Taxpayers can get faster tax refunds with Direct Deposit 80 percent of filers who choose Direct Deposit to get their tax refund faster. Are you one of them? Direct Deposit into a bank or other account is a secure option.…
Author: horizonexpat.tax
Identity Theft – Warning Signs
Identity Theft - Warning Signs As careful as individuals may try to be, identity theft is something that can happen to anyone. Tax-related identity theft occurs when a thief uses someone’s stolen Social Security number to file a tax return…
IRS Ends Offshore Voluntary Disclosure Program (OVDP)
IRS Ends Offshore Voluntary Disclosure Program (OVDP) Why Was OVDP Closed? While the program has been successful in the past, there has been a significant decline in the number of taxpayers participating as well as an increase in awareness of…
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Foreign Asset Reporting For The 2018 Tax Year
Foreign Asset Reporting For The 2018 Tax Year Due to recent changes, the deadline for filing the FBAR is the same as for a federal income tax return. This means that the 2018 FBAR, Form 114, must be filed electronically…
Five Myths About Tax Refunds
Five Myths About Tax Refunds As the April tax-filing deadline approaches taxpayers are generally anxious to get details about their tax refunds. This has led to a number of common myths about refunds that often circulate on social media. While…
Estimated Tax Payments – Who is Required to Make Them?
Estimated Tax Payments - Who is Required to Make Them? The Internal Revenue Service today reminded self-employed individuals, retirees, investors and others who pay their taxes quarterly that the first estimated tax payment for tax year 2019 is due Monday,…
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IRS Payment Options
Payment Options For Those Who Owe But Can't Pay In Full Most taxpayers will be affected by major tax law changes, and while many will get a refund, others may owe tax. Many of those owing tax may qualify for…
Filed Your Return But Waiting For Your Refund? These Tools Can Help
The Internal Revenue Service today reminds taxpayers that the easiest way to check on a tax refund is “Where’s My Refund?,” an online tool available at IRS.gov and through the IRS2Go app. The fastest way to get a refund is…
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Taxpayer Bill of Rights – Part 2
Taxpayer Bill of Rights - Part 2 In 2014 the IRS adopted "The Taxpayer Bill of Rights" which is the cornerstone document to provide the USA's taxpayers with a better understanding of their rights. These rights were already embedded in…
Taxpayer Bill of Rights – Part 1
Taxpayer Bill of Rights - Part 1 In 2014 the IRS adopted "The Taxpayer Bill of Rights" which is the cornerstone document to provide the USA's taxpayers with a better understanding of their rights. These rights were already embedded in…