Point and Click for a Trouble-Free Tax Season

Need a tax form? Have a question about changes to tax law? Want to find the nearest IRS taxpayer assistance center? Now anyone with a personal computer and Internet access can point and click their way to trouble-free tax filing at www.irs.gov.

The IRS Web site offers a wealth of resources for making tax time, well, a little less taxing. A user-friendly format allows even novice Web surfers to quickly find the information they need. With the help of the site's interactive features, you can calculate proper withholding amounts, learn if the interest you pay is fully deductible or determine whether you're eligible to claim the child and dependent care credit.

The site also provides instructions for obtaining copies of prior-year tax returns and has a handy tax event calendar. You can even get help with a particular tax question.

Millions of taxpayers visited the IRS site in 2001, downloading nearly 300 million forms, publications and a variety of topic-oriented tax information. With the click of a mouse you can access:

  • tax forms, instructions, and publications
  • the latest tax information and tax law changes
  • tax tables and rate schedules
  • Publication 17, "Your Federal Income Tax"
  • all TeleTax topics
  • answers to the most frequently asked tax questions
  • a library of tax regulations
  • the weekly Internal Revenue Bulletin, which contains
  • all the latest revenue rulings, revenue procedures, notices, announcements, proposed regulations and final regulations

In addition, the IRS Web site offers information on the many benefits of electronic filing. More than 40 million taxpayers e-filed their returns in 2001. They learned that e-file is accurate, convenient and cuts the waiting time for refunds.


This daily Tax Tip has been provided by the Internal Revenue Service.

You may like these other stories...

Tax accounting to be simplified for money-market fundsThe US Securities and Exchange Commission (SEC) voted 3-2 on Wednesday for sweeping changes to institutional money-market funds, Emily Chasan, senior editor of...
By Cathy Stopyra and Todd SimmensUnderpayment interest, refund interest, and penalties charged to businesses are just a few of the considerations the IRS calculates when determining taxation for a given company. Though...
FASB mulling a revamped income statementDavid M. Katz of CFO wrote on Tuesday that the Financial Accounting Standards Board (FASB) is in the early stages of researching whether to launch a project aimed at improving and...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.