Six Ways To Beat Income Tax Scams

If it’s January, it must be income-tax preparation season. Oh joy. As one who’s been the victim of a tax scam, I’m doing my homework to avoid problems. Thieves are stealing tax information and filing for fake refunds year round. It’s a big business and they are constantly trying to plunder your tax records. It’s…

Congress to limit powers of SEC, CFTC, and IRS

Investing.com — Congressional Republicans are moving forward with a landmark regulatory reform that would strip federal government agencies of their most powerful tool — the power to broadly interpret federal laws. The new U.S. Congress was sworn in yesterday afternoon, a few weeks before President-elect Donald Trump takes power. Though repeal of Obamacare has grabbed…

2017 tax filing season begins on Jan. 23

WASHINGTON – The Internal Revenue Service has announced that the nation’s tax season will begin Monday, Jan. 23, 2017, and reminded taxpayers claiming certain tax credits to expect a longer wait for refunds. The IRS will begin accepting electronic tax returns that day, with more than 153 million individual tax returns expected to be filed…