8 Ways to Pay Your Tax Bill

If you owe federal tax, the IRS offers many easy ways to pay. Make sure you pay by the April 18 deadline, even if you get an extension of time to file your 2016 tax return. You can get an … Continued

10 Helpful Facts to Know about Capital Gains and Losses

When a person sells a capital asset, the sale normally results in a capital gain or loss. A capital asset includes inherited property or property someone owns for personal use or as an investment. Below are 10 facts, from the Internal Revenue Service, that taxpayers should know about capital gains and losses:

Dangerous W-2 Phishing Scam Evolving

The Internal Revenue Service, state tax agencies and the tax industry recently issued an urgent alert to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school … Continued

What to Do Before The Tax Year Ends Dec. 31

As tax filing season approaches, the Internal Revenue Service is reminding taxpayers there are things they should do now to get ready for filing season. Charitable Deductions For most taxpayers, Dec. 31 is the last day to take actions that … Continued

Students, Parents, Schools: Be Aware of Back-to-School Scams

The Internal Revenue Service warns taxpayers against telephone scammers targeting students and parents during the back-to-school season and demanding payments for non-existent taxes, such as the “Federal Student Tax.” Be on the lookout for IRS impersonators calling students and demanding … Continued

Understanding Your IRS Notice or Letter

You filed your taxes and now you get a letter from the IRS.  What should you do? According to the IRS your notice or letter will explain the reason for the contact and give you instructions on how to handle … Continued