IRS letter causes panic

Grant McGee Loud dramatic music like you’d hear on TV or at the movies — “DUN-DUN-DUN” — echoes in my head as I pull a letter from our mailbox; it’s from the Internal Revenue Service. I don’t know about you but when Uncle Sam’s money collectors drop a line in the middle of summer instead […]

IRS to begin mailing stimulus notices

The Associated Press WASHINGTON — Don’t be alarmed. More than 130 million households will get letters from the Internal Revenue Service beginning next week and the news is good. The letters are part of an effort to ensure people do not miss out if they are eligible for a tax rebate check under the recently […]

Some AMT forms delayed

Cannon Air Force Base The Internal Revenue Service announced that the upcoming tax season is expected to start on time for everyone except certain taxpayers potentially affected by late enactment of the Alternative Minimum Tax AMT “patch” passed in late December by Congress. The February delay caused by the AMT patch will affect taxpayers using […]

Paperwork significant staffing issue

Sandra Taylor-Sawyer: Everybody’s Business When a business begins to prosper, the need to hire and train staff is an important step toward growth. Employers are required to complete several steps before paying employees. This includes registering with federal and state agencies. The starting point is to obtain a federal number using Internal Revenue Service Form […]

Reporter’s Notebook: Former Melrose man named to advocacy panel

By Tonya Fennell: CNJ staff writer A former Melrose resident is adding tax advocate to his resume. Steve Fulkrod, a 1978 graduate of Melrose High School, has been selected to serve on the Taxpayer Advocacy Panel. Members of the Federal Advisory Committee are selected by the U.S. Treasury Department, according to an agency news release. […]

Government taking consumer protection too far

By Freedom Newspapers All Americans are morons and dupes: How can they possibly survive without the beneficent people in government, and the many “protections” afforded them by the regulatory superstate, helping them through this dangerous labyrinth called life? Hyperbole? Perhaps. But this seems to be the mindset behind the relentless push to draw the government […]

Taxpayers have two extra days to file this year

By Tonya Garner: Freedom Newspapers Procrastinators have two extra days to file their tax returns this year. Since the traditional April 15 filing day falls on a Saturday, the Internal Revenue Service has extended the deadline for most Americans to 11:59 p.m. on Monday. Jerry Carlton, U.S. Postal Service supervisor in Clovis, said the deadline […]

Tax laws favoring military combatants

By Tom Philpott: Military Update If tax laws mirror a nation’s values, then America clearly values its military personnel, and more so today than a few years ago. Combat-zone tax exclusions, combined with changes to the Earned Income Tax Credit (EITC) and child tax credits, have reduced or even wiped out the tax liability of […]

Business feature: New year, new tax laws

By David Irvin: CNJ staff writer A new tax season often means new tax laws. This year is no exception. There are a number of changes that may assist taxpayers in filing their taxes and may qualify some for larger deductions and less taxes. IRS Spokesperson Bill Brunson said this year’s changes are just business […]

Letter-writing campaign aimed at re-opening IRS, state taxation offices

By Jack King: CNJ STAFF WRITER Curry County commissioners are sending letters to state and federal legislative representatives protesting the closing of federal Internal Revenue Service and state Taxation and Revenue offices in Clovis. Letters will go to U.S. Sens. Jeff Bingaman, D-N.M., and Pete Domenici, R-N.M., U.S. Rep. Tom Udall, D-Santa Fe, as well […]

New roadblock encountered over records

By David Stevens, editor Our newspaper’s efforts to find out how much public officials get paid around here has hit another road block, this time from the Internal Revenue Service. Several weeks ago, our reporters contacted officials at all the public entities in Curry County and asked for records documenting employees’ pay. It seemed like […]

Extension a possible lifeline for taxpayers

STAFF AND WIRE REPORTS If you’re among the 10 million taxpayers who won’t meet the Thursday tax-filing deadline, now is the time to ask the Internal Revenue Service for an automatic four-month extension. Portales CPA Terry Cone knows about those extensions. He is recommending people who have complicated returns to file, but haven’t met with […]

Tax reform could stimulate economy

A new report on poor taxpayer service at the IRS sheds the same old light on the same old problem: The tax code is so complicated even the experts can’t seem to figure it out. Remember a few years ago when the heads of the tax collection bureaucracy tried to convince us of a new […]