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2014 Tax Tips; Vol. 5


APRIL 15 COUNTDOWN & LAST MINUTE TAX TIPS

With the clock about to strike midnight on the 2013 Tax Year Filing season, the following is a quick list of tax tips for all you last minute filers out there: … Continue reading

CONTRACTOR MADE MISTAKES & COST NY TAXPAYERS MILLIONS

A recent review of New York State Industries For The Disabled–the contractor hired by New York State to process mail-in tax returns–revealed a tremendous amount of mistakes and excessive overtime that cost taxpayers Millions of dollars: The review found that the contractor introduced errors into an estimated 22 percent of the more than 2 million paper… Continue reading 

NY SUSPENDING DRIVERS LICENCES FOR FAILING TO PAY TAXES

Governor Andrew M. Cuomo today announced that 8,900 New Yorkers had their driver licenses suspended for failing to pay taxes they owe the State. The crackdown is the result of legislation signed into law last year aimed at encouraging individuals who owe more than $10,000 in back taxes to settle their bills with the… Continue reading

IRS: $760 MILLION IN UNCLAIMED REFUNDS

The IRS currently has over $760 Million in unclaimed refunds from tax year 2010, and the clock is running out for taxpayers to claim them.   Any rightful refunds from 2010 not claimed by April 15, 2014 will become the property of the US Government. The majority of these refunds are in excess of $571…Continue reading



Looking for additional resources?

Visit these sections of our blog for additional reading and tax resources: The True Cost of Doing Your Own Taxes

 

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