IRS Unveils “Dirty Dozen” List of Tax Scams for 2020
The Internal Revenue Service today announced its annual "Dirty Dozen" list of tax scams with a special emphasis on aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact Payments. This year, the Dirty Dozen focuses on scams that target...
IRS Advice for Those Who Missed the Deadline, File Now
For those who missed the July 15 tax deadline and didn't request an extension, the Internal Revenue Service reminds taxpayers about some important tips, including filing electronically as soon as possible to reduce potential penalties. Some taxpayers may have extra time to file and...
2020 Customer Feedback
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5 Tips for Entertaining Safely During COVID-19
After months of being stuck indoors due to the pandemic, states are beginning to reopen right in time for summer. Although you may be eager to get the gang together, the coronavirus hasn’t completely disappeared, so you need to proceed with caution. Here are some tips for...
4 Ways to Qualify for a Stimulus Payment in 2021
The coronavirus outbreak forced many businesses to close and millions of people to lose their jobs. To help Americans stay afloat, the government issued a $1,200 stimulus payment to eligible taxpayers. Plus, an additional $500 per qualifying child. Payments were based on the...
6 Things You Can Do Right Now to Reduce Your Debt
A recent Bankrate survey found that once the country starts recovering from the coronavirus, 22% of Americans plan to make paying off debt a priority. That sounds nice, but as the saying goes, “Don’t put off until tomorrow what you can do today”. Here are some things you...
How to Prepare for a Hurricane
The Atlantic hurricane season is underway and will last until November 30th. This year, experts are predicting the season to be more active than usual. They believe there will be between 13 and 19 named storms. Therefore, it’s important to be prepared especially if you live along...
Keep Tax and Financial Records Safe in Case of a Natural Disaster
Hurricanes, tornadoes, floods and other natural disasters are more common in the summer. The IRS encourages you to take a few simple steps to protect your tax and financial records in case a disaster strikes. Here are five tips from the IRS to help you protect your important...