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Topic: U.S. Treasury

IRS reports $12.8 Million in refunds for Tennesseans who have not Filed 2010 Income Tax Return

 

Internal Revenue Service - IRSNashville, TN – Refunds totaling more than $12.8 million may be waiting for about 16,300 Tennesseans who did not file a federal income tax return for 2010, the Internal Revenue Service announced today. However, to collect the money, a return for 2010 must be filed with the IRS no later than April 15th, 2014.

Nationwide, almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a tax return for 2010.

For 2010 returns, the window closes on April 15th, 2014. The law requires that the return be properly addressed, mailed and postmarked by that date. «Read the rest of this article»

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IRS to be Closed May 24th, Four Other Days Due to Budget and Sequester

 

Filing and Payment Deadlines Unchanged

Internal Revenue Service - IRSWashington, D.C. – The Internal Revenue Service has announced additional details about the closures planned for May 24th, June 14th, July 5th, July 22nd and August 30th, 2013.

Due to the current budget situation, including the sequester, all IRS operations will be closed on those days.

This means that all IRS offices, including all toll-free hotlines, the Taxpayer Advocate Service and the agency’s nearly 400 taxpayer assistance centers nationwide, will be closed on those days. «Read the rest of this article»

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

 

Internal Revenue Service - IRSNashville, 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.

YouTube Preview Image «Read the rest of this article»

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Understanding “Sequestration”

 

F&M Investment Services - Raymond JamesClarksville, TN – If you like political drama, you’re in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, coming to theaters everywhere, is “sequestration.” Look for more political confrontation to unfold as sequestration gets under way.

What exactly is sequestration?

“Sequestration” refers to a series of automatic, across-the-board spending cuts to federal government agencies that are scheduled to take place in fiscal years 2013 through 2021. «Read the rest of this article»

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Tennessee Housing Development Agency’s Mortgage Payment Program Helps Thousands

 

Eligibility Broadened, Funding Increased

Tennessee Housing Development AgencyNashville, TN – A program that has helped thousands already is broadening its limits to make an even greater impact.

Tennessee Housing Development Agency (THDA) administers the federal foreclosure prevention program in Tennessee under the name Keep My Tennessee Home.  Answering simple questions at www.KeepMyTNHome.org establishes eligibility.  The program is designed for homeowners who have lost 30% or more of their income.

Over 2,400 Tennessee households have received financial assistance since the program began in January 2011. «Read the rest of this article»

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IRS Has $16.1 Million for Tennesseans Who Have Not Filed a 2008 Income Tax Return

 

Internal Revenue Service - IRSNashville, TN – Refunds totaling $16,130,000 may be waiting for about 18,400 Tennesseans who did not file a federal income tax return for 2008, the Internal Revenue Service announced today.

Nationwide, the IRS has over $1 billion for about 1 million people who haven’t filed for 2008 yet.

To collect the money, a return for 2008 must be filed with the IRS no later than Tuesday, April 17th, 2012. There is no penalty for filing a late return qualifying for a refund. «Read the rest of this article»

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THDA Offers Mortgage Payment Coverage

 

Income Reduction Eligibility Key

Tennessee Housing Development AgencyNashville, TN – Tennessee Housing Development Agency is able to make mortgage payments for eligible homeowners through the U.S. Treasury’s Hardest Hit Fund. Eligibility questions are available on the application portal: www.KeepMyTNHome.org.

The program is designed to help unemployed and substantially underemployed homeowners meet their mortgage obligations. Tennessee was allocated $217,315,593 million dollars for the program which is administered by states’ housing finance agencies. «Read the rest of this article»

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IRS Has $17 Million for Tennesseans Who Have Not Filed a 2007 Income Tax Return

 

Internal Revenue Service - IRSNashville, TN – Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people nationwide who did not file a federal income tax return for 2007, the Internal Revenue Service announced today.

In Tennessee alone, $17, 049,000 in refunds may be waiting for 17,200 people.

To collect the money, a return for 2007 must be filed with the IRS no later than Monday, April 18th, 2011. The IRS estimates that half of these potential 2007 refunds are $640.00 or more. In Tennessee, half of the refunds are $633.00 or more. «Read the rest of this article»

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