The IRS Audit Blog

Archive for April, 2007

Tax time

The Internal Revenue Service has announced it will be doing better monitoring of tax preparers. That’s not a bad thing. Currently, anyone can hang a shingle and proclaim themselves a “professional” tax preparer. The IRS admits there are a lot of bad preparers out there and it wants to crack down on them, which in turn protects the public. As a result, the IRS will soon be requiring preparers to …

Tax Withholding Increase for 2010

Question: What does “Capacity in which acting” means?

I wanted to sign up for myself as a CJ affiliate. I need to fill up a form as shown here.

http://www.irs.gov/pub/irs-pdf/fw8ben.pdf

What should I fill in the “capacity in which acting” line at the bottom of the form, next to the signature and the date?

Answer: “Capacity” = Who are you? i.e.: owner; operator; chairperson, President; father; mother; shareholder; attorney; friend of the court…

Malware continues to be a challenge to computer security

(PhysOrg.com) — Identity theft continues to be a serious problem nationwide, and according to the nonprofit Identity Theft Resource Center, (ITRC) the economic recession may be a cause in the rise in scams, thievery and hacking. According to the center, confirmed breaches in the United States in 2009 resulted in 222,477,043 records containing personally identifiable information being exposed to …

Computer Software & Tech Support : What Is a PDF File?

Question: Does tax form 8822 change my address for federal and state?

I moved. I filled out form 8822 just now as told to do over the form by the irs hotline agent. I think that just changes my address for my federal return. How do I change my address for my state return? I live in New York City.
Thank you!

Answer: NOPE, defferent government bodies and you have to change address with both if it is needed.

Tax Tip: 3 reasons to prepare and file your taxes electronically

Last year, 2 out of 3 tax returns were filed electronically. Was yours? If not, here are three important reasons to e-file your return. Your tax return will get processed more quickly if you use e-file.

NH: First demands from IRS after I send “Peace Tax Return”

Top-level vacancies frustrating tax targets: CBDT

With just three weeks to go for India’s national budget for next fiscal, the finance ministry has called for urgent steps to fill top-level vacancies in the direct tax administration as delays were affecting the realisation of targets.

What is an Offer in Compromise?

Tips to help you avoid scams during Tax season

If you’re not careful this tax season, you could be the next victim of a scam; we will show you ways to keep from being the latest statistic. With tax season here, many of us are focused on getting that large refund and making sure we fill out the forms correctly and not leave out any important information.

Tax Tips: Message for Tax Preparers – January 2010