President Barack Obama is seeking to increase funding for the Internal Revenue Service with his fiscal year 2014 plan. The budget request was officially sent to Congress on April 10 and included an 8.8 percent increase from FY 2012. If approved, the IRS would receive close to $12.9 billion. Continue reading
Should Tax Delinquent IRS Employees Be Fired?
If you have fallen behind on your taxes, you may be interested to know that some of the very people tasked with enforcing the tax code are delinquent on their taxes as well. This lack of compliance is not just present among IRS employees; many federal employees have overdue tax debts. A good argument could be made for relieving these public employees from duty, and that argument is being made by Rep. Jason Chaffetz (R-Utah).
Rep. Chaffetz introduced a bill that would require the removal of federal employees who are not paying their taxes. In addition, potential federal employees with significant tax debts would no longer be eligible for hire. He believes that tax delinquent employees are biting the hands that feed them and that their lack of compliance is indicative of the quality of work the American people can expect from them. Continue reading
Taxpayers May Be Eligible for Late Payment Penalty Relief
Because Congress took forever to pass the American Taxpayer Relief Act (“ATRA”), the IRS was not equipped to process forms affected by ATRA. On March 20, 2013, the IRS announced that it would provide relief from late payment penalties for taxpayers filing 2012 returns with forms delayed by passage of ATRA. Continue reading
Tips for Choosing a Tax Return Preparer [INFOGRAPHIC]
Tax season is upon us once again, and choosing the wrong tax return preparer can have a significantly affect on your finances. The tax return preparer you choose should be qualified, experienced and maintain up-to-date with tax law changes. The infographic below will give you tips on how to ensure you choose the best tax return preparer for you…
If you are in need of assistance with your unfiled tax returns, and are seeking legal advice from an IRS tax expert, contact the law office of Todd S. Unger Esq. today!
Embed This Image On Your Site (copy code below):