IRS Warns Taxpayers To Be Diligent As Identity Thieves Add New Twist To Phone Scam

If your phone is still ringing with tax scams and IRS impersonations, you’re not alone. J. Russell George, the Inspector General, has referred to these ongoing schemes as “the largest scam of its kind that we have ever seen.” As IRS and TIGTA try to combat the growing problem of identity theft and tax scams, the fraudsters are hoping to stay a few steps ahead. They’re switching up their schemes in an effort to not get caught. Have you read about their latest efforts?

Taxpayers Freaking Out Over Hoax Claiming 2015 IRS Refunds Already Delayed

Earlier this week, a panicked reader shot me the link to an article with this headline: 2014 Federal Tax Refunds To Be Delayed Until October 15. I glanced at the article on my phone and fired off a quick inquiry to the media department at Internal Revenue Service (IRS) questioning whether it was true. A few minutes later, I sent IRS an apologetic “Doh!” Once I had the chance to sit down at my laptop and read through the piece, it was clear that it was a hoax. I really should have known better. The headline about Gov. Perry suspending …

IRS Filing Deadline For Tax-Exempt Organizations A Few Days Away

While most taxpayers – including for profit corporations – have already filed their tax return (or extension) for the year, it’s still filing season for many tax-exempt organizations. There are just a few days left for those organizations to comply: for most tax-exempt organizations, the key date is May 15. May 15 is the filing deadline for calendar year tax-exempt organizations (most tax-exempt organizations are on a regular calendar tax year). Those tax-exempt organizations which observe a different tax year end have until the 15th day of the fifth month following the close of their alternate tax year to file. …