Tag Archive | "IRS"

IRS: Taxpayers filing earlier, banking larger refunds in 2009

WASHINGTON, DC — Taxpayers are filing earlier and receiving larger refunds so far this year, according to early filing season statistics released today by the Internal Revenue Service. As of Feb. 27, 2009, the IRS had received 56 million individual tax returns, a slight increase over the previous year. And, the average individual refund was […]

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IRS has $1.3B for those who still have not filed 2005 tax return

WASHINGTON, DC — Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who did not file a federal income tax return for 2005, the Internal Revenue Service announced today. However, to collect the money, a return for 2005 must be filed with the IRS no later than Wednesday, April 15, 2009. Especially […]

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New withholding tables available on IRS.gov; most workers to see bigger paychecks

WASHINGTON, DC — The Internal Revenue Service today released new withholding tables that will result in more take-home pay this spring for millions of American workers. The new tables incorporate the new Making Work Pay credit, one of the key tax provisions included in the American Recovery and Reinvestment Act of 2009 that became law […]

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IRS E-File opens for 2009 with new features to expand taxpayer access, help speed refunds

WASHINGTON, DC — The Internal Revenue Service today announced the Jan. 16 opening of an expanded IRS e-file program for 2008 federal tax returns, highlighted by new features that will allow expanded access to electronic filing and help people looking for faster refunds. IRS Commissioner Doug Shulman encouraged taxpayers to explore e-file this year as […]

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IRS offers help to financially distressed taxpayers

WASHINGTON, DC — The Internal Revenue Service today kicked off the 2009 tax filing season by announcing a number of new steps to help financially distressed taxpayers maximize their refunds and speed payments while providing additional help to people struggling to meet their tax obligations. IRS Commissioner Doug Shulman encouraged taxpayers to take advantage of […]

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IRS offers tips for year-end donations

WASHINGTON, DC — Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. One provision offers older owners of individual retirement arrangements (IRAs) a different way to give to charity. There are also rules designed to provide both taxpayers and the government […]

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