Beware of “Taxes Owed” Scams

Beware of “Taxes Owed” Scams

The Internal Revenue Service (IRS) continues to see an increase in collection scams in which scammers contact taxpayers and demand immediate payment for “taxes owed.” Here are some tips to help you determine if the person contacting you is truly an IRS employee: In...

Late Filing & Late Payment Penalties: What you need to know

All of us are aware that April 15th, was the tax deadline for individuals that did not file an extension. If you are due a refund, there is no penalty for filing your tax return late. However, if you owe tax, and you did not file and pay on time, you will most likely...