The IRS Audit Blog

Posts Tagged ‘irs income tax’

Question: Can all us Non-Christians ask for an extension on Judgment day like the IRS during tax season?

I’m a Deist/Pantheist, my older Brother is an Atheist. Is there a form we can fill out? Kind of like the people that wait until the last minute to file their taxes?

Answer: Yes Sir, you would fill out form 5782-009. Since you are a Deist, you would also have to fill out form 456-112-R. You stated your brother is an Atheist, because of this he would have to fill out form 5782-009-Z. All of these forms need to be filled out in triplicate, and submitted to the Office of the Gatekeeper, Pearly Gates Heaven care of St. Peter no later than 180 days before Judgment day. In the event your appeal for an extension is denied you may file a formal complaint, filling out forms 6654-007A and 4421-666F along with a written request for a trail which will be given at the Directors discretion. Thank you and good luck.

Lynn Little: Energy-efficient improvements can mean tax credits

The American Recovery and Reinvestment Act (known unofficially as the stimulus package) includes cost-saving tax credits for qualifying energy-efficient home improvements.

FileLater.com – File An IRS Income Tax Extension

Question: When does IRS investigate on individual tax?

If one has file 1040 income return tax form in the past 8 or 9 years, but the income is only around like 16k for the pass 3 to 5 years, and last year 26k. Now, this person wants to buy a condo and he’s going to get money as gift from friends and relatives on foreign country that adds up to approximately 150k, would he be in trouble? Is there anything wrong with it?

Answer: If the foreign gifts are more than $100,000, you must file IRS form 3520.

If you have a foreign bank account with more than $10,000, you must file form TDF 90-22.1

As for trouble, you just produce the same gift letters you gave the bank.

UBS Client Receives Five Years’ Probation

A UBS banking client who pleaded guilty to concealing $6.1 million in secret Swiss bank accounts has been sentenced to five years probation, even as the whistleblower who helped expose the UBS tax evasion scheme is set to begin a prison term Friday.

Expatriate IRS Income Tax Problems Can Be Difficult to Solve

Question: Need my tax forms, can the IRS help me?

Okay here is the issue. I have to apply for fin aid at my University and I do not have my income tax papers and I can’t get ahold of my preparer which I think she may have copies. I need them and is there a way I can get the IRS to send me the forms? God, I doubt it, but I need them, because I am such a procrastinator and have put it off for far too long!

Answer: Call 1-800-829-0922 and they can mail it to you. If you have fax machine at home, it can be faxed to you. The current year IS available if the return has been processed.

Flags the IRS Looks for in Tax Returns

Tax time is here and we’re all hoping for a big return. But before you start the paperwork, check out these ways to lessen your chances for an audit.

Sherry Peel Jackson Ex IRS Agent on Income Tax (1of2)

Financially Speaking: IRS enhances electronic filing programs

The Internal Revenue Service continues to encourage taxpayers to file their tax returns electronically. Since its inception in 1986, use of electronic filing has increased dramatically: In the first year, when the IRS tested the system in three cities,…

* Former IRS Agent and Congressman Ron Paul say Federal Income tax is illegal!

Tax season: What’s new for 2010

New ways to cut your tax bill Last year, 1.1 million Floridians received unemployment checks. Which makes for more than a million people with some tax-free income. Congress made the first $2,400 of unemployment benefits exempt from federal income tax for last year.

Former IRS Agent and Ron Paul say Federal Income tax is illegal