IRS issues last call to collect leftover tax refunds

“Generally, any taxpayer can file for an extension of six months for any reason”, said John Piershale, a certified financial planner and certified tax specialist at Piershale Financial Group in IL.

ITIN Renewal – Taxpayers may need to renew expired Individual Taxpayer Identification Numbers before they can file a tax return. You don’t have to pay immediately.

Now remember – before we go any farther – if you’re sure you don’t owe money, your tax return is not actually due by April 18. While you can’t always protect yourself 100 percent from being a victim of online fraud, using common sense can help you stay safe. “So you don’t have to worry about it”. They reiterated they do not know anything about the tax case.

Taxpayers who are not ready to file by the deadline should request an extension of time to file. A penalty is issued first for filing late. But he sees good reasons to get the work finished.

In the same event in Qatar, Duterte also brought up the alleged P1.56-billion tax deficiency of Golden Donuts Inc. of the Prieto family, which surfaced three years ago.

A recent press release from the IRS details one new scam that poses as you asking your tax preparer to make a last-minute change to your refund destination, often to a prepaid debit card.

Finally, don’t worry that filing for an extension makes your return a target for an IRS audit – it doesn’t.

If you haven’t filed your taxes, you only have two more days to do so. Fill out your name, Social Security number and other information to get an extension.

Taxpayers requesting an extension will have until Monday, October 16, to file. Billions of tax records, including W-2 and 1099 forms, get sent each year to the IRS, where computers analyze them, looking for missing taxpayers and unreported income. “I hope they do it fast”, Dulay said. “It is not an extension of the time to pay”. Taxpayers residing in these areas do not need to contact the IRS to request an extension.

Pacquiao, however, said the government should not run after him as he had already paid $8.35 million in taxes to the US Internal Revenue Service in 2008 and 2009. You can file by logging onto the IRS Free File service, and most states also have this feature available on their websites. What should I do?

Some taxpayers won’t qualify to file extensions of any kind.

What case vs Lucio Tan?

“A lot of the money that’s on the table for these refunds comes from tax credits”, said Aaron Blau, president of the Tempe-based Blau Co. That’s one-fifth of all those filed in 2016, a 24 percent surge in late-season filings from the previous year. “I’m a sort of full-time member of the tax policy community, and I still find it hard and unpleasant”. The money can be claimed without penalty, if a return is filed by the April 18 deadline, but the refunds will be applied to any outstanding tax money owed. “April 18 is the deadline for most to pay taxes owed and avoid penalty and interest charges”. The individual does not need to complete a separate Form 4688 to request an extension.

Liberty Tax has been working mainly with people who started their return, but couldn’t finish.