Individual

Get ready for taxes: Here’s what to know about the amount of a tax refund

IRS Tax Tip 2019-173, December 10, 2019 After filing their tax return, a taxpayer will know whether they are receiving a refund. Sometimes, however, a taxpayer’s refund will be for a different amount than they expect. Here are some reasons a taxpayer’s refund might be less than they thought it would be: Financial transactions happening …

Get ready for taxes: Here’s what to know about the amount of a tax refund Read More »

Using strong password is a strong defense against identity thieves

IRS Tax Tip 2019-172, December 9, 2019 Two things taxpayers can do to prevent themselves from identity theft is to use strong passwords and keep those passwords secure. While many people use fingerprint or facial recognition technology to protect their devices, sometimes it’s still necessary to use a password. In recent years, cybersecurity experts’ recommendations …

Using strong password is a strong defense against identity thieves Read More »

Adults can pass on these tips to teach teens online safety

IRS Tax Tip 2019-171, December 5, 2019 Adults teach their kids how to drive, balance a checkbook and cook. It’s also a good idea to teach younger users how to explore the internet with caution. All internet users should be mindful of risks people can take when they share devices, shop online and interact on social media. …

Adults can pass on these tips to teach teens online safety Read More »

Here’s how taxpayers can avoid the hooks of phishing scams

IRS Tax Tip 2019-170, December 4, 2019 Knowledge and awareness. Those two things can protect taxpayers and their family members from getting caught up in a phishing scam. A phishing scam is often an unsolicited email or a website that looks like a legitimate site designed to trick users. The scams convince people into providing …

Here’s how taxpayers can avoid the hooks of phishing scams Read More »

Get ready to take the guesswork out of paycheck withholding

IRS Tax Tip 2019-169, December 3, 2019 The tax filing season is quickly approaching. With that in mind, taxpayers should remember there’s still time to make an estimated or additional tax payment to ensure their tax withholding is still accurate. Those who need to make an estimated tax payment for 2019 should remember that the …

Get ready to take the guesswork out of paycheck withholding Read More »

Cyber Monday shopping list should include safeguards against online thieves

IRS Tax Tip 2019-168, December 2, 2019 For many shoppers, Cyber Monday kicks off the holiday season. For some online thieves, ’tis the season to take advantage of having so many people shop online at once. They steal shoppers’ personal information and package it as their own. Some might call this a total Grinch move. …

Cyber Monday shopping list should include safeguards against online thieves Read More »

Taxpayers in private debt collection can now make payments with direct debit

IRS Tax Tip 2019-166, November 26, 2019 Taxpayers in the private debt collection program now have a new option for paying what they owe. Taxpayers now can choose a pre-authorized direct debit. They can use this to make one payment or a series of payments toward their federal tax debt. These taxpayers should remember to …

Taxpayers in private debt collection can now make payments with direct debit Read More »

Drought-affected farmers and ranchers have extra time to sell livestock

IRS Tax Tip 2019-163, November 20, 2019 Drought can be devastating to farmers and ranchers. Those who were forced to sell livestock due to drought may get extra time to replace the livestock. They may also have more time to defer tax on any gains from the forced sales. Here are some facts to help …

Drought-affected farmers and ranchers have extra time to sell livestock Read More »