The Internal Revenue Service has released updated information on the First-Time Homebuyer Credit and the tax refund problems encountered by some married taxpayers. Last week, the IRS sent an alert to ...

The Internal Revenue Service has recommended new procedures to electronic filers when e-filing for a repayment of the First-Time Homebuyer Credit. In an e-mail alert on Friday to software developers, ...

besides form 5405, is there any other IRS form that needs to go in with an amendment? Answer: Diane - There are additional documents that need to be sent in along with the 5405. The requirements ...

The IRS started accepting e-filed tax returns on Jan. 15, marking the official start of tax season. The IRS’ popular Free File program also started accepting returns on Friday. However, as usual, W-2 ...

WASHINGTON ? The Internal Revenue Service announced that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for ...

On Wednesday, the IRS announced that it is having problems processing tax returns that involve repayment of the IRC § 36 first-time homebuyer credit for 2008 home purchases. The IRS stated that it has ...