Hopefully you are one of the millions of Americans who will see a little extra green in your pockets from a tax refund. But what should you do with your new found cash?
A new warning has been issued about crooks who are filing fake returns and stealing refunds.
The victims said they don’t know exactly how their Social Security numbers were stolen or how much in refund money the scammers got from them.
With less than a week left to file taxes, many taxpayers are facing long lines at their local IRS offices.
Knowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.
It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
There are few things more stressful than filing your taxes, but CBS2 has the five red flags the Internal Revenue Service looks for before they come knocking on your door so you can hopefully avoid an audit.
Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail as part of a huge nationwide tax scam that has cost taxpayers $15.5 million.
Prosecutors said an East Hanover resident received a call from someone claiming to be with the IRS.
The deferred compensation agreement included in Darryl Strawberry’s 1985-90 contact with the New York Mets has been auctioned for $1.3 million by the Internal Revenue Service.
The IRS said in a statement Monday the agreement is worth about $1,279,000. The minimum bid is $550,000 in the auction, which is scheduled for Jan. 20 at the IRS office in Fairview Heights, Illinois.
One recent victim received a phone call from someone claiming to be an IRS agent who said the man’s family owed $61,000 in back taxes but that the IRS would settle for $3,200, police said.
Nassau County Police said several residents have received phone calls from persons claiming to be from the IRS who say they or a family member owe money for unpaid taxes.
Authorities say a scam that tricks people into turning over huge amounts of cash to con artists is growing—and so far, the crooks are getting away with it.
Contentious hearings on lost Internal Revenue Service emails got back underway in Washington on Tuesday. There was plenty of heated back and forth.