| Double check return to avoid the tax man
It's often been said the two certainties in life are death and taxes.
I'm 36 and prayerfully death is still a long way off, so for the time being I'll have to live with taxes.
A month ago my wife, Alecia, and I found out that we were part of the 2 percent of all Americans who are audited by the Internal Revenue Service each year. Our 2006 return, which was completed by Jackson Hewitt here in Corydon, was being questioned.
The chances for an IRS audit are higher depending upon certain types of income, certain amounts of income, certain professions, the types of transactions and the types of tax deductions claimed on a tax return.
The IRS doesn't have enough personnel and resources to examine each tax return, so it selects those tax returns which, upon quick review, have high audit potential and those that are most likely to result in a substantial tax audit deficiency.
Help available for those filing tax-rebate forms
GRAND RAPIDS -- For most people, filing tax returns is an annual ritual. But this year, millions who usually aren't required to file federal returns will have to in order to receive economic stimulus rebates approved by Congress in January. The IRS and the United Way's Kent County Tax Coalition plan to make help available Saturday for those seeking to file federal tax forms solely to receive stimulus rebates. The IRS office at 678 Front Ave. NW will be open from 9 a.m. to 3 p.m. Saturday to offer help in filing tax forms required to receive the rebate. The Tax Coalition will offer assistance from 10 a.m. to 4 p.m. at Davenport University's Welcome Center downtown, 415 E. Fulton St. Those seeking assistance will need a picture ID, Social Security card, Social Security benefits statement form SSA-1099 or railroad benefits statement form RRB-1099 or their Department of Veterans Affairs yearly benefit total.
(AFX UK Focus) 2008-03-24 18:37 GMT: IRS to help retirees, veterans, low-income workers apply for stimulus payment
WASHINGTON (Thomson Financial) - The Internal Revenue Service (IRS) on Saturday March 29 will set up hundreds of locations at which retirees, veterans and low-income workers who do not file income tax returns can apply to receive their economic stimulus payment. The one-day event, called "Super Saturday," will take place in 320 locations in all fifty states and the District of Columbia. At each location, IRS employees will help individuals prepare a 1040 A form soley to receive their stimulus payment. Field assistance personnel will also visit nursing homes and other similar locations to help qualifying individuals file. Millions of Americans who do not pay federal income taxes may be eligible for a 300 usd economic stimulus payment (600 usd for married couples) if they have at least 3,000 usd in qualifying income.
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