IRS tries harder to "get the word out" about stimulus checks

I am so sick of hearing about the economic stimulus checks, also dubbed tax rebate checks. Our government has been doing its level best to spend many billions of dollars on this endeavor. In addition to the $150 billion or more that is projected to be sent out, the IRS spent millions to send out letters to everyone and create advertisements about the program. They wanted to make sure that no one missed out on their check.

Does it come as any surprise that some people still haven't filed a 2007 tax return, and therefore haven't gotten a check? That's the biggest catch. You have to file (even if you have no income) in order to cash in.

The IRS is so worried about all these people who didn't file their returns even though the IRS thinks they would be eligible for a check. And they want to spend more taxpayer money sending another letter to those people. Honestly, who in this country hasn't heard about the checks and how you get one? They literally must never watch television, listen to the radio, open a newspaper, or have any contact with civilization.

Those who don't know yet that they could get a check deserve to not get one. Stay informed, or miss out, I say. If they didn't get the hint from that first letter they got, why waste more money to send out a second letter?

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

The 10 Most Overlooked Tax Deductions

Don't overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more money in your pocket.

Read More

Brought to you by TurboTax.com

How to Find a Good CPA for Your Taxes

Finding a good CPA for your taxes is simple with these seven tips: 1. Ask about their specialization; 2. Verify their identification number, 3. Look up their license, 4. Consider their experience, 5. Confirm their willingness to sign, 6. Ask for advice, and 7. Determine their fees.

Read More

Brought to you by TurboTax.com

Reporting Self-Employment Business Income and Deductions

Self-employed taxpayers report their business income and expenses on Schedule C. TurboTax can help make the job easier.

Read More

Brought to you by TurboTax.com

2018 Tax Reform Impact: What You Should Know

Congress has passed the largest piece of tax reform legislation in more than three decades. The bill went into place on January 1, 2018, which means that it will affect the taxes of most taxpayers for the 2018 tax year.

Read More

Brought to you by TurboTax.com
Read Full Story
Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.