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by Scott Estill
Tax This! An Insider's Guide to Standing Up to the IRS, is just that. It provides the insight of an insider that will help you stand up to the IRS in any situation. Little known facts and difficult to conceive strategies are revealed that will help any target of the IRS deal effectively with them or help prevent you from becoming their target.
Author Scott Estill discloses all the rights, which are many, that citizens have when confronted with a problem involving the IRS. He gives an insider's look at the culture, attitudes, and seemingly out of control bureaucracy that prevails inside the IRS and prepares you to deal with the IRS at that level also. His information is backed up by references to the Internal Revenue Code, Congressional Law, and established judicial decisions.
Tax This also provides clear examples of completed IRS forms, which are many and varied. Overall, this is an informative, easy read for someone like me with little knowledge of the IRS. It will hold your interest even if the IRS isn't breathing down your neck and may be invaluable if they are.
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Ask a Tax Question - Unclaimed IRS Checks -
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Does IRS have a Refund or Stimulus Check for you
The Internal Revenue Service is trying to find 279,000 recipients for more than $163 million in undelivered economic stimulus payments, according to the government. The average undelivered check is worth about $583.
Most undelivered stimulus payments had incorrect or incomplete addresses, according to the IRS. By law, the agency can't send out any more economic stimulus checks after Dec. 31 of this year.
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However, "if you don't by chance make the deadline, and get your economic stimulus check in time, you can get it as a credit [a recovery rebate credit] on your 2008 tax return," said an IRS spokesman.
Last year 115,478 IRS income tax refund checks totaling $110 million -- an average of about $953 per taxpayer -- undelivered mainly due to unreported changes of name and/or address, typically after a move, marriage, death or divorce. In addition, each year an estimated $500,000,000 million in IRS refund checks that are delivered are not cashed and go unpaid every year.
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Special tax programs are another source of unclaimed funds. Millions of dollars in 2008 Economic Stimulus Payments will go unclaimed. These special refunds of $600 or more were sent out starting in mid May.
Taxpayers must request reissue if a tax refund check has been lost, destroyed or voided due to the passage of time -- US Treasury checks are generally negotiable one year from the date of issue. Because the funds are held by an agency of the U.S. Federal government, your name will not appear in a state unclaimed property database search.
"People across the country are missing tax refunds and stimulus checks. We want to get this money into the hands of taxpayers where it belongs," said IRS Commissioner Doug Shulman in a statement in October.
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Index of Articles about Ask a Tax Question - Unclaimed IRS Checks
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