Ten Tips for Deducting Charitable Contributions FROM THE GREAT UNCLE OF OURS DIRECTLY FROM IRS.GOV, VERY GOOD TIPS When preparing to file your federal tax return, don?t forget your contributions to charitable organizations. If you made qualified donations last year, you may be able to take a tax deduction if you itemize on IRS Form [...]
Monthly Archives: March 2010
Want to obtain any of your records from the IRS… Here is wht the letter should look like to the Freedom of Information Act Office
(1) Your name or your company’s name Your address or your company’s address Your phone number (optional) Date (2) Internal Revenue Service [Your local Disclosure Office address; See IRS Disclosure Offices for address list] Dear Disclosure Officer: This is a sample letter and outline This is a request under the Freedom of Information Act. (4) [...]
10 TIPS FOR CHARITABLE CONTRIBUTIONS
SO, WHAT DOES IRS SAY THE IMPORTANT ISSUES ARE REGARDING CHARITABLE CONTRIBUTIONS: When preparing to file your federal tax return, don?t forget your contributions to charitable organizations. If you made qualified donations last year, you may be able to take a tax deduction if you itemize on IRS Form 1040, Schedule A. The IRS has [...]
6 important Facts about Tax Exempt Organization
Every year, millions of taxpayers donate money to charitable organizations. The IRS has put together the following list of six things you should know about the tax treatment of tax-exempt organizations. Annual returns are made available to the public. Exempt organizations generally must make their annual returns available for public inspection. This also includes the [...]
New Tax Preparers Rules
IRS Provides Guidance on Identifying Numbers for Tax Return Preparers WASHINGTON ? The Internal Revenue Service today issued proposed regulations allowing the IRS to require that tax return preparers use Preparer Tax Identification Numbers (PTINs) as the preparer?s identifying number on all tax returns and tax refund claims that they prepare. These regulations when final [...]
Case Closed! currently Not Collectable CNC
Letter 4223 is the Letter IRS sends to let you know your case has been currently closed. HARDSHIP
What is a LTR 2645C- Notice from IRS
What is a LTR 2645C- Notice from IRS
What is Code Section 1201
Code 1201 is an administrative code that means there is a delay in processing your return. While your return was selected, something triggered a desk audit, and is an IRS agent will review it. In most situations it causes one-two weeks of an additional processing time. According to the IRS, 1201 is a “catch all” [...]
Top Ten IRS Questions
Top Frequently Asked Questions 1. What are the tax changes for this year? 2. Is there an age limit on claiming my children as dependents? 3. How much does an unmarried dependent student have to make before he or she has to file an income tax return? 4. If I claim my daughter as a [...]
IRS Statistics for 2010
Electronically filed tax returns are on track with last year and overall refunds are running nearly 10 percent higher so far in 2010, according to statistics issued today by the Internal Revenue Service. The statistics issued today, covering the period through March 12, show that while the overall number of tax returns filed this year [...]
