IRS

According to the most recent weekly data from the IRS, tax refunds are consistently less than a year ago, which is a result that many tax experts had predicted. Yet, the agency is in control of the filing season, which is a change from…

Employee Retention Credits (ERC) are the target of a widespread tax scam for 2023, according to the Internal Revenue Service, and you may have recently seen advertisements for this scam. The refundable tax credit was created to assist…

Many American families may be extremely concerned about managing a sizable IRS debt resulting from back taxes, but fortunately, there is Fresh Start Program that can assist you in doing so. In 2021, 57 percent of American households were…

As the 2023 tax season starts, Consumers are looking for strategies to file their taxes accurately to pay fewer taxes or obtain a higher refund. While many taxpayers opt out of standard deductions on their annual tax return, which…

The Internal Revenue Service's Criminal Investigation unit investigated approximately 1,000 tax and money laundering cases related to COVID-19 relief, with the suspected fraud exceeding $3.2 billion. American workers, families, and small…

As a result of January's terrible weather in California, the IRS extends the tax deadline to grant Californians additional time to file their taxes. When are your taxes due? If you are a California resident, you may be eligible for an…

Employees offer 401(k) retirement savings plans. It lets employees deposit a percentage of their pre-tax salary to retirement savings, which can grow tax-free until withdrawn. In general, you are expected to wait until retirement before…

As part of this year's Dirty Dozen, the IRS is once again issuing warnings regarding phishing and smishing scams. The Dirty Dozen is a yearly compilation of the most popular tax frauds. During tax season, when many people are preparing…