To collect, these taxpayers must file a 2012 federal return no later than this year’s April deadline.

How are you going to file?

The deadline for 2015 returns is April 18, 2016.

In most cases, the IRS has three years to audit after you file your tax return. If the IRS shows up after that, they may be too late. There are special rules, however, that can extend your audit purgatory.

If you should be named the Executor of an estate, you need to be aware that you could be held personally liable for any unpaid taxes of the deceased.

In Bobrow v. Commissioner (TC Memo 2014-21), the Tax Court ruled that the one-rollover-per-year rule applies to all of a taxpayer's IRAs rather than to each IRA separately. This ruling conflicts with IRS Publication 590 which gives the following example: