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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 »
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 »
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 »
IRS Tax Tip 2019-167, November 27, 2019 Taxpayers should always be on the lookout for scams. Thieves want to trick people in order to steal their personal information, scam them out of money, or talk them into engaging in questionable behavior with their taxes. Scam attempts can peak during tax season, but taxpayers need to …
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 »
IRS Tax Tip 2019-165, November 25, 2019 It’s that time of year when taxpayers are thinking about how they want to give back, and many taxpayers will want to donate to a charity that means something to them. The IRS has a tool that may help them make sure their donations are as beneficial as …
How taxpayers can make sure their donations are tax deductible Read More »
IRS Tax Tip 2019-164, November 21, 2019 A small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next. When tax season comes around, it might be their tax hat. They may think of doing their taxes as just another item to quickly cross …
Four common tax errors that can be costly for small businesses Read More »
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 »
IRS Tax Tip 2019-162, November 19, 2019 Taxpayers with individual taxpayer identification numbers should find out if their number expires this year. If it does, they should renew it now to avoid delays with their refund when they file their taxes next year. An ITIN is a tax ID number used by taxpayers who don’t qualify for a Social …
It’s time again for folks to renew their ITINs…here are some things to remember Read More »
IRS Tax Tip 2019-161, November 18, 2019 There are steps people can take now to make sure their tax filing experience goes smoothly next year. First, they can visit the Get Ready page on IRS.gov to find out more. Here are a few other things people can do now: Check their withholding and make any adjustments soon Since most …
Taxpayers can take steps now to Get Ready to file their taxes in 2020 Read More »