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Taxingly Simple by Tiffany- Posts Tagged with IRS

Extra, Extra, Read All about the First Time Homebuyer’s Credit Extension

Once more, the government has extended the First Time Homebuyer's Credit.  What is important about this extension is that a taxpayer must have purchased the home before May 1, 2010- that portion ...

Options for Taxpayers who Owe- IRS Has Expanded its “Offer-in-Compromise” Program

I hear taxpayers say that they owe, and because of the economy they are not going to file this year.  Well, let me make it simple for you- just file!  If you fail to file, you will face a pe...

Do Pack Rats Fair Well on Tax Audits?

So we all know someone who is a pack rat.  They have their first grade spelling test, newspapers from 15 years ago, and they have their last 15 years of tax returns.  While you don’t n...

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