NEWS BYTES
May 2000

Editor: Scott Gottlieb, CPA
Assistant editor: Susan A. Maffetone, CPA

What Happened to the IRS this Tax Season?
It has become very tech 2000.

Nearly 23.8 million computer-filed tax returns were received by the Internal Revenue Department two weeks before filing deadline surpassing the 23.6 million for all of last year.

Did you know you could also use your charge card for payment by calling 1-888-2PAY-TAX.

The IRS release IR-2000-21 also explains how you can request an extension by sending Form 4868. Remember a filing extension does not give you more time to pay any taxes owed. You still need to estimate your total tax liability based on available information. If the IRS finds this to be unreasonable, your extension will be null and void.

To keep abreast of what's happening at the IRS visit their web site at IRS

 

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