irs Posts

Checklist: Hurricane Aftermath Survival and Tax Relief

Check the IRS website to find out: irs.gov Fur further information on conducting yourself during a natural disaster, visit the CDC website: cdc.gov . Sources: 1 , 2 , 3 .

The 7 Biggest Mistakes You Can Make While Filing Taxes

Oversights in tax preparation may also lead to delays or a difficult audit by the IRS. Discover some of the most common mistakes people make on their tax returns so that you can avoid making them yourself this year. Related: 5 Life-Changing Tips for Investing In Your 50+ Years 1.

Learn to Avoid the Most Common Scams on the Internet

IRS internet scam This is a really audacious scam, but it has been working. You may receive a call said to be from the IRS, claiming you owe back taxes. If you don't pay up you will be arrested. They offer you a quick solution.

Be Informed Against This Kind of Alarming and Growing Fraud

“Over the past couple of months, our helpline has received fewer reports of the IRS scam [a con artist pretending to be from the Internal Revenue Service, demanding money] while complaints about scammers impersonating the Social Security Administration have been on the increase,” said Amy Nofziger, an

How to Re-Use Your Old Smartphone: 7 Useful Tips & Tricks

Any smartphone equipped with infrared (IR) technology can be repurposed as a media remote with the right app. These apps are widely available for both iPhone and Android devices.

8 Financial Terms We Should All Know!

However, with a 401K or a SEP IRS, your income will be tax-deferred, meaning that you won't be taxed for any cash that remains in the account, but you will then be taxed when you eventually withdraw it for retirement.

7 AARP Benefits Every Senior Should Take Advantage Of

This invaluable service connects you with an IRS-certified volunteer, saving you the expense of hiring a financial advisor. As per AARP's website, you have the choice to receive in-person service through appointments from Feb. 1 to April 15, or opt for virtual assistance. 2.

Why You’re Absolutely Right to Be Afraid of Surgeries

Famously, a diabetic by the name of Willie King had to have a gangrenous foot amputated, but because of a clerical error in the surgery schedule, the operating doctor removed the wrong foot, drawing the ire and ridicule of many across America, including a spoof song by radio personality Bob Rivers. 5

10 Signs That Someone Has Stolen Your Identity

These are big red flags for identity theft, so you should contact the IRS immediately in the event that they arise. 9. Receiving mail addressed to a different name Receiving mail addressed to people other than yourself, or those that live with you, is not to be taken lightly.

A Few Things We Bet You Never Knew About the USA!

During the 2015 tax year, the US Internal Revenue Service (IRS) assessed a total income tax of $1.454 trillion on Americans from a total of 150.6 million tax returns. This showed that the average American owed $9,655 in income tax at the time the statistics were collected.

9 Awesome Discounts Seniors Didn’t Know They Could Get

The program is staffed by IRS-certified volunteers who provide “free assistance and basic income tax return preparation with electronic filing” at community locations across the country. You can find a TCE office near you by calling 800-906-9887 or emailing them at [email protected]. 8.