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Tax Tips & News: Announcements (3)

IRS Budget Talks: Will They Increase or Decrease

2 minutes read

President Obama’s proposed budget for 2012 includes an increase in funding for the Internal Revenue Service enforcement efforts.  Though Republicans talk of decreasing the IRS budget, the President believes that increasing the enforcement efforts will bring in additional revenue and assist in closing the deficit.

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Accepting All Tax Returns

1 minute read

Today is the day that the Internal Revenue Service will begin accepting all tax returns that have been delayed filing this year.

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IRS is Putting Tax Refunds on Debit Cards

1 minute read

The IRS is sending out letters to hundreds of thousands of taxpayers about their new Debit Card program.  The program is for low income taxpayers who do not have bank accounts.

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New 1099 Reporting Requirement May Be Repealed

1 minute read

Due to newly enacted legislation companies that pay any individual or corporation for goods or services more than $600 will be required to issue a 1099 to report the transaction to the Internal Revenue Service beginning in 2012.  This creates a financial burden on small businesses that may not have the means to track and report every transaction for the year.

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IRS App Now Available for I-Phone & Android

1 minute read

The IRS has gone mobile…  You can now download an application to find out your tax return or refund status, get tax tips via email directly on your phone, and follow the IRS on twitter.

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Delayed Returns to be Accepted by IRS February 14th

1 minute read

Due to late changes in the law the IRS has delayed the processing of certain returns.  Though the return cannot be processed until the newly announced date of Monday February 14th, there is no reason to delay the preparation of your returns.

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FREE TAX RETURN

3 minutes read

So what exactly is this Free Tax Return promotion all about? Well, that depends on which one you’re referring to…

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Tax Filing Deadline Extended to April 18th

1 minute read

Due to District of Columbia holidays which are considered Federal holidays the filing deadline has been extended to Monday, April 18th 2011 and extensions will also be extended to Monday, October 17th 2011.

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R&G Brenner Branch Offices are OPEN

1 minute read

R&G Brenner Branch Offices are open tax season business hours as of today.  To schedule an appointment please contact the branch you are interested in or use our online appointment scheduler.

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IRS to Delay Filing for Some Taxpayers

2 minutes read

Most taxpayers will be able to submit their returns beginning January 14th when Electronic Filing begins.  However, if you fall into any of these three categories your filing will be delayed and your tax return will not be accepted until Mid to Late February.

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