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[27 Jan 2017 | Comments Off on The Taxpayer Bill of Rights, by: Cynthia Collins, EA, Precisely Right Accounting | ]

2016 comes to a close and the New Year approaches, it’s time once again to prepare for filing your annual income tax return. Did you know that the Internal Revenue Service adopted a Taxpayer Bill of Rights?
1. The Right to be Informed!
Taxpayers have the right to know what they need to do to comply with the tax laws. They are entitled to clear explanations of the laws and IRS procedures in all tax forms, instructions, publications, notices, and correspondence. You, as the taxpayer, have the right to be informed of …