Posts Tagged ‘IRS’
Legislation Introduced to Improve and Accelerate Processing of Tax Returns
While the use of e-filing has grown exponentially since its inception, millions of taxpayers choose to file their returns each year on paper. Bipartisan legislation that would greatly improve the processing of Internal Revenue Service (IRS) paper tax returns has been introduced. Today, U.S. Senators Tom Carper and Todd Young of Indiana unveiled the Barcode…
Read MoreFort Miles Corporation Granted Tax-Exempt Status
Federal Tax Deadline Is Monday; Del. Deadline This Year May 2nd; Marylanders Have Until July 15th To File
Federal personal income taxes are due on Monday.IRS officials urge you to file electronically – and use direct deposit.Delaware State taxes are not due until May 2nd. The normal deadline is April 30th, but that is a Saturday this year.Maryland State taxes were pushed back to July 15. The IRS provided the following information for…
Read MoreDel. Tax Season Begins; State Filing Deadline Is May 2nd
Tax season is underway in The First State. The Delaware Division of Revenue began processing 2021 individual income tax returns Monday. There was a delay due to programming that was required under state legislation that exempts Unemployment Insurance payments from Delaware Income Tax in 2021. Citizens are encouraged to file online at  de.gov/filetax or through…
Read MoreMd. Tax Filing Season Begins Mon.; State Deadline Extended Until July 15th
While the Maryland tax filing season is scheduled to begin Monday January 24th, for the third consecutive year the state filing deadline has been extended. Maryland State Comptroller Peter Franchot announced Wednesday that the filing and payment deadline for 2021 Maryland state individual income taxes has been extended by three months until July 15th. The…
Read MorePhotographer Kevin Fleming Sentenced For Tax Evasion
A well-known photographer has been sentenced to one year in federal prison for a guilty plea to federal tax evasion charges. 67-year-old Bruce Kevin Fleming of Milton, according to prosecutors, had not filed federal income tax returns or paid any such taxes since 1981. The charges on which he was indicted covered the years 2012-2016.…
Read MoreTax Extension Filing Deadline Is Today (Thursday)
If you filed for an extension of the tax deadline, today is the day to get your 2019 tax return filed.The IRS offers electronic filing options, including IRS Free File.Anything to be mailed must be postmarked by today.The usual April 15th deadline was extended to July 15th early in the pandemic.Taxpayers in Delaware and Maryland…
Read MoreIt’s Tax Day! Here’s What You Should Know:
Senator Carper joins colleagues pressuring Treasury Dept. to reverse Social Security tax filing stimulus decision
Social Security recipients will automatically receive direct cash assistance in the coronavirus stimulus package without having to file tax returns. The reversal comes after Delaware’s Senior U.S. Senator Tom Carper joined 40 of his colleagues demanding the decision be reversed following guidance that the IRS issued. Earlier this week, the Treasury Department stated that Social Security…
Read MoreSeaford Man Pleads Guilty to Tax Charge
A Seaford man has pleaded guilty to filing a false tax return for 2015 – and admitted to outstanding tax liabilities for 2013, 2014 and 2016. DOJ officials say 49 year old Lorne “Bob” Adams omitted about $165,000 in income – he has agreed to make over $112,000 in restitution to the IRS. Adams faces…
Read MoreDelaware Dept. of Labor mistake causes tax headache for businesses
A “transmission error” by the Delaware Department of Labor has created a tax headache for businesses statewide after the agency failed to report necessary information to the IRS. In 2016, the Delaware Department of Labor had an issue reporting to the IRS the total amount of taxes paid on the 941 Tax Forms. As a…
Read MorePhone & Internet Scams On the Rise
Scam artists are contacting residents on Delmarva trying to get you to give up your personal information. Recent scams include bogus calls from utility companies, the IRS and Social Security. Nearly all the scams include threats of arrest if you do not act immediately. Many want you to pay with re-loadable or gift cards or…
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