The IRS May be Looking For You...| Tax Tip of the Week | No. 70

And they want to give you money!According to a recent IRS news release, “the Service is seeking to return $164.6 million in undeliverable refund checks to taxpayers."  "A total of 111,893 taxpayers are due one or more refund checks that could not be delivered because of mailing address errors.”A taxpayer only needs to update his or her address once for the IRS to send out all refund checks due.Taxpayers can generally update their addresses with the “Where’s my Refund” tool on the IRS web site.The easiest way for taxpayers to avoid this problem in the future is to e-file their returns and have refunds directly deposited into their checking/savings accounts.The IRS also reminds the public that they DO NOT contact taxpayers by e-mail to alert them of pending refunds.  There are many fraudulent enterprises on the internet that try to steal your identity or infect your computer with official looking e-mails.  Never provide personal information to any such e-mails you receive.  Better yet, don’t even open them.If you or anyone you know has not received an anticipated (or forgotten) refund, this Tax Tip might make your holiday shopping a little easier.As always, give us a call…We'll keep you posted.You can contact us in Dayton at 937-436-3133 and in Xenia at 937-372-3504.  Or visit our website.Rick Prewitt - the guy behind TTW...until next week.

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Here is a Year-end Tip Worth Repeating | Tax Tip of the Week | No. 71

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New IRS Ruling for Homeowners with Corrosive Drywall | Tax Tip of the Week | No. 69