List of 31 Tax Forms in Delayed Release

March 25, 2013

The taxpayer will be responsible for detailing how the late payment was connected to a specific delayed form or forms in order to qualify for a penalty waiver. Here is the entire list of 31 delayed forms.

ATRA & AMT -OMG!

March 11, 2013

The alternative minimum tax makes tax planning much more difficult, and often taxpayers whose annual incomes have increased are unpleasantly surprised when they learn they owe AMT.

Late Forms from IRS Lead to Protest

March 4, 2013

CPA firms and organizations throughout the country are doing their part to petition for taxpayer relief. These organizations are raising a question of fairness, as taxpayers wait on the IRS, though IRS deadlines aren’t waiting for taxpayers.

“Fair” Tax Controversy

February 25, 2013

The idea is to eliminate federal income taxes and replace them with sales and use taxes on everything a consumer buys. But…What would happen if all purchases of products and services would be subject to an average 25% to 35% sales tax or higher?

Worst States for Tax Rates

February 14, 2013

New “tax climate” rankings have been released giving a state-by-state view of the overall impact of all types of taxes on your pocketbook. The range of the tax impact in the Midwest goes from average to not-so-good.

Tax Calendar Squeeze

January 28, 2013

All this means refund checks could be delayed about a week and the filing window shrinks from 12 weeks down to 11 weeks. The filing deadline remains April 15th, which falls on a Monday this tax season.