intensifies National Crackdown on Identity Theft
Courtesy of the Internal Revenue Service [TaxMama note: Did THIS ever happen to you? If you were the victim of tax identity last year, make SURE you get your special Identity Protection PIN (IP PIN)...
View ArticleCheck Out College Tax Benefits for 2012 and Years Ahead
Courtesy of the IRS WASHINGTON — The Internal Revenue Service today reminded parents and students that now is a good time to see if they qualify for either of two college education tax credits or any...
View ArticleIRS Has $917 Million for People Who Have Not Filed a 2009 Income Tax Return
[TaxMama Note: If you have not yet filed for 2009 and have a refund coming – FILE IMMEDIATELY! If you are still waiting for data, documentation or anything else that prevents you from filing, then file...
View ArticleRelief Available To Many Extension Requesters Claiming Tax Benefits
WASHINGTON —The Internal Revenue Service today provided late-payment penalty relief to individuals and businesses requesting a tax-filing extension because they are attaching to their returns any of...
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