Category Archives: Federal & State Tax Resolution Law
Did You Collect Unemployment Benefits This Year?
Did you or your spouse collect unemployment benefits this past year? If you or your spouse lost their job unemployment benefits may serve as much needed relief. But did you know unemployment benefits are taxable? They are and if you didn’t know and aren’t prepared for it you may find yourself owing State and Federal taxes and at time when […]
Beware Of Scams Using the IRS or USA.gov Identities
Beware of scams artists using the IRS or USA.gov identities! Besides death and taxes one thing that can be counted on is that as tax season rolls around scammers and con artist come out of the wood work. Scammers are using the USA.gov name as part of an e-mail phishing scam to collect personal information […]
New Warnings from the National Taxpayer Advocate regarding the IRS
Today the National Taxpayer Advocate released her 2014 annual report to Congress and if you’re a taxpayer you have a lot to be concerned with. The National Taxpayer Advocate warned that taxpayers this year are likely to receive the worst levels of taxpayer service from the IRS since at least 2001. According to the report taxpayers in 2015 […]
Post Appeal Mediation for Offers in Compromise
The Internal Revenue Service (IRS) has recently announced the nationwide rollout of post-Appeals mediation for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases. This is a nationwide expansion of an IRS pilot program instituted in 2008 and previously only available in select cities. Under this program post-Appeals mediation will be available to taxpayers […]
The IRS, YouTube and Healthcare?
That’s right. As unlikely a pairing as that may sound it really does exist and may be an invaluable resource for taxpayers. The announced the availability of several new YouTube videos to help taxpayers get important information about the Affordable Care Act and their tax return filing. The IRS videos explain the premium tax credit, […]
Changes in Circumstances that May Affect Premium Tax Credit?
That’s right. If you enrolled in insurance coverage through the Health Insurance Marketplace, you are required to report changes to the Marketplace when they happen, like changes to your household income or family size, because they may affect your eligibility for the advance payments of the premium tax credits. A full list of changes are […]
Ready for Ocotber 15th?
If you are one of the approximately 13 million U.S. taxpayers that filed for a six month extension to file your 2013 tax returns you have until October 15th to file. According to the IRS almost 25% or one quarter of those 13 million taxpayers haven’t filed their returns. If you are on of those […]
The IRS Warns Of Continued Phone Scams
The Internal Revenue Service issued a consumer alert warning taxpayers to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers demand money, try to trick you into sharing private information and sound convincing when they call. They usually alter the caller ID to make it look like the IRS is calling and use […]
Law Office of Jack Stuart Beige & Associates, P.C. Taxing Times Summer 2014
Penalty Relief Pilot for Small Retirement Plans Begins in June
Are you a small business owner with a retirement plan? Have you fallen behind on your annual plan filings (IRS Form 5500)? Were you even aware that you were required to file annually? The bad news is that Plan administrators and sponsors who do not file an annual Form 5500 series return can face stiff penalties […]