The IRS is a name every taxpayer and accountant hears every day. The IRS reviews the taxpayer's account and financial information to ensure the rules are followed. The IRS can...
Posted by KLSM CPA Firm PLLC on 02/08/2022
Financial abuse of the elderly population has increased, with financial institutions claiming to have quadrupled the number of such incidents between 2013 and 2017, according to the...
Posted by KLSM CPA Firm PLLC on 07/06/2021
Identity theft occurs when someone uses your data to impersonate you, which is often used for their financial gains. In this article, you will find some of the proven ways to prevent...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/11/2021
One of the most commonly traded commodities on the dark web is personal information. People use it for identity theft and various criminal acts. Criminals do not mind going to untold...
Posted by KLSM CPA Firm PLLC on 05/07/2021
What is an IRS audit?The IRS may choose to examine the taxpayer's accounts and financial information to ensure that all tax laws are followed. Even though the IRS only verified...
Posted by James Financial Services Inc on 04/09/2021
One of the most popular new scams on the market involves fraudsters making false statements in hopes of getting a relatively low tax refund. They no longer try to steal thousands of...
Posted by BEST FINANCIAL GROUP LTD on 04/20/2020
Many identity thieves use stolen social security numbers to file fraudulent tax returns. You won't know if you have been the victim until you are denied your tax return.If you...
Posted by Tucker Accounting Services LLC on 03/30/2021
Debts with the IRS come in many shapes and sizes. The most common debts owed to the IRS are back or unpaid income taxes. Now that more people are working full or part-time, overdue...
Posted by Flynn Financial Group Inc on 01/06/2021
Tax returns can be a stressful process, especially if you are bothered about getting audited. The fact is less than 1% of all tax returns are analyzed in more detail. Therefore, statistically,...
