IRS « CBS Philly

IRS Issues Warning About Tax Scam

If you get a call claiming to be from the IRS saying you owe more tax money which you need to send immediately or face arrest, the IRS says don’t fall for it.

2013/04/24

(Vincent Fumo, after his conviction on 137 counts of fraud. File photo)

Former IRS Attorney Says Government’s Move on Fumo Properties Was Overdue

Keith Fogg, who served more than 30 years in the office of the IRS’ chief counsel, says word that the government has placed liens against the transfer of properties to a family member and a female companion is a bit surprising only in how long it took.

2013/04/08

Federal IRS Workers Receive Identity Theft Protection Training

This year, a pilot project in several states actually has the IRS getting help from different states in tracking down those engaged in ripping off your identity.

2013/04/07

3 On Your Side: Avoiding Tax Season Traps

The clock is ticking. It’s crunch time for taxpayers to wrap up their Federal income tax returns or, in the case of some, to start working on them.

2013/03/26

Tax Deductions For Weight Loss Programs

The IRS issued a ruling that states that if your physician determines that you are obese and then prescribes a weight loss program, the fees for the weight loss program are deductible medical expenses for tax purposes.

2013/03/26

What Triggers an IRS Tax Audit?

The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.

2013/03/25

Where’s My Refund? IRS Tool Answers That Question

The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.

2013/03/18

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.

2013/03/18

What To Do If You Owe Taxes But Can’t Pay

So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?

2013/03/11

Basic Errors That Can Delay Your Tax Refund

Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.

2013/03/11

As The Tax Man Cometh, Tips For Getting Ready

The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.

2013/03/04

Philadelphia Tax Preparer Charged With Helping Clients File Fake Tax Returns

Shawn Sisco, 48, was indicted by a grand jury on 31 counts of fraud and related charges for allegedly preparing tax returns with inflated deductions.

2013/02/19

Accountant: Gather Your Documents Before Starting Your Taxes

If you’re missing some interest statements you can get the numbers by phone, but you will need the paper copies for your records, just in case you get audited.

2013/02/11

3 On Your Side: Hiring A Tax Preparer

Tax season is now officially underway and whether you’re filing your returns online or through the mail, the Internal Revenue Service says there are things to consider when hiring someone to prepare that return for you.

2013/02/05

3 On Your Side: Free Tax Preparation Sites

The last of W-2 forms will soon be in the mail, so you can start tackling your returns. But as 3 On Your Side’s Jim Donovan reports, free help for some is already available.

2013/01/25