TurboTax Implements Anti-Fraud Measures After Spike in Filings Using Stolen Data

The popular tax software TurboTax has heightened its security after a wave of fraudulent activity last week. According to its parent company, Intuit, a large number of fraudulent tax ...

Does Your Tax Refund Seem Too Good To Be True? Maybe It Is.

All year, people eagerly await their tax refund. It can feel like free money, even if it isn’t. But tax refunds are also a great “in” for scammers to swindle your money. The ...
Decrease Your Tax Bill With the Retirement Saver’s Tax Credit

Decrease Your Tax Bill With the Retirement Saver’s Tax Credit

Low or moderate-income workers in the process of saving for retirement could be in line for a tax credit they didn’t even know about. The credit is called the Retirement Savings ...

Bill In Congress Would End Federal Social Security Taxes, But It May Not Get Very Far

A bill in Congress, titled the Senior Citizens Tax Elimination Act, would eliminate federal taxation of Social Security benefits. Specifically, the bill would change IRS code to no ...

Protect Yourself Against the New “Epidemic” of IRS Phone Scams

IRS phone scams are becoming an “epidemic”, says the Better Business Bureau. The scam works like this: Fraudsters posing as IRS agents are calling households claiming that they ...

Three Tax Season Scams to Know About, and How to Identify Them

It might be too early for many people to start thinking about tax season. But that doesn’t mean it’s too early for scammers. The IRS is warning consumers to be aware of some early ...
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