The Internal Revenue Service announced today that the agency is seeing a tremendous increase in text message-based scams aimed at taxpayers. IRS Commissioner Chuck Rettig referred to this increase as “phishing on an industrial scale” and warned that thousands of taxpayers may be at risk of receiving these scam messages.
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Discussing Security Systems with All Action Alarm Company
IRS Announces Penalty Relief
The IRS isn’t forgetting about those who have already been assessed a penalty and paid it either.
Superstorm Sandy Tax Exemption
The deadline was extended by two years to March 1, 20024.
Are More IRS Audit On The Way?
These newly hired Revenue Agents will specialize in performing individual and business tax return audits and will be assigned to the agency’s Small Business Self Employed (SB/SE) division. Here the Revenue Agents will use their knowledge of accounting and tax law to tax to audit returns, determine liability for both individual and business taxpayers including small corporations, partnerships, and fiduciaries. The Revenue Agents will also be responsible for identifying potential fraud, tax schemes and abusive tax shelters.
Discussing Water Heaters with Scott Kolin of Waterheaters.com
Discussing Reverse Mortgages with Ralph Taylor of UNMB Home Loans
The IRS is Hiring!
IRS Interest Rates Increased
Whether you owe taxes or made an overpayment will determine if this is welcome news or not.
Work Opportunity Tax Credit
But there is always hope and opportunity, sometimes from the most unlikely of sources, like the IRS and the Work Opportunity Tax Credit.