With the upcoming tax season, here are the tax changes for the 2020 tax season.
Scammers are targetting countless innocent taxpayers claiming to be the IRS.
First, these scammers attempt to impersonate IRS agents or organizations affiliated with the IRS, debt collectors, other government employees, and even the police. Once they get a hold of your personal information, they move onto another victim.
Here’s how to spot a fraudulent phone call and how to report it to the real IRS.
Get your to do list out and take some action to reduce your 2018 taxes now! Although taxpayers might be hurriedly finishing their 2017 tax returns before the e-file deadline, some tax deductions will not be there for the next tax season due to the Tax Cuts and Jobs Act. (TCJA) Ultimately, the design of the new tax reform is to lower taxes for individuals of all income groups until 2025. Bear in mind that along with that idea, many individuals who itemize their deductions are worried about the tax turmoil they’ll face when filing with each capped or eliminated deduction.
Did you know that can take steps in 2018 to decrease your taxes for next tax season? Here’s a few tax tips for you.
Our recent series of articles, on how an IRS audit of your Federal tax return is triggered, has now been completed. You may now peruse all three installments for a complete view of the audit risks you may be unaware of, the best practices to comply with IRS regulations, and methods to document your finances properly and prevent the IRS from casting undue suspicion on your tax return. Continue reading “The Dread Tax Audit: Triggers and Tips – Our series is now complete.”
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