IRS, tax scams and Watch Out
The IRS estimates that more than $1 billion in refunds remain unclaimed by taxpayers who have not filed their Form 1040.
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Reasons why the IRS can reduce your tax refundIn the United States, not every taxpayer will receive their tax refund as anticipated. Many may encounter reduced payments or ...
The Internal Revenue Service has warned people not to follow advice they see on social media. Among the things to avoid is a new trend that encourages people to overstate their withholdings in hopes ...
The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.
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IRS tax return figures are less than 2024, remember that you could have a refundAs the 2025 tax season draws to a close, many Americans are noticing a significant decrease in their tax refunds. With the ...
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
The IRS reviews suspicious claims and sends letters to filers asking for additional verification for any claims — including withholdings. Claims deemed fraudulent can result in penalties of $5,000 for ...
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What should you know about IRS tax withholding for DACA beneficiaries?Despite their significant contributions to the U.S. tax system, DACA recipients face challenges in accessing the same ...
Just one month remains in the 2025 tax filing season before the April 15 deadline. As of March 7, the Internal Revenue ...
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