Savings on school supplies and other classroom needs starts this week as Florida’s back-to-school tax holiday begins.
Tip income should be reported on an IRS tax return. This includes non-cash tips, such as concert tickets or event passes.
Unusual delivery service mailing tries to trick people into sending photos, bank account information.
people encouraged to file, pay by June 14 to avoid larger penalties and interest.
These schemes can take many shapes, ranging from abusive deals involving syndicated conservation easements and micro-captive insurance arrangements. They can also involve an international component, such as hiding cash and digital assets offshore or using Maltese foreign individual retirement accounts or foreign captive insurance.
A sophisticated phone scam targeting taxpayers, including recent immigrants, has been making the rounds throughout the country. Callers claim to be IRS employees, using fake names and bogus IRS identification badge numbers. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling.
Changes in the number of dependents, employment or self-employment income and divorce, among other factors, may affect your tax-filing status and refund for 2023.
The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns.
IRS: Deadline to File 2019 and 2020 Tax Returns to Get COVID Penalty Relief Postponed in Declared Disaster Areas
The Internal Revenue Service reminds taxpayers in areas covered by certain Federal Emergency Management Agency (FEMA) disaster declarations they may have more time to file their returns to qualify for the penalty relief under Notice 2022-36 for their 2019 and 2020 tax returns.
IRS: Hurricane Ian Victims in Florida Qualify for Tax Relief; Oct. 17 Deadline, Other Dates Extended to Feb. 15
Hurricane Ian victims throughout Florida now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced.