IRS Has $17 Million for Tennessee Taxpayers Who Have Not Filed a 2012 Tax Return

Atlanta, GA – Refunds totaling $950 million may be waiting for an estimated one million taxpayers in the nation who did not file a federal income tax return for 2012. In Tennessee, over $17 million in unclaimed refunds awaits 19,700 individuals. However, to collect the money, a return for 2012 must be filed with the IRS no later than Monday, April 18th 2016.

“Time is running out if you want to get your refund,” said IRS Spokesman Mark Green. “Taxpayers should review their 2012 statements for refundable credits and withholdings. We want all taxpayers to get the refund they’re due.”

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IRS releases Dirty Dozen Tax Scams List for 2014

Washington, D.C. – Every year, people fall prey to tax scams. The IRS wants you to be safe and informed – and not become a victim.

“Some people are victimized by tax scams, while some get involved after being lured in by false promises of big money,” said IRS spokesman Dan Boone.

Taxpayers who get involved in illegal tax scams can lose their money, or face stiff penalties, interest and even criminal prosecution. Remember, if it sounds too good to be true, it probably is. [Read more]

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

Nashville, 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 more]

IRS Kicks Off 2012 Tax Season with Deadline Extended to April 17th

Washington, D.C. – The Internal Revenue Service today opened the 2012 tax filing season by announcing that taxpayers have until April 17th to file their tax returns. The IRS encourages taxpayers to e-file as it is the best way to ensure accurate tax returns and get faster refunds.

The IRS also announced a number of improvements to help make this tax season easy for taxpayers. This includes new navigation features and helpful information on IRS.gov and a new pilot to allow taxpayers to use interactive video to get help with tax issues. [Read more]

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

Nashville, 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 more]

IRS Launches the IRS2Go App for iPhone, Android

Taxpayers Can Check Refunds, Get Tax Information

Washington, D.C. – The Internal Revenue Service today unveiled IRS2Go, its first smartphone application that lets taxpayers check on their status of their tax refund and obtain helpful tax information.

“This new smart phone app reflects our commitment to modernizing the agency and engaging taxpayers where they want when they want it,” said IRS Commissioner Doug Shulman. “As technology evolves and younger taxpayers get their information in new ways, we will keep innovating to make it easy for all taxpayers to access helpful information.”

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IRS Kicks Off 2011 Tax Season with Deadline Extended to April 18th

Taxpayers Impacted by Recent Tax Breaks Can File Starting in Mid- to Late February

Washington, D.C. – The Internal Revenue Service today opened the 2011 tax filing season by announcing that taxpayers have until April 18th to file their tax returns. The IRS reminded taxpayers impacted by recent tax law changes that using e-file is the best way to ensure accurate tax returns and get faster refunds.

Taxpayers will have until Monday, April 18th to file their 2010 tax returns and pay any tax due because Emancipation Day, a holiday observed in the District of Columbia, falls this year on Friday, April 15th. By law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have three extra days to file this year. Taxpayers requesting an extension will have until October 17th to file their 2010 tax returns. [Read more]

Affordable Care Act provides expanded Tax Benefit to Health Professionals working in Underserved Areas

Some Who Received Student Loan Relief May Qualify for Tax Refunds

Washington, DC – As part of a larger Administration announcement today on efforts to strengthen the health care workforce, the Internal Revenue Service announced today that under the Affordable Care Act, health care professionals who received student loan relief under state programs that reward those who work in underserved communities may qualify for refunds on their 2009 federal income tax returns as well as an annual tax cut going forward.

“Doctors and nurses who choose to practice in underserved areas make a great contribution to their local communities,” Commissioner Doug Shulman said. “By expanding the tax exclusion for student loan forgiveness, the Affordable Care Act provides an even greater incentive to practice medicine in areas that need it most.”

The Affordable Care Act included a change in the law, effective in 2009, that expands a tax exclusion for amounts received by health professionals under loan repayment and forgiveness programs. Prior to the new law, only amounts received under the National Health Service Corps Loan Repayment Program or certain state loan repayment programs eligible for funding under the Public Health Service Act qualified for a tax exclusion. [Read more]