Lafayette Online

WASHINGTON, DC –– Hiding income in offshore accounts, identity theft, return preparer fraud, and filing false or misleading tax forms top the annual list of “dirty dozen” tax scams in 2011, the Internal Revenue Service announced today. The IRS works with the Justice Department to pursue and shut down perpetrators of these and other illegal [...]

WASHINGTON, DC — The Internal Revenue Service is reminding taxpayers that they have two weeks remaining until the April 18 filing deadline and that they can use IRS Free File to do their taxes or file an extension. As of March 25, the IRS has received more than 82 million individual income tax returns, which [...]

WASHINGTON, DC — The Internal Revenue Service has unveiled IRS2Go, its first smartphone application that lets taxpayers check on the status of their tax refund and obtain helpful tax information. “This new smart phone app reflects our commitment to modernizing the agency and engaging taxpayers where they want when they want it,” said IRS Commissioner [...]

WEST LAFAYETTE, Ind. -– The Purdue University Extension Service is offering a new and free online service to help low- and moderate-income Indiana residents file their income tax returns. The Benefit Bank helps Hoosiers complete and electronically file their federal and state income tax returns, which is necessary to claim the Earned Income Tax Credit [...]

WASHINGTON, DC — Nearly 99 million individuals filed their federal income tax returns electronically during 2010, a 3 percent increase in the IRS e-file rate. Of the 141.5 million returns filed so far this year, almost 70 percent were filed electronically. The new normal Each year, more taxpayers chose to e-file their tax returns. For [...]

WASHINGTON, DC — The Internal Revenue Service announced that interest rates for the calendar quarter beginning October 1, 2010, will remain the same. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent for large corporate underpayments; and one [...]