Category Archives: IRS Help

Access tax details online

Posted on 07/27/2016 by Sandy Suchoff

Transcripts of your federal income tax return, tax account, wages and income, and record of account, as well as a verification of non-filing, are once again available for no charge online at the IRS website. Sign up to view, print, … Continue reading →

Posted in IRS Help, Tax Forms, Tax Tips | Tagged , , | Comments Off on Access tax details online

You can still benefit from the Work Opportunity Tax Credit

Posted on 07/18/2016 by Sandy Suchoff

The Work Opportunity Tax Credit (WOTC) is a federal income tax break that can reduce your business income tax when you hire workers from specified groups that typically experience high unemployment rates. Normally, you have 28 days after the worker’s … Continue reading →

Posted in IRS Help, IRS Tips, Tax Break, Tax Credit, Tax Tips | Tagged , , , | Comments Off on You can still benefit from the Work Opportunity Tax Credit

Count employees to avoid ACA penalties

Posted on 05/16/2016 by Sandy Suchoff

The IRS recently updated a web page explaining how to figure out if you’re an “applicable large employer,” or ALE. If you are, you may have to pay a penalty for not providing health insurance to your employees. For 2016, … Continue reading →

Posted in Employee Health Insurance, IRS Help, Penalties, Tax Tips | Tagged , , , | Comments Off on Count employees to avoid ACA penalties

The IRS wants your RSVP for this notice

Posted on 05/09/2016 by Sandy Suchoff

Did you receive advance payments of the federal income tax credit that helps pay your health insurance premium? You’re required to reconcile that amount with how much you’re eligible to claim and file a form with your tax return. If … Continue reading →

Posted in IRS Help, IRS Reconciliation, IRS Tips | Tagged , , | Comments Off on The IRS wants your RSVP for this notice

IRS Now Required to Use Collection Agencies

Posted on 12/30/2015 by Sandy Suchoff

IRS Now Required to Use Collection Agencies In a 1,300 page Transportation Bill signed into law in December, 2015, there are eight pages that require the IRS to assign unpaid tax bills to outside collection agencies. This means that third … Continue reading →

Posted in IRS Help, IRS Problems, Tax Tips | Tagged , | Comments Off on IRS Now Required to Use Collection Agencies

Don’t let the IRS become your pen pal

Posted on 08/05/2015 by Sandy Suchoff

Getting a letter or notice from the IRS can be upsetting, confusing, and unnecessary. The IRS sends taxpayers notices to request payment for taxes, to notify them of a change to their account, or to request additional information. Attention to … Continue reading →

Posted in IRS Help, IRS Problems, IRS Tax Problems, Tax Tips | Tagged , , | Comments Off on Don’t let the IRS become your pen pal