IRS Recommends Taxpayers Plan Now to Make Tax Filing Easier In 2022
According to a recent IRS news release, taxpayers who received stimulus payments or advance Child Tax Credit payments, should take steps now to make...
A new tax identity theft scam has popped up in 2018. The IRS is alerting taxpayers of this new refund scam where criminals are having incorrect refunds deposited into a taxpayers' bank account and then trying to get the refunds back. They are accomplishing this by:
They will then direct them to send the money to the scammers and not the IRS, threatening police action if they do not comply immediately. If you become a victim of this scam, contact your tax preparer and financial institution immediately. Then follow the procedures outlined by the IRS in Tax Topic Number 161 – Returning Erroneous Refunds, which can be found on the IRS’s web site, www.irs.gov/taxtopics/tc161. Contact us at 1-866-287-9604 for more information.
Posted by Chris Hatcher, CPA/CFF, CFE, CVA, CGMA
According to a recent IRS news release, taxpayers who received stimulus payments or advance Child Tax Credit payments, should take steps now to make...
Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted...
Getting a letter from IRS or State Department of Revenue could be alarming for all of us. However, it doesn’t always have to be as unnerving as it...