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Tax Tip of the Week | No. 304 | No Surprise, IRS Service Levels Decline
The number of taxpayer phone calls answered by the IRS dropped significantly during this tax season and call wait times were up, according to an interim report issued by the Treasury Inspector General for Tax Administration (TIGTA). TIGTA found that the IRS’s level of service (defined as the number of calls in the IRS’s toll-free assistance queue that are answered) dropped to 38.5%, compared with 74.7% last tax season.
Who is a child in the eyes of the IRS? Tax Tip of the Week
Everyone knows a child when they see one. Right? Not so fast.... Let's look at how the IRS has recently clarified the definition of a Qualifying Child?
Avoid an under-payment penalty - Tax Tip of the Week
If you owe more than $1,000 on your federal tax return; $500 on your Ohio tax return; or $100 on your city tax return, you will be hit with an under payment penalty.
Do not open: IRS emails - Tax Tip of the Week
Do not open: IRS emails - Tax Tip of the Week. The IRS has issued numerous press releases advising taxpayers that they will never initiate contact via email.