If you filed your tax return with form 8863 for Tax Education Credits, you might be receiving this 8863 Letter in the mail requesting more information.  Typically, this is just a request for more information relating to credit eligibility. In this case, it seems that 4 of the questions on the form are either not […]

Acknowledgements are taking longer than expected recently due to the modernized e-file system being swamped with returns coming in.  Try not to worry too much about it, but rather, let your client know that the system is bogged down and that it should return to normal in the following week or so. The 8812 (Additional […]

There is nothing more financially terrifying than getting a letter from the IRS.  Pranksters have long been able to superimpose the IRS’s logo onto a letterhead and mail it off for laughs, but now, these pranksters have grown up into identity thieving crooks using more than a letterhead. Identity thieves have an arsenal of weapons […]

The following tax forms will be accepted by the IRS during the first week of March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future. Form 3800 General Business Credit Form 4136 Credit for Federal Tax Paid on Fuels Form 5074 Allocation of […]

The IRS is experiencing high traffic on “Where’s My Refund?” as more tax returns come in. Because of the heavy volume of refund inquiries, the IRS anticipates “Where’s My Refund?” will have limited availability during busier periods. Due to the large number of inquiries and to avoid service disruptions, the IRS strongly urges taxpayers to […]