Tag Archives: Offer in compromise

IRS Options For Avoiding The President’s Day Rush

The President’s Day is a holiday that forms part of the busiest times for IRS telephone lines. The wait can however be avoided as the IRS is equipped with easy options for taxpayers to find the answers they need. They can save time by visiting IRS.gov. Below are some of the most frequently asked questions by taxpayers about taxes 2014 and how answers can be quickly found.

Taxpayers always like to know the status of their refund. Most refunds are issued by the IRS in not more than 21 days. Status of a refund can be checked on the … Read more at 2011 Taxes.

Filing A Tax Extension

Need More Time to Pay Taxes? Read On!

Taxpayers that owe money on their taxes will be glad to know that they have some options if they can’t afford to pay the full tax liability immediately.

Here are 10 things the IRS would like people to know about taking more time to pay their taxes:

1. If a taxpayer can’t pay the full amount, they should pay as much as they possibly can. Paying as much as they can now lowers the amount of penalties and interest that will be added to the amount owed.

2. Depending on the circumstances, … Read more at 2011 Taxes.