Call: (231) 747-6369

Slider

IRS Offers Tips on Filing an Amended Tax Return

You may discover you made a mistake on your tax return. You can file an amended return if you need to fix an error. You can also amend your tax return to claim a tax credit or deduction. Here are 10 tips from the IRS on amending your return: When to amend. You should amend

» Continue Reading

2017 Standard Mileage Rates for Business, Medical and Moving Announced

WASHINGTON — The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: •

» Continue Reading

As Holidays Approach, IRS Reminds Taxpayers of Refund Delays in 2017

WASHINGTON –As the holidays approach, the Internal Revenue Service today reminded taxpayers to remember that a new law requires the IRS to hold refunds until mid-February in 2017 for people claiming the Earned Income Tax Credit or the Additional Child Tax Credit. In addition, new identity theft and refund fraud safeguards put in place by

» Continue Reading

Five Tips if Your Name Has Changed

If you were married or divorced and changed your name last year, be sure to notify the Social Security Administration before you file your taxes with the IRS. If the name on your tax return doesn’t match SSA records, the IRS will flag it as an error and that may delay your refund. Here are

» Continue Reading

How You Can Get Prior Year Tax Information from the IRS

The IRS offers several different ways to get tax return information or a copy of your own tax return for prior years. Here are options to help you get the information you need. Tax Return Transcript. This shows most line items from your tax return as originally filed, along with any forms and schedules from

» Continue Reading

IRS Plans Jan. 30 Tax Season Opening For 1040 Filers

WASHINGTON — Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns on Jan. 30. The IRS will begin accepting tax returns on that date after updating forms

» Continue Reading

Higher education expense deduction

You may be able to claim a deduction for the cost of tuition and fees to enroll or attend a college or graduate school for yourself, your spouse, or your dependents, even if the education isn’t employment- or business-related. For expenses paid before Jan. 1, 2010, a married couple filing jointly can deduct up to

» Continue Reading

IRS now accepting taxpayer records in electronic format

IRS has announced that it will begin accepting taxpayer records in electronic format instead of continuing to use traditional paper books and records for tax audits. For some time, business owners and tax professionals have been encouraging IRS to accept taxpayer records in electronic format. These wishes were specifically expressed in tax practitioner focus groups

» Continue Reading

When a married taxpayer can file as single.

Is it possible to file as a single taxpayer even though you are legally married? A married taxpayer can always use the filing status “married filing separately.” However, it is less favorable than the “single” filing status. In many cases a couple is “separated” but with no decree of divorce or separate maintenance. In that

» Continue Reading