by [email protected] | Apr 9, 2025 | Taxes
Tax season has arrived along with scams aiming to steal your identity. The latest scam targets Electronic Filing Identification Numbers or EFINs, the IRS warned. Tax professionals and their clients are particularly at risk, the IRS said. By stealing client data and...
by [email protected] | Apr 9, 2025 | Taxes
If someone else is preparing your taxes this year, the IRS has a warning about a new tax scam. “Ghost preparers” are promising higher refunds by faking information on tax returns, refusing to sign them, and leaving taxpayers responsible. Read More Original...
by [email protected] | Apr 9, 2025 | Taxes
While your personal taxes can be fairly simple to someone who has some basic knowledge and experience, business taxes are on a whole other level. Even the most straightforward ones are going to be significantly more complicated than personal taxes. A tax preparer and...
by [email protected] | Apr 9, 2025 | Taxes
The $1.9 trillion American Rescue Plan has inadvertently created a conundrum for the unemployed this tax season. The pandemic aid measure, which passed the Senate on Saturday, offers $1,400 stimulus checks and waives federal taxes on a portion of unemployment benefits...
by [email protected] | Apr 9, 2025 | Taxes
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the...
