If you’re like a majority of Americans, you may be looking for new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do to cut your taxes or increase the amount of your tax refund without incurring the wrath of the IRS. Tax credits and allowable deductions come and go as the IRS changes its rules…
Tag: finance
Report: IRS Lien Notices Reach Wrong Addresses
The IRS sent tax lien notices to the wrong addresses for taxpayers even though the agency had the correct addresses in its system, according to a July report by the U.S. Treasury Inspector General for Tax Administration (TIGTA). Though the agency re-sent the notices, the incorrect mailings were potentially illegal because the IRS is required by statute to notify taxpayers at their last known…