Taxpayers still aren’t rushing to file: that’s the initial takeaway from a second set of statistics released by the Internal Revenue Service (IRS). Tax season opened on time on
Read MoreYear: 2020
IRS Names Erin Collins As New National Taxpayer Advocate
The U.S. Treasury Department and Internal Revenue Service (IRS) have announced the appointment of Erin M. Collins to serve as the National Taxpayer Advocate (NTA). Collins previously
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ID Thieves Are Emailing Fake Tax Forms To Taxpayers
Don’t be fooled: it’s not just Social Security Administration (SSA) scams making the rounds. Tax scam emails are flying fast and furious as well. I’ve gotten a
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Scammers & Robocallers Dial-Up ID Theft Efforts
Yesterday, I received a slightly garbled voice mail advising me that I had a serious delinquency that needed to be resolved. I was told to
Read MoreIRS Clarifies Treatment Of Fortnite & Gaming Currencies On Your Taxes
Gamers (and their parents) can finally breathe a sigh of relief: Fortnite virtual currency is not taxable. If you’ve seen headlines suggesting that it is
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Lawmakers Worry That Women Will Buy Too Many Sanitary Products If Tax-Exempt
Many states across the country typically host a “sales tax holiday,” which exempts certain items from sales tax, usually once a year. In Tennessee, the 3-day summer
Read MoreIdentity Thieves Targeted Students & The Dead In Tax Refund Fraud Scheme
Two Florida men will spend time in federal prison for their roles in a stolen identity and tax refund fraud scheme. The men took thousands
Read MoreEarly IRS Statistics Suggest Taxpayers Aren’t Rushing To File Their Taxes
If you thought that last tax season got off to a sluggish start, you might be surprised at this year’s numbers. Though the Internal Revenue
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Study Suggests That Raising E-Cigarette Taxes Could Encourage Traditional Smoking
Sin taxes are excise taxes imposed on goods or behaviors – like booze and cigarettes – that lawmakers deem harmful. In addition to raising revenue,
Read MoreIRS Seeking Volunteers For Taxpayer Advocacy Panel
Taxpayers are often quick to complain about customer service issues. Now, the Taxpayer Advocacy Panel (TAP) is seeking volunteers who are willing to help the
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