The IRS Audit Blog

Posts Tagged ‘irs tax’

IRS TAX TIPS – Choose the Tax Form that Best Fits Your Needs

To file your 2009 individual tax return, you’ll have to decide which form to use…unless you e-file. If you file electronically, the software automatically selects the simplest and best form for you. Whether you use e-file or prepare on paper, using the simplest form will help avoid costly errors or processing delays. And remember, if you file electronically, it speeds up the processing of your …

A great film I found about Mortgage Verification Form 4506-T:

Question: irs tax question..if i had a baby at the end of the year, does the 6 month rule apply for child tax credit &.?

can I file head of household? It says the child has to live with you for for then 6 months, he will only be 5 months old at the end of the year. I know Earned income credit allows you to claim him if he was born anytime before Dec 31st, does the same apply for filing head of household and child tax credit. I cant find this info on their website. thanks

Answer: If your child is born in the tax year, it counts for the whole year. Do not put 5 months, put 12 months (this is in the instructions).

You are qualified for EIC, HoH, child tax credit, Additional child tax credit, etc., as long as you meet the other qualifications.

Taxpayers’ calls to IRS often go unanswered

The most serious problem facing taxpayers is finding someone at the IRS to answer their questions, according to a federal report.

‘ REFLECTIONS AND WARNINGS’(TRAILER) An Interview with Aaron Russo – Alex Jones – Dprogram.net

Question: How far back does the IRS audit your tax returns?

Will you ever get an audit for a tax return 5 years or more ago?

Answer: The IRS generally does not audit a return filed more than 2 years ago. If they need to examine a return, they need to have the case closed within 3 years of filing.

If there is a case of a non-filed return, the statute of limitations does not start until the taxpayer files a return, so the time is infinite.

There is no statute of limitations on fraud. They can go back to 1931 if there is evidence of such an act.

Even if they could go back 75 years, though, it’s doubtful they would. The IRS wouldn’t be able to find the records, but they have them.

In reality, it’s difficult for the IRS to access its records more than 5 years old right now.

Enrolled Agent

U.S. TAX REVIEW AND OUTLOOK

The year 2009 is memorable for having given rise to a number of potentially important proposed legislative changes to the Internal Revenue Code (the “Code”), but few of those proposals were enacted.

IRS shoud first audit those who make the tax laws

Question: What is the maximum amount the IRS will direct deposit for a tax refund ?

Is there a maximum amount the IRS will direct deposit for a tax refund before they just send out a check instead?

Answer: There’s no limit. Whatever you are entitled to can be direct deposited, even if it runs to 6 figures or more.

Top 10 tax time tips

While April 15 is more than three months away, here are the Internal Revenue Service’s top 10 tips that will help your filing process run smoother than ever this year.

Tips from the IRS – Direct Deposit

Question: I am in need of a tax attorney to quit claim my home to my brother due to IRS tax implications 3 years ago!?

Does anyone have a tax attorney resource that could help in the Seattle Wa area?

Answer: you need a title company to do this and have it recorded in the deeds office— but if you have a mortgage on the property then it can or will trigger the due on sale clause in your deed of trust and it must be paid in full at that point. better to sell it to your brother for the pay off amount

Seattle Times political caucus | Ideas for saving the state money

The Seattle Times Political Caucus is a group of Seattle Times readers who have signed up to engage on issues important to government at the local, state and federal level.

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