Yes. But not all safes are created equal. Installing a home safe is an excellent idea. Even better: Bolt it to the floor. Otherwise, thieves will simply pick it up and take it with them – because they don’t want to spend any more time in your house than necessary. It’s also smart to select…

While the deadline to file and pay federal income taxes has passed for most people, there are some taxpayers still facing tax-related issues. Here are some tips for taxpayers handling some of the most common after-tax-day issues.   Check the status of a refund Taxpayers can check on their refund using the Where’s My Refund? tool. It…

A Maryland couple filed their 2017 tax return but did not pay the tax due. By December 2018, they owed $1.1 million in unpaid taxes and interest. The couple asked the IRS for an installment plan to pay off their tax debt over six years. However, an IRS investigator discovered the couple had cryptocurrency accounts,…

It might be worthwhile this fall. Every year, thousands of college students become ill or injured during the academic year and are forced to drop out, if only for a semester, and go home to recover. Covid-19 increases that risk. If your student must drop out of school due to illness or injury, the money…

Scams targeting non-English speakers: IRS impersonators and other scammers also target groups with limited English proficiency. These scams are often threatening in nature. Some scams also target those potentially receiving an Economic Impact Payment and request personal or financial information from the taxpayer. Phone scams pose a major threat to people with limited access to information,…

Phishing: Taxpayers should be alert to potential fake emails or websites looking to steal personal information. The IRS will never initiate contact with taxpayers via email about a tax bill, refund or Economic Impact Payments. Don’t click on links claiming to be from the IRS. Be wary of emails and websites − they may be nothing…

WASHINGTON – The IRS today reminds taxpayers who took advantage of the People First Initiative tax relief and did not make previously owed tax payments between March 25 to July 15 that they need to restart their payments. As the IRS continues to reopen its operations across the country, taxpayers who were in payment agreements…

WASHINGTON – Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to the Internal Revenue Service. “The IRS wants to help taxpayers who are owed refunds but haven’t filed their 2016 tax returns yet,” said IRS Commissioner…

Wow! It is already Independence Day! A time when we remember and cherish the freedoms we have as citizens of the United States of America. This is also a reminder the tax deadline is looming, just 13 days away. There are many reasons to file your taxes. Economic Impact Stimulus Package is available to eligible…

Filing a tax return Taxpayers who earned $69,000 or less in 2019 can file using free brand-name tax software with IRS Free File. People who earned more and want to do their own taxes can use Free File Fillable Forms. These are the electronic version of IRS paper forms. Either way, everyone has a free electronic filing…