Beginning in March 2013, you can track your IRS amended return status using a new web or toll-free application. Go to IRS.gov and click on “Where’s My Amended Return,” or call 1-866-464-2050. With either application, you will need to provide the following information: Your Taxpayer Identification Number (usually SSN), Your date of birth, and Your […]

If you don’t have all your ducks in a row, don’t worry too much. You can always file a corporate return extension, BUT remember that filing an extension does not give you more time to pay what you owe. Penalties and interest will accrue, and those amounts are nothing to joke about. Corporate tax returns […]

If you filed your tax return with form 8863 for Tax Education Credits, you might be receiving this 8863 Letter in the mail requesting more information.  Typically, this is just a request for more information relating to credit eligibility. In this case, it seems that 4 of the questions on the form are either not […]

Acknowledgements are taking longer than expected recently due to the modernized e-file system being swamped with returns coming in.  Try not to worry too much about it, but rather, let your client know that the system is bogged down and that it should return to normal in the following week or so. The 8812 (Additional […]

There is nothing more financially terrifying than getting a letter from the IRS.  Pranksters have long been able to superimpose the IRS’s logo onto a letterhead and mail it off for laughs, but now, these pranksters have grown up into identity thieving crooks using more than a letterhead. Identity thieves have an arsenal of weapons […]