October 15th Tax Filing Deadline for Extension Filers Approaches October 06, 2010
October 15th, 2010 is quickly approaching. This is an important date for the millions of taxpayers that filed for a 2009 tax filing extension. This deadline is important to not miss because after this date taxpayers can face some serious tax penalties and interest for unfiled or unpaid taxes. Below are some important factors to keep in mind about the October 15th deadline.
Obtaining a Tax Return Transcript or Tax Account Transcript October 05, 2010
If you ever misplace or lose your tax information from years past, recovery is possible.
The Wesley Snipes Tax Saga Continues September 20, 2010
Wesley Snipes, star of such Hollywood movies as Blade and US Marshalls, was charged with one count of conspiracy to defraud the US Government, six counts of willfully failing to file Federal income tax returns by their filing date, and several other tax-related charges. Part of the conspiracy charge involved Snipes filing a false amended return with a fraudulent tax refund claim over $4 million in 1996. Snipes is also accused of filing a false refund claim totaling over $7.3 million in 1997.
Defaulting an IRS Installment Agreement or IRS Payment Plan September 14, 2010
Defaulting on an IRS Installment Agreement or Federal tax payment plan will be primarily brought about by a few scenarios. Remember, just because you defaulted does not meet your agreement is terminated. However, regardless of the manner in which you have defaulted, stay in contact with the IRS.
