The IRS Audit Blog

Posts Tagged ‘collection’

Question: Has anyone recieved a refund after an amended return? How long did it take?

We got audited by the IRS for a tax return from 2005 and it was determined that we were due an additional refund. We just signed the papers on the amended return yesterday.

When i looked at the IRS website it said it may take up to 2 months to process! Plus you cannot check amended returns via the “wheres my refund” hotline or link.

So if anyone went through this, how long did it take before you receieved the refund? Thanks!

Answer: Amended returns have to be processed manually which slows them down significantly.

I helped a relative file an amended return last year and it took about 7 weeks. However, it was submitted in November when the tax office was not busy processing all of the normal tax returns.

If you submit it during the busy season, it may take longer. But think of it this way, you haven’t had that money for over a year, what’s a few more weeks?

How nice for an audit to turn out in your favor!! You don’t hear of that happening very often!

MicroPact Significantly Expands Federal Profile

MicroPact, the leading innovator in a new generation of data tracking software, announced today that it ended 2009 serving nine of the 10 largest federal agencies, including the Department of Defense , with an enterprise implementation of a MicroPact product.

Geithner: Once the IRS audit showed failure to pay taxes, why didnt Geithner correct 2001 and 2002 failure?

Rule changes impact private company income tax reporting

It’s time for private companies to be aware of FIN 48. The accounting rule requiring more stringent and detailed disclosures for income taxes originally came out in 2006. However, due to a public outroar, it was postponed for private company reporting until now.

Question: Innoncent spouse tax relief for hubby?

2 yrs b4 I met hubby I file taxes and received EIC for my 2 adopted sisters. Theses girls are the great nieces of my mom and when my mom took sick, I took care of ALL of them (mom and 2 girls). I received a refund for all of them for about 2 years in a row, but then in year 3, i was told that the rules had changed and I was no longer able to claim the girls and I needed to refund the $ I received. When I got married 2 years later, the IRS took my husbands $$ because of what I owed. This year I’d like for him to file for innoncent spouse relief but I’m soooo unclear as to where to start…and is he not entitled to the $ they kept from him last year……FYI….I’ve tried going through the appeals process on my behalf, HOWEVER, the gov claims they sent a form to me to fill out, but I did not respond….I’ve filled out EVERYTHING and RETURNED what they’ve sent me (all sent by certified mail) however, they CLAIM a form was sent (NOT certified), that I never returned & CASE DISMISSED

Answer: Do you still owe money to the IRS? Apparently you do if you’re still worried about it this year.

Your husband needs to complete the form at the link below and attach it to your income tax return. HIS portion of any refund you two are due will be sent to him. http://www.irs.gov/pub/irs-pdf/f8379.pdf

To attempt to recover any amount they withheld from him in error LAST YEAR, you need to complete the following form and mail it with the required documentation to the IRS.

http://www.irs.gov/pub/irs-pdf/f8857.pdf

Ways to electronically file your tax return

Most taxpayers will file their returns electronically this year. Here are the ways you can be one of them.

IRS Appeals

Question: I sent my tax payment to Damascus,Syria.I wonder why the IRS website has changed addresses?

Answer: Support whom you wish….
The IRS site is still there.

Tax time can be confusing for young professionals

Tax professionals advise young professionals to avoid procrastinating and get organized to make filing their tax returns easier.

IRS Payment Plan or Installment Agreement

L.A. City Council set to vote today on medical pot law

After a nearly three-year delay that resulted in hundreds of illegal medical marijuana dispensaries sprouting like weeds throughout Los Angeles, the City Council will try to pass a landmark ordinance today that would better regulate the industry.

Audit Trent Franks and the rest of the House of Representatives!