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IRS YouTube Videos Offer Last-Minute Help for Taxpayers

The Internal Revenue Service reminds taxpayers that IRS YouTube videos can help them with their taxes before the April 17, 2012, deadline. The IRS channels offer information on a variety of the most frequently asked taxpayer questions at this time of year. continue reading »

IRS Seeks to Return $153 Million in Undelivered Checks to Taxpayers

Recommends e-file, Direct Deposit to Avoid Future Delivery Problems. In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors. continue reading »

Undocumented Immigrants Receive $4.2 Billion in Tax Credits

An audit of the Internal Revenue Service (IRS) has revealed that undocumented immigrants were able to collect $4.2 billion in refundable tax credits from 2010, due to possession of taxpayer identification numbers. continue reading »

IRS Urges Taxpayers to Avoid Becoming Victims of Tax Scams

The Internal Revenue Service today encouraged taxpayers to guard against being misled by unscrupulous individuals trying to persuade them to file false claims for tax credits or rebates. continue reading »

PERSONAL FINANCE: Don’t Fall Prey to the 2011 Dirty Dozen Tax Scams

Hiding income in offshore accounts, identity theft, return preparer fraud, and filing false or misleading tax forms top the annual list of “dirty dozen” tax scams in 2011, the Internal Revenue Service announced today. continue reading »

PERSONAL FINANCE: IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start

Major Changes Made to Lien Process. In its latest effort to help struggling taxpayers, the Internal Revenue Service today announced a series of new steps to help people get a fresh start with their tax liabilities. continue reading »

SMALL BUSINESS FINANCE: IRS Uses Twitter to Help Taxpayers, Tax Professionals

The Internal Revenue Service announced the availability of expanded Twitter feeds to share timely information with taxpayers and the tax professional community. The IRS Twitter news feed, @IRSnews, provides the latest federal tax news and information for taxpayers. The focus of the IRS Twitter messages continue reading »