The adventures & musings of an Enrolled Agent representing clients in Tax Controversy cases at the Neighborhood Christian legal clinic - Low Income Taxpayer Clinic.

Indianapolis, Indiana

An estimated 26,900 Hoosiers will loose unclaimed refunds for 2015 if their 2015 return is not filed by April 15, 2019!

An estimated 26,900 Hoosiers will loose unclaimed refunds for 2015 if their 2015 return is not filed by April 15, 2019!

Unclaimed income tax refunds totaling almost $1.4 billion may be waiting for an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return, according to the Internal Revenue Service. To collect the money, these taxpayers must file their 2015 tax returns with the IRS no later than this year’sRead more about An estimated 26,900 Hoosiers will loose unclaimed refunds for 2015 if their 2015 return is not filed by April 15, 2019![…]

File by April 15th even if you can’t pay by April 15th!

File by April 15th even if you can’t pay by April 15th!

  The IRS anticipates that most taxpayers will be affected by major tax law changes. While most will get a tax refund, others may find that they owe taxes, many of whom may qualify for a waiver of the estimated tax penalty that normally applies. See Form 2210, Underpayment of Estimated Tax by Individuals, EstatesRead more about File by April 15th even if you can’t pay by April 15th![…]

5 things you should know about the 2018 Form 1040

5 things you should know about the 2018 Form 1040

There are several changes to the 2018 Form 1040. However, taxpayers who file electronically may not notice the changes as the tax return preparation software guides people through the filing process. The IRS worked closely with its partners in the tax return preparation and tax software industries to prepare for tax reform and tax form changesRead more about 5 things you should know about the 2018 Form 1040[…]

The penalty and interest for not filing a federal tax return on time are more than for not paying on time!

The penalty and interest for not filing a federal tax return on time are more than for not paying on time!

April 15th is the due date for tax filing and paying if you owe Generally, April 15 is the deadline for most people to file their individual income tax returns and pay any tax owed. During its processing, the IRS checks your tax return for mathematical accuracy. When processing is complete, if you owe anyRead more about The penalty and interest for not filing a federal tax return on time are more than for not paying on time![…]

Don’t let a ghost prepare your tax return!

Don’t let a ghost prepare your tax return!

Beware Ghost Preparers! The Internal Revenue Service is warning taxpayers to avoid unethical tax return preparers, known as ghost preparers. By law, anyone who is paid to prepare or assist in preparing federal tax returns must have a valid 2019 Preparer Tax Identification Number, or PTIN. Paid preparers must sign the return and include theirRead more about Don’t let a ghost prepare your tax return![…]

Owe the IRS? Maybe an Offer in Compromise is right for you.

Owe the IRS? Maybe an Offer in Compromise is right for you.

An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer’s tax liabilities for less than the full amount owed. Taxpayers who can fully pay the liabilities through an installment agreement or other means, generally won’t qualify for an OIC in most cases. To qualify forRead more about Owe the IRS? Maybe an Offer in Compromise is right for you.[…]

What IRS services are open during the government shutdown?

What IRS services are open during the government shutdown?

Due to the lapse in appropriations, most IRS operations are closed during the shutdown. An IRS-wide furlough began on December 22, 2018, that affects many operations. During this period, the IRS reminds taxpayers that the underlying tax laws remain in effect, and all taxpayers should continue to meet their tax obligations as normal. Individuals andRead more about What IRS services are open during the government shutdown?[…]

Navigate the new tax law provisions with IRS Free File!

Navigate the new tax law provisions with IRS Free File!

An improved version of IRS Free File, now in its 17th filing season, is available as a dozen private-sector partners offer their brand-name products to help eligible taxpayers navigate the new tax reform law and electronically prepare their tax returns. The free online software program, accessible only through IRS.gov, is available for taxpayers to useRead more about Navigate the new tax law provisions with IRS Free File![…]