This October we have a checklist of things you should consider doing in the name of breast cancer awareness and your taxes. Check It Out! [Read More...]
3. October 2013 09:20
Author: Michelle Caruthers
Due to the current lapse in appropriations, IRS operations are limited. However, the underlying tax law remains in effect, and all taxpayers should continue to meet their tax obligations as normal.
Individuals and businesses should keep filing their tax returns and making deposits with the IRS, as they are required to do so by law. The IRS will accept and process all tax returns with payments, but will be unable to issue refunds during this time. Taxpayers are urged to file electronically, because most of these returns will be processed automatically. [Read More...]
If you were one of more than 11 million taxpayers who requested a 6-month extension on filing your taxes, you have less than 1 month to file your taxes. Your return must be filed by Oct. 15th. However, those individuals who are in the military serving in Iraq, Afghanistan or other combat zones usually have 180 days after they leave the combat zone to file their return and pay taxes due. [Read More...]
Those individuals affected by the natural disasters in Colorado that began on Sept. 11 may qualify for tax relief. you reside or have a business in one of these counties you may qualify for tax relief. The IRS is permitted to postpone deadlines falling on or after Sept. 11th and on or before Dec. 2nd. This includes the quarterly estimated tax payment due on Sept. 16. It also includes the due date of Sept. 16 for calendar year corporations and partnerships that received extensions of time to file. [Read More...]
Scammers – they’re sneaky, malicious and unfortunately very busy. While most people try to enjoy a little down time during the summer, scammers are out there looking for ways to separate you from your money. Here is a list of three types of scams to be aware of this summer (and all year round). With a little preparation and knowledge you can help build a wall between you and the scammers. [Read More...]