Search results
Results from the WOW.Com Content Network
A dreaded CP14 notice usually means that you owe the IRS money for unpaid taxes. It can also mean that you owe for interest and penalties that have accrued on those unpaid taxes.
Form 1041, U.S. Income Tax Return for Estates and Trusts (for 1993 and prior years, this was known as "U.S. Fiduciary Income Tax Return"); Form 1065, U.S. Return of Partnership Income (for 1999 and prior years, this was known as "U.S. Partnership Return of Income") (information return); Form 1099 series (various titles) (information return);
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
The effort, named the Simple Notice Initiative, targets the more than 170 million letters the IRS sends to individual taxpayers ahead of filing season each year, which can include information ...
During the COVID-19 pandemic, the IRS stopped sending reminder notices relating to taxes still owed. Now normal operations and letters are resuming. IRS sending LT38 collection letters again after ...
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
The IRS’s terrible, horrible, no good, very bad year appears to have gotten worse amid reports that the agency sent millions of “math-error” notices during the first half of 2021 to ...
The Act also provided that the IRS cannot seize a personal residence to satisfy a liability of $5,000 or less. The Act provides for changes in the due process rights afforded to taxpayers after the filing of a notice of Federal tax lien. The IRS was also required by the Act to follow certain guidelines in the Fair Debt Collection Practices Act.