Nobody likes to pay taxes. But given the choice between paying taxes and losing money through fraud, most people would prefer the former. Unfortunately, this does not stop thousands of Americans from giving millions of dollars to tax scams, writes GOBankingRates. Here are the most common ways ...
The Internal Revenue Service (IRS) has an estimated $ 1,4 billion in outstanding federal income tax refunds. They seem to have been overlooked by about a million Americans. How to find out if you owe you money You may be on the lucky list if you haven't filed your tax return ...
The IRS mistakenly paid $ 980 to a Florida resident, although he earned about $ 000 in a year. Ramon Christopher Blanchett, 18, of Tampa, submitted self-prepared tax filings in early 000. He stated that he was a freelancer and attached a Form W-29 ...
Americans got a double dose of bad news Friday as the IRS released data for the first week of tax refund filings. Not only did the agency process fewer returns due to the effects of the shutdown compared to the same period last year,…
The Tax Cuts and Jobs Act of 2017 made many changes to the US tax system. One big change is the new Form 1040, which has been simplified. For those who have additional income, itemized deductions, tax breaks and more have introduced additional...
The shutdown is over, at least for now, and the IRS is back on track. Will there be a delay in tax refunds in 2019? Will the new laws affect how tax returns are filed? Only one thing can be said for sure: tax ...
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...
US taxpayers can include in their return not only the spouse, but also the boyfriend or girlfriend with whom they live. This can help reduce taxes. However, for this you need to meet certain conditions. Experts interviewed by Go Banking Rates told how to arrange the necessary ...
The Internal Revenue Service (IRS) owes a million Americans about a billion dollars in tax returns. This applies to those who did not fill out the return documents in 2013, according to USA Today. Among those who owe the IRS, there may be taxpayers who, according to the results of 2013 ...