by Arthur Geffen | May 15, 2017 | Estate Tax, IRS
The Internal Revenue Service has announced, in IRS Notice 2017-12, that an IRS-issued account transcript can substitute for an estate tax closing letter. An estate tax closing letter (IRS Letter 627) is a written communication from the IRS which: (1) specifies...
by Arthur Geffen | Apr 6, 2016 | IRS
WASHINGTON — The Internal Revenue Service announced today a new payment option for individual taxpayers who need to pay their taxes with cash. In partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company, individuals can now make a payment...
by Arthur Geffen | Jan 15, 2016 | IRS
The Right to Be Informed. Taxpayers have the right to know what is required to comply with the tax laws. They are entitled to clear explanations of the laws and IRS procedures in all tax forms, instructions, publications, notices and correspondence. They have the...
by Arthur Geffen | Dec 1, 2015 | identity theft, IRS
A victim of identity theft or a person authorized to obtain the identity theft victim’s tax information may request a redacted copy (one with some information blacked-out) of a fraudulent return that was filed and accepted by the IRS using the identity theft...
by Arthur Geffen | Sep 9, 2015 | IRS, Tax
IS THIS GOING TO BE A PROBLEM FOR YOU AND YOUR ESTATE? PROBABLY NOT! Owe $100 million or more to the Internal Revenue Service (IRS)? Better write that check now. The latest edition of the Internal Revenue Bulletin, Bulletin No. 2015–36, dated, September 7, 2015,...
by Arthur Geffen | Mar 13, 2015 | IRS
THE INTERNAL REVENUE SERVICE WILL NOT PLACE CALLS TO YOU. DO NOT GIVE THESE CALLERS ANY INFORMATION. Multiple criminal groups may be responsible for telephone calls to 366,000 people by fake Internal Revenue Service agents who are trying to trick targets into...