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  2. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  3. Internal Revenue Code section 1031 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Under Section 1031 of the United States Internal Revenue Code ( 26 U.S.C. § 1031 ), a taxpayer may defer recognition of capital gains and related federal income tax liability on the exchange of certain types of property, a process known as a 1031 exchange. In 1979, this treatment was expanded by the courts to include non-simultaneous sale and ...

  4. Offer in compromise - Wikipedia

    en.wikipedia.org/wiki/Offer_in_compromise

    Offer in compromise. The Offer in Compromise (OIC) program, in the United States, is an Internal Revenue Service (IRS) program under 26 U.S.C. § 7122, which allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less than the total owed to clear the debt. A taxpayer uses the checklist in the Form 656, OIC ...

  5. Internal Revenue Service - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Service

    The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...

  6. The IRS 'dirty dozen' tax scams - AOL

    www.aol.com/news/2008-03-25-the-irs-dirty-dozen...

    The Internal Revenue Service has released its 2008 list of the 12 scammiest tax scams, with internet phishing and frivolous tax arguments topping the list. The IRS puts this list together each ...

  7. IRS audits of big corporations drop to 20-year low - AOL

    www.aol.com/2008/04/14/irs-audits-of-big...

    It's difficult to know where to begin in responding to this item. While taxpayers fret over whether they can take a deduction for their home office, fearing that such a move could trigger an audit ...

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