Your safety and security are top priorities at the IRS and with their Security Summit partners. With more taxpayers and tax preparers working remotely, identity thieves and fraudsters are working overtime, trying to use COVID-19 to scam you. Everyone should remember to take these basic steps to protect themselves.
This article was published by the IRS. This is the first of two tax tips providing an overview of how the American Rescue Plan may affect some individual's 2021 taxes. Child and dependent care credit increased for 2021 only The new law increases the amount of the credit and the percentage of employment-related expenses for qualifying [...]
The IRS and its Security Summit partners want to tell you in as many ways possible how to protect your identities and data online: Avoid email scams posing as your bank, credit card company, or even the IRS, asking you for personal information or passwords. Watch out for phone calls claiming to be from the IRS, [...]
This article was published by the IRS. The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2021 tax return next year. Here are [...]
You’ve likely seen and heard ads from companies claiming they can settle your debt with the IRS for “pennies on the dollar.” They claim you need their services to strike a deal and pay less to the IRS. The truth is third parties can’t always deliver on claims to reduce tax debt and obtain waivers of [...]
