Except for tax protesters, no one wants to fight with the IRS. But exactly how do you avoid it? You can file timely tax returns and pay your taxes on time, but there’s always the risk of an audit. There are numerous theories for what-triggers-an-audit. Even so, there are some basic things you can do to reduce…
WASHINGTON — The Internal Revenue Service today warned taxpayers about groups masquerading as charitable organizations to attract donations from unsuspecting contributors, one of the “Dirty Dozen” Tax Scams for the 2017 filing season. “Fake charities set up by scam artists to steal your money or personal information are a recurring problem,” said IRS Commissioner John…
(ANALYSIS) — As emotions intensify over Trump’s recent immigration ban, the State Department and IRS have quietly used it as a smokescreen to roll out a new policy that targets U.S. citizens for unpaid taxes. The passports of these individuals can now be revoked and their citizenship status undermined at the behest of one of…
Tax Refund Schedule 2017 Tax season is here. While many taxpayers like to wait until the last minute to file their tax returns, there are also benefits to filing your taxes early. In this article, we are going to take a look at the IRS tax refund schedule for 2017 and some of the frequently…
WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season. The vast majority of tax professionals provide honest, high-quality service. But there are some dishonest preparers who set up shop each filing season to…
These days, you probably want to file your taxes as early as possible to prevent identity thieves from filing a false return in your name — but that requires you to have the necessary forms in hand, including W-2 forms. The W-2 form is one of the most critical tax forms, since it is the…
Last week, the Internal Revenue Service (IRS) issued a new warning to employers, urging them to stay alert as reports of compromised W-2 records started to climb. This newest advisory aligns with the agency’s plan to delay refunds for those filing their returns early in order to combat identity theft and fraud. The IRS also…
Tax filing season is underway, but people who file early and claim certain tax credits might wait longer for their refunds this year. This is thanks to new IRS efforts to crack down on fraud. The change could affect millions of households, especially those with children. If yours is among them, here are a few tips…
WASHINGTON — The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2 scammers are…
WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, headlining the annual “Dirty Dozen” list of tax scams for the 2017 filing season, the Internal Revenue Service announced today. During filing season, the IRS generally sees a surge in scam phone calls that threaten police arrest,…