by ManagerJill | Jul 17, 2024 | Credits, FYI, IRS News, Scam Alert, Tax
WASHINGTON — The Internal Revenue Service issued a consumer alert today following bad advice circulating on social media about a non-existent “Self Employment Tax Credit” that’s misleading taxpayers into filing false claims. Promoters and social media are marketing...
by ManagerJill | Jul 7, 2022 | FYI, Individuals, IRS News, Scam Alert, Tax
As the old saying goes: When something sounds too good to be true, it probably is. Taxpayers with outstanding tax bills might be tempted by businesses who advertise and offer to help them reduce their tax debt. These businesses, often called Offer in Compromise mills,...
by ManagerJill | Jun 2, 2022 | FYI, IRS News, Scam Alert
WASHINGTON – The Internal Revenue Service today began its “Dirty Dozen” list for 2022, which includes potentially abusive arrangements that taxpayers should avoid. The potentially abusive arrangements in this series focus on four transactions that are...
by ManagerJill | Jan 28, 2021 | FYI, IRS News, Scam Alert
WASHINGTON – The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because of identity theft to contact their appropriate state agency for a corrected form. States issue Forms 1099-G to the...
by ManagerJill | Dec 9, 2020 | FYI, IRS News, Scam Alert
In January, the IRS Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identity. An identity prevention PIN is a six-digit number assigned to eligible taxpayers to help prevent their Social Security number from being...
by ManagerJill | Aug 5, 2020 | FYI, IRS News, Scam Alert
This is the second of two tips exploring the IRS Dirty Dozen tax scam list. Tax scams tend to rise during tax season or during times of crisis. Scam artists are using the COVID-19 pandemic to try to steal money and information from taxpayers. Taxpayers should watch...
