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While the deadline for filing taxes is April 18 this year and many Americans may not want to think about taxes so close to the new year, experts are recommending filing them early for something often...
New year, new tax rules. For small business owners or independent contractors, this change, introduced via the American Rescue Plan, might make a big difference in your accounting. See: 4 Ways to Pay...
This year's tax prep may be a bit more complicated than usual for many people. For starters, many who have never filed taxes before will be looking to file in order to claim the balance of their...
Former Rhode Island Governor and United States Secretary of Commerce Gina Raimondo reportedly took advantage of a “little-known” federal law to avoid “huge tax hits,” according to reports.
Tax fraud may be on the rise this year; bank, IRS urge you file as soon as you can PORTLAND, Ore. (KTVZ) -- With the 2021 tax filing season officially underway, it’s a great reminder to file your taxes as soon as possible before the April 15 deadline to avoid potentially becoming a victim of fraud. Specifically, tax ID fraud, which remains an ever-present and widely concerning issue in the U.S. Late last year, the IRS announced it discovered $2.3 billion in such scams for fiscal year 2020 alone. And, with the rise of other types of fraud, such as COVID-19-related scams, 2021 could be an...