When a military member files a late return, is she penalized?
- September 30th, 2020
- David Greene
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The answer to this question depends on where the she is actively serving. If she is serving in the US or in a non-combat zone, there is no special relief for late filing. She will be charged the usual late…
Is there a penalty for a tax return filed late that shows a refund?
- September 15th, 2020
- David Greene
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Fortunately, the answer is “No.” If you are due a refund on your taxes and file the return after the filing deadline (July 15 this year), the IRS will not charge you a late filing penalty. This is because you…
What should a taxpayer do after receiving a threatening letter from the IRS?
- July 7th, 2020
- David Greene
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Even though most IRS offices are still closed due to COVID-19, some letters, computer generated and otherwise, are still being sent. When a person receives any Notice from the IRS, here are several things he can do: (1) Don’t panic. …
How can one prove a tax return was filed if the IRS says it was not?
- June 17th, 2020
- David Greene
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Was the return sent by certified mail, return receipt requested? If so the green card signed by someone at the IRS and a copy of thee signed and dated tax return is all the proof needed. If you did not…
Should I file my 2019 return if I did not file last year?
- May 5th, 2020
- David Greene
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First, you should know that you now have until July 15 to file your 2019 return. No matter what else you do or don’t do, be sure to file your return on time. You should do this even if you…
The PEOPLE FIRST INITIATIVE from the IRS
- April 3rd, 2020
- David Greene
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In conjunction with the CARES Act and other directives from the President, the IRS has begun a new initiative called the People First Initiative. The highlights are as follows: If you are in an existing Installment Agreement, payments due between…
Refusing an IRS certified letter will not defeat service of the Notice.
- February 27th, 2020
- David Greene
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The refusal of a certified Notice of Levy or other letter from the IRS does not mean the IRS has failed to serve you. In state court, I must serve a defendant either in person or through certified mail restricted…
Are IRS interest and penalty charges ever forgiven?
- February 11th, 2020
- David Greene
- Comments Off on Are IRS interest and penalty charges ever forgiven?
Thank you for your question. Many people who owe taxes more than five or six years old find that the interest and penalties are more than the original tax. This is because penalties keep being added for several years. In…
Is refusing to file taxes a criminal offense?
- January 22nd, 2020
- David Greene
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This is an area that the IRS pursues very vigorously, so there are more people than one might think who do this. Here I’m talking about people who take the position that taxes are illegal and do not need to…
Can one withdraw money from an IRA without incurring the 10% penalty?
- January 15th, 2020
- David Greene
- Comments Off on Can one withdraw money from an IRA without incurring the 10% penalty?
Money can be withdrawn from an IRA at any time for any reason, but if it is withdrawn before the owner reaches 59 ½ a 10% penalty will generally be imposed. However, there are certain circumstances where the 10% penalty…