Oct. 15 is the last day to file 2014 tax returns for most people who requested an automatic six-month extension and avoid the late filing penalty. However, you can file any time before Oct. 15 if you have all your
Tag: efile
Federal Tax Extensions and Penalties
How do Tax Extensions Work? Filing for an automatic 6 month extension to file your taxes is easy. Simply fill out Tax Form 4868, Application for Automatic Extension of Time To File U.S. Income Tax Return (pdf) by the tax
The Tax Deadline has Passed, Now What?
If You Missed the Tax Deadline These Tips Can Help April 15 has come and gone. If you didn’t file a tax return or an extension but should have, you need to take action now. Here are some tips for
EITC Awareness Day 2015
Today is National Earned Income Tax Credit (EITC) Awareness Day for 2015. Four out of five workers claim and get the EITC they earned. In California alone, statistics for the 2013 tax year included 3.1 million EITC claims for a total
Tax Filing Reminder – October 15, 2014
October 15, 2014 is the last day to efile a 2013 Federal Income Tax Return. If you requested a Federal tax-filing extension, you will need to submit your return to the IRS by Wednesday, October 15th. More Information at tacct.net
EITC Awareness Day
The Internal Revenue Service (IRS) invites community organizations, elected officials, state and local governments, employers, and other interested parties to join a nationwide effort on Earned Income Tax Credit (EITC) Awareness Day, January 31, 2014. IRS estimates four of five eligible
IRS Payment Options
Ten Helpful Tips for Paying Your Taxes Do you owe the IRS this year? If so, here are 10 important things the IRS wants you to know about correctly paying your federal income taxes. Never send cash. If you file
IRS Swamped
The Internal Revenue Service said Tuesday that its Modernized e-File Prouction system is taking longer to generate federal acknowledgments for tax return filings. The IRS said the situation “may continue throughout the remainder of the day as receipts increase” of
Refund Cycle Chart Discontinued by IRS
No Refund Cycle Chart In previous years, the IRS would publish a refund cycle chart showing when a particular tax return would be deposited into a taxpayers bank account if they elected Direct Deposit of their refund. This was true
Education Tax Credit Returns on Hold until Mid-February
Taxpayers using Form 8863, Education Credits, can begin filing their tax returns after the IRS updates its processing systems. It was discovered during testing that programming modifications are needed to accurately process Form 8863. Form 8863 is used to claim two higher