Tuesday, September 02, 2008

IRS IT Woes

As the summer comes to a close, many taxpayers are looking forward to taking that last summer vacation trip to wrap up the warm months. Earlier in the year the IRS made an attempt to provide taxpayers with a little bump of income to help stimulate the economy and maybe even pay for their summer vacations. Well unfortunately as some received their stimulus checks, the price of gas (among other things) increased. For those of you that did not receive your stimulus check, the reason may be blamed on the IRS.

A recent report by the Treasury Inspector General for Tax Administration indicated that the IRS may need to revise their software code to reduce the delays in reissuing undeliverable checks to taxpayers. Not all the blame can be put on the IRS however. If a taxpayer has changed their address it is important to fill out Form 8822 to ensure that your stimulus (and refund) checks make it to you on time.

Keeping Your Business N Synergy
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