Do you ever wonder how long you need to keep your financial paperwork? If you’d like to get rid of some clutter — and you missed our posting on Facebook — here’s the re-cap: 1) Keep ‘Tax Returns’ forever! And just in case you’re wondering about back-up (W-2s, […]
If you cannot pay the full amount of taxes you owe, you should still file your return by the deadline and pay as much as you can to avoid penalties and interest. You also should contact the IRS to discuss your payment options at 1-800-829-1040. The agency may […]
In its latest effort to help struggling taxpayers, the Internal Revenue Service announced a series of new steps to help people get a fresh start with their tax liabilities. The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers. […]
Taxpayers who need certain prior year tax return information can obtain it from the IRS (such as for loan applications, to estimate tax withholding, for legal reasons or because records were destroyed in a natural disaster or fire). Here are 10 things to know if you need federal […]
1. Phishing Phishing — A tactic used by scam artists to trick unsuspecting victims into revealing personal or financial information in an electronic communication – will mislead consumers by telling them they are entitled to a tax refund from the IRS and encourage them to reveal personal information […]