Dirty Dozen tax scams for 2025: IRS warns taxpayers to watch out for dangerous threats Part 1

WASHINGTON — The Internal Revenue Service today announced its annual Dirty Dozen list of tax scams for 2025 with a warning for taxpayers, businesses and tax professionals to watch out for common schemes that threaten their tax and financial information. Ranging from email schemes to misleading tax credits, many of the Dirty Dozen items peak during filing…

Read More...

Tax Time Guide: Use ‘Where’s My Refund?’ tool to track refund status

WASHINGTON — As millions of people file their 2024 tax returns, the Internal Revenue Service today reminded taxpayers to use the “Where’s My Refund?” tool on IRS.gov to confirm receipt of their return and track a refund. Taxpayers who file electronically can typically use the “Where’s My Refund?” tool to check the status of a tax refund within 24…

Read More...

National Tax Security Awareness Week, Day 3: Guard against fraudsters with an IRS Identity Protection PIN

National Tax Security Awareness Week, Day 3: Guard against fraudsters with an IRS Identity Protection PIN  WASHINGTON — The Internal Revenue Service and the Security Summit partners today encouraged taxpayers to add an extra layer of protection between their tax returns and identity thieves by joining the Identity Protection Personal Identification Number (IP PIN) program at the start of…

Read More...

U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives

$172 million recovered from 21,000 wealthy taxpayers who have not filed tax returns since 2017 in first six months of new initiative  WASHINGTON — Today, U.S. Secretary of the Treasury Janet L. Yellen and Commissioner of the Internal Revenue Service Danny Werfel are delivering remarks at the Austin, Texas, IRS campus to announce new milestones…

Read More...
Pederson Tax Services