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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 »

Costa Rican Banks Now Required to Report Balances to IRS

Banks, investment funds and stock exchanges in Costa Rica and around the world must report, starting July 2013, the balances and movements on investments of U.S. citizens to the Internal Revenue Service (IRS). continue reading »

PERSONAL FINANCE: More Taxpayers are Filing from Home in 2011

Almost 19 million tax returns have been filed with the IRS from home computers so far this year, an increase of almost 6 percent compared to the number of returns from the same time last year. continue reading »

Marc Anthony in Trouble with IRS Again – To the Tune of $3.4 Million

E! News is reporting that Latin singing sensation Marc Anthony owes the IRS $3.4 million in unpaid taxes, and this isn’t the first time Anthony has messy taxes issues. continue reading »

Washington Handing Out Checks for Past Discrimination and Tax Cuts for Others - Latinos Getting NADA

Rumor had it that someone was handing out cold hard cash last week for suffering past grievances having to do with discrimination at the hands of the government. continue reading »

Is the IRS Targeting Hispanics?

A recently concluded study by TaxLifeBoat shows that a disproportionate number of IRS actions target minorities, especially Hispanics. continue reading »

Tax Credits Help Homeowners Winterize their Homes, Save Energy

People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2010 tax bill as well. continue reading »

REMINDER:  Millions of Taxpayers Facing Oct. 15 Deadline

Oct. 15 is fast approaching and is a key deadline for millions of individual taxpayers who requested an extension to file their 2009 tax returns. It is also a crucial due date for thousands of small nonprofit organizations at risk of losing their tax-exempt status because they have not filed the required forms in the last three years. continue reading »