IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2011 Federal Income Tax Return!

IR-2015-44, March 11, 2015 WASHINGTON — Federal income tax refunds totaling $1 billion may be waiting for an estimated one million taxpayers who did not file a federal income tax return for 2011, the Internal Revenue Service announced today. To collect the money, these taxpayers must file a 2011 tax return with the IRS no …

Does the Net Investment Income Tax (NIIT) apply to you?

IRS Tax Tip 2015-27 How to Determine if the Net Investment Income Tax Applies to You If you have income from investments, you may be subject to the Net Investment Income Tax. You may owe this tax if you receive investment income and your income for the year is more than certain limits. Here are …

Its’ time to start organizing your tax deductible expenses

The two types of deductions are adjustments to taxable income and itemized deductions. Be sure to let your tax adviser know if you feel you could be eligible for any of these deductions. It’s reassuring to know that your tax adviser is an EA: licensed by the US Department of the Treasury, with unlimited rights …

Its’ time to start organizing your tax deductible expenses

The two types of deductions are adjustments to taxable income and itemized deductions. Be sure to let your tax advisor know if you feel you could be eligible for any of these deductions. It’s reassuring to know that your tax advisor is an EA: licensed by the US Department of the Treasury, with unlimited rights …

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