Whether you file the simple 1040EZ or a complex 1040 and a raft of schedules, making a mistake on your tax form could lead to big tax trouble. Something as simple as a math error or unsigned form could invite…
October 09, 2020
95% of all refunds are currently electronically paid to taxpayers directly into their bank accounts. Only 5% of all refunds are paid with a paper check. The IRS stated that it will continue to issue refunds via paper check because…
July 24, 2019
The IRS’ Criminal Investigation Division prosecutes tax crimes, including failure to file tax returns, tax and fraud evasion, identity theft, refund fraud, cybercrimes and money laundering. In the fiscal year 2017, the IRS Criminal Investigation Division initiated 3,019 criminal cases. …
December 06, 2018
If you’re a regular reader of this blog, you’re well aware of the many ways unscrupulous people can scam innocent taxpayers by pretending to be the IRS. Scams can take many forms. A common variation is when scammers randomly call…
May 22, 2018
The IRS previously offered an online service called IRS Get Transcript Online where taxpayers could obtain their IRS transcripts of account. The Treasury Inspector General for Tax Administration recently provided updated numbers regarding the victims of identity theft using…
June 27, 2016
We previously reported that the IRS has begun initiating some audits by telephone depending on the state in which you live. Previously, the IRS only contacted taxpayers for purpose of an audit by mail and not by telephone. This has…
May 24, 2016
Identity theft is now rampant in the United States and around the world. Any entity that holds your private information including banks, hospitals and even the IRS are potential targets of identity thieves. If you are a regular reader of…
May 20, 2016
Identity Protection PINS, an online tool created by the IRS that was meant to help protect taxpayers who previously have been victims of tax refund fraud, has been suspended by the federal government after it was learned that the tool…
March 14, 2016
Illinois’ nearly year-long state budget standoff might appear to be the likely culprit with the recent news that the Illinois Department of Revenue will not issue state refunds to Illinois taxpayers until at least March 1. State Revenue Director Connie…
January 21, 2016
In recent proposed legislation, both the U.S. House of Representatives and Senate are about to approve extraordinarily controversial tax provisions that would affect taxpayers with unpaid taxes due to the IRS. Although this legislation is titled Fixing America’s Surface Transportation Act and relates…
December 02, 2015
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