This article was published by the IRS. The Internal Revenue Service has announced its annual Dirty Dozen list of tax scams for 2025 with a warning for taxpayers, businesses, and tax professionals to watch out for common schemes that threaten their tax and financial information. Ranging from email schemes to misleading tax credits, many of the [...]
There are several easy ways to pay your taxes: online; by phone; or with cash, check, or money order. To pay online, you can go to your online account at IRS.gov/account and make a payment from your checking or savings account. You can also view the amount you owe, any payment history or activity, and other [...]
Are you putting off filing your taxes because you owe money but can't pay? You shouldn't. The IRS can help you if you're having trouble paying all the taxes you owe at once - but you must take action. Here's what you need to do: First, before the tax deadline, either file your tax return, or [...]
This article was published by the IRS. The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings. Eligibility A taxpayer may be eligible for relief that provides for expanded access to their retirement funds if their principal residence was in a major disaster area [...]
This article was published by the IRS. Taxpayers have two options when completing a tax return: take the standard deduction or itemize their deductions. Most taxpayers use the option that gives them the lowest overall tax. Due to all the tax law changes in the recent years, including increases to the standard deduction, people who itemized [...]
