News & Helpful Information
IRS Warns Thousands Of Taxpayers Could Face Criminal Prosecution For Filing False Returns
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Reminder: Taxpayers Must File And Pay Taxes Even If They Live Abroad
It’s important that U.S. citizens and resident aliens living abroad understand their tax obligations.
How to request help with a tax matter from the IRS Independent Office of Appeals
If a taxpayer disagrees with an IRS decision, they can ask the IRS Independent Office of Appeals to review their case. This office is separate from the rest of the IRS.
Time to claim $1 billion in tax refunds from 2020 expires May 17
The Internal Revenue Service today reminded the 1 million people who didn’t file their tax year 2020 returns they may be eligible for a refund if they file by the May 17 deadline.
Taxpayers and tax pros: Beware of these common tax scams
Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, personal information or client data.
Taxpayers could settle federal tax debt with an Offer in Compromise
When a taxpayer can’t pay their full tax debt or if paying would cause financial hardship, they should consider applying for an Offer in Compromise.
New Jersey State FSA Bulletin – Every Day is Earth Day for Farmers, Ranchers and Foresters
On Earth Day, and every day, the USDA Farm Service Agency (FSA) celebrates the strides American farmers, ranchers and foresters are making.
IRS Video Tax Tip: Where’s My Refund
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Dirty Dozen: High-income filers vulnerable to illegal tax schemes; face risk from improper art donation deductions, Charitable Remainder Annuity Trusts, monetized installment sales
As part of the Dirty Dozen campaign, the Internal Revenue Service warned wealthy individuals about three tax traps designed for them by dishonest promoters and shady tax practitioners.
Tax credits for individuals: What they are and how they can benefit taxpayers
A tax credit is an amount taxpayers claim on their tax return generally to reduce their income tax. Eligible taxpayers can use them to potentially reduce their tax bill and increase their refund.