Tips for Using Credit Bureaus to Help Protect Your Financial Accounts
If you believe you are a victim of identity theft, you should contact one of the three major credit bureaus to place a “fraud alert” on your credit account. This…
Read moreTips from IRS for Year-End Gifts to Charity
SOUTH BEND – The Internal Revenue Service today reminded individuals and businesses making year-end gifts to charity that several important tax law provisions have taken effect in recent years. Some…
Read more2016 Standard Mileage Rates for Business, Medical and Moving
WASHINGTON — The Internal Revenue Service today issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving…
Read moreIRS Provides Tax Relief to South Carolina Flood Victims; Oct. 15 Tax Deadline Extended to Feb. 16
WASHINGTON ––South Carolina flood victims, including individuals and businesses that previously received a tax-filing extension to Oct. 15, will have until Feb. 16, 2016, to file their returns and pay…
Read morePayments to Independent Contractors
The Internal Revenue Service reminds employers to correctly determine whether workers are employees or independent contractors. Generally, employers must withhold income taxes, withhold and pay Social Security and Medicare taxes,…
Read morePenalty Relief Due to Reasonable Cause
First, check to see if the information in your notice is correct. If you can resolve an issue in your notice, there may be no penalty. Reasonable Cause is based…
Read morePenalties at a Glance
First, check to see if the information in your notice is correct. If you can resolve an issue in your notice, a penalty might not be applicable. You may qualify…
Read moreIRS Reminds Taxpayers to Safeguard their Tax Records as the Beginning of Hurricane Season Approaches
WASHINGTON – Internal Revenue Service advises individuals and businesses to safeguard their records against natural disasters by taking a few simple steps. Create an Electronic Additional Set of Records Taxpayers…
Read moreTax Warrant for Collection of Tax
If your account reaches the warrant stage, you must pay the total amount due or accept the expense and consequences of the warrant. Although this is not a warrant for…
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