Taxes Information

Tax Trap #5 -- Ignoring The IRS (and the 5 best ways to contact them!)


We all love to criticize the IRS, don't we? And I'm just as guilty as anyone. It's easy to ridicule a huge organization of government bureaucrats who often seem to be Public Enemy #1.

Our negative attitude toward the IRS can lead to a strong desire to just ignore it altogether. But self-employed people who ignore the IRS do so at their own peril.

So when it comes to providing free information about taxes, let's not throw the baby out with the bath water. The IRS does provide some excellent resources to help us make the best of a potentially bad situation.

If you need tax assistance and prefer not to pay for it, do not overlook these five ways to obtain help from the IRS:

1. The Internet

http://www.irs.gov

There's a wealth of information just for small business owners and self-employed people at: http://www.irs.gov/smallbiz

Here you'll find everything from how to obtain a federal business tax ID to a free 6-session streaming video presentation of the "IRS Small Business Workshop." Also known as the Small Business Self-Employed Online Classroom, you can access this directly at: www.irs.gov/businesses/small/article/0,,id=97726,00.html

If you prefer to attend an IRS small business workshop in person, check here to see what's available in your state: www.irs.gov/businesses/small/article/0,,id=99202,00.html

Need tax forms and/or their instructions? Look no further than the IRS website: http://www.irs.gov/formspubs/index.html

Here you'll find a boatload of links to every tax form imaginable, available as downloadable PDF files or in fill-in format. All form instructions can also be downloaded.

http://www.irs.gov/formspubs/lists/0,,id=97817,00.html

The IRS has many free publications that explain virtually every major (and many minor) tax topics in great detail. Sure, IRS "pubs" are not always written in the most entertaining style, but, hey, remember the price. http://www.irs.gov/formspubs/lists/0,,id=97819,00.html

2. Telephone Hotlines.

Special toll-free numbers exist for the following:

-- To order forms & pubs: 800-829-3676 (in case you'd like to receive a paper copy via snail-mail)

-- To ask business tax questions: 800-829-4933

-- To ask personal tax questions: 800-829-1040 Use common sense when phoning the IRS: to avoid long wait times, don't call on Monday morning. And no matter when you call, be prepared! Write out your questions beforehand and have all relevant documentation in front of you, as well as a favorite book or magazine to read during the inevitable wait time. Stay calm; don't yell; treat the IRS employee like a human being and he/she will likely return the favor.

-- Need help with long-standing problems: 877-777-4778

-- Prerecorded messages on 140 topics: 800-829-4477

3. TaxFax Service.

You can receive most IRS forms instructions via fax by calling 703-368-9694 from your fax machine.

4. CD-ROM for Small Business.

This is known as "The Small Business Resource Guide CD-ROM", aka Publication 3207. It includes all the tax forms and publications needed to run a small business. Call 800-829-3676 to request a free copy.

5. Walk-In Offices.

Need some face-to-face tax help? For a complete list of IRS offices in all 50 states, including hours of operation and contact info, check out: http://www.irs.gov/localcontacts

Wayne M. Davies is author of 3 tax-slashing eBooks for the self-employed, available separately or as a 3-volume set, "The Ultimate Small Business Tax Reduction Guide". http://www.YouSaveOnTaxes.com/ultimate-guide

To get your free copy of Wayne's 25-page report, "How To Instantly Double Your Deductions" visit: http://www.YouSaveOnTaxes.com


MORE RESOURCES:

Cake Financial Launches Investor Quick Check; Free Report Offers ...
MarketWatch - 2 hours ago
How do I compare to investing benchmarks? Can I do more with my investments? by providing the following information: -- What kind of investor am I? ...


State puts restrictions on Sunwest investing
Statesman Journal, OR - 4 hours ago
By Michael Rose • Statesman Journal Sunwest Management will have to make changes in how it raises money from Oregon investors under a state consent order. ...


RTE.ie

Ireland Mulls Investing in Banks
Briefing.com, CA - 2 hours ago
Like many developing economies, Ireland attracted substantial foreign investment in previous years. With capital entering the markets, banks had plenty to ...
UPDATE 2-Ireland says looking at all options on banks Forbes
Government in talks over foreign cash injection for banks Irish Times
Ireland poised to launch bank rescue plan: report Reuters
Irish Independent - Irish Independent
all 165 news articles


BBC News

Global Investing Roundups
Money Morning - 8 hours ago
Hewlett-Packard Co. (HPQ), the world’s largest maker of personal computers, offered a preview of its fiscal fourth-quarter profits – reporting that it will ...
Closing Bell: Was that a win or loss? BUD is no more; GLW, FSLR ... BloggingStocks
This Bud is gone for $52 million Virginia Gazette
all 570 news articles


Health Evolution Partners Expands Growth Fund Investing
MarketWatch - Nov 18, 2008
"Our investment team covers the key sectors, stages and geographies of the health care industry," said Brailer. "They have lived the challenges and ...


Commercial Real Estate Investing Is About the Bust, Not the Boom ...
PR Web (press release), WA - 7 hours ago
In his new Trump University book, "Commercial Real Estate Investing 101", he explains why most beginning investors fail. New York, NY (PRWEB) November 19, ...


Where Greek Mythology Meets Modern Investing
Motley Fool - 18 hours ago
By Christopher Barker Upon Ulysses' epic return to Ithaca from the Trojan War, he found that the journey had meant more to him than the destination. ...


Baskin paints brighter investing picture
TheChronicleHerald.ca, Canada - 5 hours ago
PEOPLE don’t want to own stocks at the moment, says investment expert David Baskin. They’re scared and they don’t know what’s going to happen next. ...


Investing in Africa media is profitable
Joy Online, Ghana - 3 hours ago
... banks and national, regional and international organizations to recognize the African media industries as profitable investment opportunities. ...


Finding Investing Opportunities Using Obamanomics
istockAnalyst.com (press release), OR - 14 hours ago
1. Deficit Spending. Obama has explicitly stated that deficit spending should not be a concern over the past two years. Obama's words: "The consensus is ...

Investing - Google News

home | site map
© 2006