IRS Will Process Tax Returns During Shutdown!
Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed…
Combat-injured disabled veterans may be due a refund
The IRS is alerting certain veterans that they may be due a credit or refund. This is a result of the Combat-Injured Veterans Tax Fairness Act passed in 2016. It…
IRS Offshore Voluntary Disclosure Program (OVDP)
Clock Ticking Down on the Offshore Voluntary Disclosure Program, Time Is Of The Essence Just when you thought it was safe to get back in the water, the IRS has…
Veterans owed refunds for overpayments attributable to disability severance payments should file amended returns to claim tax refunds
The Internal Revenue Service today is advising certain veterans who received disability severance payments after January 17, 1991, and included that payment as income that they should file Form 1040X,…