This article was published by the IRS. The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes. To claim the home office deduction on their tax return, taxpayers generally must exclusively and regularly use part of their home or a separate structure on their property as their primary place of [...]
Remember, gift cards are for gifts, not for making tax payments. Many people give gift cards as a convenient gift for any occasion. Scammers use gift cards to steal your money. Here's how this usually works: The scammer may call you, impersonating an IRS agent, or contact you by text, email, or social media. The criminal [...]
This article was published by the IRS. Knowledge is a taxpayer's first line of defense against scammers who pretend to be from the IRS with the goal of stealing personal information. Here are some facts about how the IRS communicates with taxpayers: The IRS doesn't normally initiate contact with taxpayers by email. Do not reply to [...]
IRS Online Account for Individuals is a tool that makes it easier for you to manage your personal federal taxes. Save time by going online instead of calling and waiting on the phone. To get started, go to IRS.gov/account. Once there, click "Sign in to your online account." From there, you can access ID.me, which helps [...]
This article was published by the IRS. In most cases, distributions from a traditional Individual Retirement Account are taxable in the year the account owner receives them but there are some exceptions. A qualified charitable distribution is one of the few exceptions. A QCD is a nontaxable distribution made directly by the trustee of an IRA [...]
