Topic: Taxpayers

Clarksville Montgomery County School System celebrated High School Graduation

By Bill Larson | May 28, 2013 |

Clarksville, TN – On Thursday, May 23rd,  Montgomery Central High School graduated 194 students in a ceremony held at Austin Peay State University‘s Dunn Center. Family and friends of the students gathered to watch as they walked across the stage to pick up their diplomas.

2013 Montgomery Central High School Graduation

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American Heart Association says costs to treat Heart Failure expected to more than double by 2030

May 5, 2013 |

Strategies to prevent and treat heart failure are needed to curb the rise in the incidence of heart failure

Dallas, TX -  By 2030, you — and every U.S. taxpayer — could be paying $244 a year to care for heart failure patients, according to an American Heart Association policy statement.

The statement, published online in the American Heart Association journal Circulation: Heart Failure, predicts the number of people with heart failure could climb 46 percent from 5 million in 2012 to 8 million in 2030. Direct and indirect costs to treat heart failure could more than double from $31 billion in 2012 to $70 billion in 2030.

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City of Clarksville Employee Health and Wellness Center to Open Soon

April 25, 2013 |

Clarksville, TN – Next week, CareHere! will offer City of Clarksville employees the opportunity to become familiar with the new Employee Health and Wellness Center and the specific services that will be offered.

CareHere! was chosen as the company that will manage these services for the City.

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IRS offers Tips for Taxpayers Who Missed the Tax Deadline

April 17, 2013 |

Washington, D.C. – The IRS has some advice for taxpayers who missed the tax filing deadline.

File as soon as possible. If you owe federal income tax, you should file and pay as soon as you can to minimize any penalty and interest charges. There is no penalty for filing a late return if you are due a refund.

Penalties and interest may be due. If you missed the April 15th deadline, you may have to pay penalties and interest. The IRS may charge penalties for late filing and for late payment. The law generally does not allow a waiver of interest charges. However, the IRS will consider a reduction of these penalties if you can show a reasonable cause for being late. «Read the rest of this article»

IRS Answers Common Questions for Last-minute Tennessee Filers

April 6, 2013 |

Nashville, TN – With just days to go before the tax filing deadline, the IRS reminded Tennessee taxpayers to file either a tax return or an extension request by April 15th.

“Missing the tax deadline can be costly,” said IRS spokesman Dan Boone. “But taxpayers can easily avoid or reduce the penalties by taking action no later than April 15th,” . «Read the rest of this article»

IRS says Protect Yourself from the Dirty Dozen Tax Scams

March 31, 2013 |

Washington, D.C. – The IRS’s annual ‘Dirty Dozen’ list includes common tax scams that often peak during the tax filing season. The IRS recommends that taxpayers be aware so they can protect themselves against claims that sound too good to be true.

Taxpayers who buy into illegal tax scams can end up facing significant penalties and interest and even criminal prosecution. «Read the rest of this article»

IRS Expands Law Enforcement Assistance Program on Identity Theft to 50 States

March 29, 2013 |

Victim Assistance and Criminal Investigations Grow

Washington, D.C. – The Internal Revenue Service today announced a nationwide expansion of the program designed to help law enforcement obtain tax return data vital to their local efforts in investigating and prosecuting specific cases of identity theft.

More than 1,560 waiver requests have been received since the Law Enforcement Assistance Program’s inception from over 100 state and local law enforcement agencies in the nine states participating in the pilot. The expansion covers all 50 states as well as the District of Columbia and will be effective Friday, March 29th, 2013. «Read the rest of this article»

IRS Seeks Tennessee Volunteers for Taxpayer Advocacy Panel

March 22, 2013 |

Nashville, TN – The Internal Revenue Service seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), which is a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS services.

The TAP provides a forum for taxpayers to raise concerns about IRS service and offer suggestions for improvement.  The TAP reports annually to the Secretary of the Treasury, the IRS Commissioner and the National Taxpayer Advocate. «Read the rest of this article»

There’s Still Time to Contribute to an IRA for 2012

By Frazier Allen | March 16, 2013 |

Clarksville, TN – There’s still time to make a regular IRA contribution for 2012! You have until your tax return due date (not including extensions) to contribute up to $5,000 for 2012 ($6,000 if you were age 50 by December 31st, 2012). For most taxpayers, the contribution deadline for 2012 is April 15th, 2013.

You can contribute to a traditional IRA, a Roth IRA, or both, as long as your total contributions don’t exceed the annual limit. You may also be able to contribute to an IRA for your spouse for 2012, even if your spouse didn’t have any 2012 income. «Read the rest of this article»

IRS Has Over $14 Million for Tennesseans Who Have Not Filed a 2009 Income Tax Return

March 15, 2013 |

Nashville, TN – Refunds totaling over $14 million may be waiting for an estimated 16,400 Tennessee taxpayers who did not file a federal income tax return for 2009, the Internal Revenue Service announced today. However, to collect the money, a return for 2009 must be filed with the IRS no later than Monday, April 15th, 2013.

The IRS estimates that half the potential refunds for 2009 are more than $550.00.

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