February 5, 2013 3:38 pm

IRS on Tumblr

Twitter. YouTube. Now you can add Tumblr to the list of social media sites where you can find the IRS. Here you can view videos, podcasts, and more about taxes from the IRS.

The IRS expects to share information on such topics as late tax law changes, the earned income tax credit, and Free File. Currently, you’ll find information posted about more relief for certain New Jersey and New York victims of Hurricane Sandy. Find the IRS here (http://internalrevenueservice.tumblr.com/).

Source: IR-2013-13

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Tax Glossary

Carryback

A tax technique for receiving a refund of back taxes by applying a deduction or credit from a current tax year to a prior tax year. For example, a business net operating loss may be carried back for two years.

More terms