Tax Information

IRS 2023 Dirty Dozen – Scam #4:  False Fuel Tax Credit Claims “People should watch out for erroneous fuel tax credit claims and the scammers that promote them,” said IRS Commissioner Danny Werfel. “These scammers will often charge a hefty fee for these bogus claims, and participants also face the possibility of identity theft. This…

IRS 2023 Dirty Dozen – Scam #3:  Online Account Help from Third-Party Scammers The Internal Revenue Service alerts taxpayers to watch out for scammers who try to sell or offer help setting up an Online Account on IRS.gov that puts their tax and financial information at risk of identity theft. The IRS Online Account provides…

IRS 2023 Dirty Dozen – Scam #2:  Phishing and Smishing Taxpayers and tax professionals should be alert to fake communications posing as legitimate organizations in the tax and financial community, including the IRS and states. These messages arrive in the form of an unsolicited text or email to lure unsuspecting victims to provide valuable personal…

IRS 2023 Dirty Dozen – Scam #1:  Employee Retention Credit Claims For the start of the annual Dirty Dozen list of tax scams, the IRS spotlighted Employee Retention Credits following blatant attempts by promoters to con ineligible people to claim the credit. Renewing several earlier alerts, the IRS highlighted schemes from promoters who have been…

IRS 2023 Dirty Dozen The IRS compiles annually the Dirty Dozen list of common scams that taxpayers may encounter anytime but many of these schemes peak during filing season as people prepare their returns or hire someone to help with their taxes. Don’t fall prey. As part of the Dirty Dozen awareness effort, the IRS…

Additional information on IRS Payment Plans (Part IX) HOW DO I MANAGE MY PLAN TO AVOID DEFAULT? In order to avoid default of your payment plan, make sure you understand and manageyour account.-Pay at least your minimum monthly payment when it’s due.-File all required tax returns on time and pay all taxes in-full and on…

Additional information on IRS Payment Plans (Part VIII) WHAT IF I AM NOT ELIGIBLE OR UNABLE TO APPLY OR REVISE A PAYMENT PLAN ONLINE? If you are ineligible for a payment plan through the Online Payment Agreement tool, youmay still be able to pay in installments.-Individuals can complete  Form 9465, Installment Agreement Requesto If required  in the …

Additional information on IRS Payment Plans (Part VII)HOW DO I REVISE MY PAYMENT PLAN ONLINE? You can make any desired changes by first logging into the  Online Payment Agreementtool . On the first page, you can revise your current plan type, payment date, and amount.Then submit your changes. If your new monthly payment amount does…

Additional information on IRS Payment Plans (Part VI)HOW DO I REVIEW MY PAYMENT PLAN? You can view details of your current payment plan (type of agreement, due dates, andamount you need to pay) by logging into the  Online Payment Agreement tool . WHAT CAN I CHANGE WITH MY PAYMENT PLAN ONLINE? You can use the …

Additional information on IRS Payment Plans (Part IV) AM I ELIGIBLE TO APPLY ONLINE FOR A PAYMENT PLAN? Your specific tax situation will determine which payment options are available to you.Payment options include full payment, short-term payment plan (paying in 180 days orless) or a long-term payment plan (installment agreement) (paying monthly).If you are an individual, you may…