WASHINGTON — The Internal Revenue Service today warned taxpayers to be alert to unscrupulous tax return preparers touting inflated tax refunds. This scam remains on the annual list of tax scams known as the “Dirty Dozen” for 2017. “Exercise caution when a return preparer promises an extremely large refund or one based on credits or…
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SAN FRANCISCO — The workers of Silicon Valley make unlikely revolutionaries. As a group, they are relatively wealthy, well educated and well connected. While most here supported Hillary Clinton, tech workers are not the most obvious targets of President Trump’s policy ideas. Many who populate the world’s richest tech companies will be just fine if…
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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…
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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…
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(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…
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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…
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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…
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WASHINGTON — President Trump’s executive order on immigration has prompted a constitutional showdown that could leave a mark on the law for generations and seems likely to end in a landmark Supreme Court decision. A ruling by the court on Mr. Trump’s travel ban on seven predominantly Muslim countries could help answer some crucial legal…
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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…
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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…
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