You may think we harp on you a lot about protecting yourself against identity theft and tax scams. You are right…! But we do it because having your identity stolen becomes a financial nightmare, sometimes taking years to straighten out. Identity thieves, aka scammers, are clever and relentless. They are always coming up with new …
Taxes
Congress Passes Last Minute Tax Changes
Congress, at almost the last minute, has passed a large number of tax changes, including retirement plan issues that will become effective in 2020. In addition, they’ve passed extensions through 2020 of a number of tax provisions that had expired or were about to end. The list of changes is long, so we included only …
How Can I Prove Financial Hardship To The IRS If I Can’t Pay My Taxes?
As tax season draws near, you may be concerned that you can’t pay your tax bill. Remember, you have until April 15 to pay your tax bill in full once you learn how much you owe. If your financial situation is more dire than that, you have some time to explore your options. There are …
How Can I Prove Financial Hardship To The IRS If I Can’t Pay My Taxes?Read More
Watch Out For Those Fake IRS Letters
Every year, the vast majority of taxpayers file their returns with the IRS between the end of January and the April due date. However, the IRS does not just take taxpayers’ word regarding the information on their returns. For this reason, tax season is followed by “matching season,” when the IRS attempts to match the …
