Fast Facts: Identity Theft

Fast Facts: Identity Theft

“Identity Theft is not a joke, Jim!” Dwight Schrute from The Office certainly had the right idea. Far from being a joke, identity theft is on the minds of many individuals this time of year. Tax-related identity theft is one of the most common forms of identity theft....
Why E-Filing?

Why E-Filing?

E-filing your tax return means submitting your tax returns electronically as opposed to mailing a paper copy of your return to the taxing authorities. In 2019, approximately 92% of returns were e-filed and that value is only expected to increase in 2020. In fact in...
All You Need to Know About Form 1099-MISC

All You Need to Know About Form 1099-MISC

What are 1099s? This tax form reports the movement of money from one entity or person to another entity or person. In addition to Form 1099-MISC that reports subcontractor payments, there are additional 1099 tax forms that serve different purposes as follows: 1099-INT...
NEW Taxpayer Scam – Fake IRS Letters

NEW Taxpayer Scam – Fake IRS Letters

In regards to common taxpayer scams, we’ve warned you before that the IRS will NEVER call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer, and that the IRS will always mail you a bill if you owe any...