Tax season is in full swing. ForumDaily, based on the official information of the US Internal Revenue Service (IRS), tells how to protect yourself from scammers. The IRS identifies the following major tax violations: Intentional understatement or concealment of income. Overestimation of deductions from the tax base. Double-entry bookkeeping. Entering false ...
The Internal Revenue Service (IRS) is mailing out "probably thousands" of threatening letters warning taxpayers that their property will be seized for unpaid taxes - even though the government has already received its money, the New York Post has learned. A scary situation...
Depending on your situation, you may be receiving income that the IRS wants to know about. And if you are a regular online seller, keep in mind that after this year it may become harder to avoid income reporting requirements. ...
Since the IRS began sending out $ 1400 in aid checks this month, the due date has raised concerns among many as they struggle to make ends meet in a coronavirus-weakened economy. Writes about this ...
The longest shutdown in US history has created problems for taxpayers due to a lack of personnel and chaos in the Internal Revenue Service (IRS). This is stated in a report by Nina Olson, head of Taypayer's Attorney Service (a government agency that helps taxpayers solve their problems ...
In the United States, the tax filing season has begun. Time.com has collected important information for those who are going to report to the tax office this year. Don't delay filing the tax return The earlier you get started with your tax return, the better. Many accountants may be ...
April 17 is the deadline for paying taxes in 2018. The first experience of communicating with representatives of the tax administration (IRS) can be very painful if the tax specialist, or preparer, is selected incorrectly. ForumDaily has collected 9 “red flags” - signs that the services...
The IRS is asking people who were hit by the devastating hurricanes last year (Harvey, Irma, and Maria) to find out if they are eligible for an Income Tax Credit (EITC). According to the IRS, many taxpayers whose income declined in 2017 ...
According to the latest figures from the US Internal Revenue Service (IRS), tax debts can affect your ability to travel. By law, the IRS is required to notify the State Department of tax arrears as soon as they are deemed "serious." After that, the Department of State usually refuses to issue or renew a passport, ...
In the United States, the tax filing season has begun. The well-known publication investopedia.com offers US residents to save money and not go to a paid accountant. This will save you between $ 150 and $ 300. This is exactly the amount, on average, taken for their services by specialists who help anyone who wants ...