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Update on First Time Homebuyer Credit and Tax Refunds   The IRS today released information on processing issues that are impacting a small percentage of tax returns involving repayment of…

8 Tips for Deducting Charitable Contributions Charitable contributions made to qualified organizations may help lower your tax bill. The IRS has put together the following eight tips to help ensure…

Ten Things to Know about Farm Income and Deductions  If you have a farming business, there are several tax issues to consider before filing your federal tax return.  The IRS…

Seven Tips About Rental Income and Expenses  Do you rent property to others? If so, you’ll want to read the following seven tips from the IRS about rental income and…

IRS Debunks Frivolous Tax Arguments WASHINGTON — The Internal Revenue Service today released the 2011 version of its discussion and rebuttal of many of the more common frivolous arguments made…

More Taxpayers Are Filing From Home in 2011, Free File Options Abound  WASHINGTON — Almost 19 million tax returns have been filed with the IRS from home computers so far…

IRS Nationwide Tax Forums is now open for registration!  Join tax professionals from across the country for three days of the latest tax law information, hands-on workshops, and exhibits of…

March IRS Live Webinar Focuses on Requirements for Federal Tax Return Preparers  WASHINGTON — The Internal Revenue Service’s next IRS Live webinar, “Requirements for Federal Tax Return Preparers” is Wednesday,…

Ten Things to Know About the Child and Dependent Care Credit  If you paid someone to care for your child, spouse, or dependent last year, you may be able to…

Don’t be Scammed by Fake IRS Communications    The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be…