The IRS Audit Blog

Archive for September, 2009

Question: There is any phone number where i can track the status of my Claim for Refund 843?

I’m a non resident alien in this country. My tax adviser filled up the form 843 asking for the refund of my Social Security and Medicare more than 2 months ago.
I just spoke with somebody at IRS (after waiting more than 1 hour in line), but it seems like they don’t know what I am talking about. Somebody knows how can i get information about my refund status for the 843 form..?
Thank you in advance

Answer: If the IRS can’t give you the status, no one can.

Exelon Announces First Quarter Results; Raises Bottom End of Guidance Range for Full Year 2010 Earnings

CHICAGO—-Exelon Corporation announced first quarter 2010 consolidated earnings as follows: First Quarter 2010 2009 Adjusted Operating Results: Net Income $662 $797 Diluted Earnings per Share $1.00 $1.20 GAAP Results: Net Income $749 $712 Diluted Earnings per Share $1.13 $1.08

Return preparer review leads to recommendations for new requirements

What is the Return Preparer Review? In June 2009, IRS Commissioner Doug Shulman called for a comprehensive review of the paid tax return preparer industry, drawing on all relevant data and input from interested parties. The goal was to produce a comprehensive set of recommendations to better leverage the tax return preparer community, fostering higher compliance with the law by taxpayers and …

Lead Marketing – MLM Network – Prospect

Question: on irs form 1099b are the losses evenly applied against the gross proceeds on irs 1040 form?

Answer: If you have a loss on you schedule D The amount of the loss is then carried over to the 1040 on line 13. I hope this answered your question.

IRS to open new center for taxpayer aid

The Internal Revenue Service will open its new Taxpayer Assistance Center on Jan. 11 at 2937 South Claremont Avenue, Building A in Claremont Commons II.

Answers with Ray the CPA Episode 6 Understanding IRS Forms 1040EZ, 1040A, and 1040