TaxAudit Blog

Keeping you up-to-date on tax issues that may affect your life.

 

Account Setup

Creating your IRS online account starts with a simple trip to the IRS website. You will need an email address, a smartphone with a working camera, and an ID. Read More ›

 
Man thinking

An amended IRS tax return refund can take in the region of 20 weeks to receive. The Where’s My Amended Return? Tool allows taxpayers to check the status. Read More ›

 
Tax Relief written on a Calculator

Fortunately, there are a myriad of tools available for taxpayers who want to tackle their tax debt issues and dispute the collection actions taken by the IRS. Read More ›

 
1040-X Amended Tax Return

The general deadline for an amended tax return is 3 years from when the original return was filed or 2 years from when the tax was paid, whichever is later. Read More ›

 
Installment Agreement

An IRS Installment Agreement can be very easy or complicated, depending on your circumstances. Read More ›

 
College Application

There is no tax benefit for applying to enter a college. However, many benefits are available when your application has been accepted and after you enroll. Read More ›

 
Installment payment plan sign

IRS notice CP523 informs you the IRS intends to terminate your installment agreement or payment plan because they haven't received one or more monthly payments. Read More ›

 
Woman thinking about Tax

An IRS Offer Compromise is an attempt to settle your tax liability with the IRS for less than what is owed. There are three types of Offers in Compromise. Read More ›

 
Estimated Tax Payments

If you happen to miss one of your quarterly estimated tax payments, all is not lost. As soon as you remember, go ahead and make the quarterly payment late. Read More ›

 
Internal Revenue Service Sign

If you’ve received an IRS deficiency or IRS determination and disagree with the changes, how can you dispute them? Read on because we’re here to help! Read More ›

 

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This blog does not provide legal, financial, accounting, or tax advice. The content on this blog is “as is” and carries no warranties. TaxAudit does not warrant or guarantee the accuracy, reliability, and completeness of the content of this blog. Content may become out of date as tax laws change. TaxAudit may, but has no obligation to monitor or respond to comments.