Take a copy of the FTC report with you. If you believe your identity was stolen via mail theft, report it to the U.S. Postal Service. If you think someone has used your identity to file a bogus tax return, you may need to file an identity theft affidavit with the IRS. » Learn...
Property damage is never a good thing, but you can sometimes recover part of your money by taking a tax deduction for casualty, disaster, and theft losses. This type of deduction can cover damage due to a fire, accident, or natural disaster, but you must itemize to claim it. Learn more...
In 2023 alone, the IRS flagged over 2.4 million tax returns as being potentially filed by identity thieves. Tax identity theft is on the rise across the country. In this guide, we’ll cover how tax identity theft happens, the red flags to watch out for, and what to do if you’re the...
Want to know how long it takes to get a tax refund? Learn all about the IRS Refund Schedule and how long it takes for your tax refund to hit your bank.
Tax Time Tips: How to Combat Tax Identity Theft Fraud(BPT) - April 15 is quickly approaching, and while receiving atax refund may be the first thing...Brandpoint
These are the carriers that typically offer the best service and the lowest rates. Maryalene LaPonsieDec. 13, 2024 How to Prevent Porch Pirate Thefts The holidays create a prime opportunity for package theft. Here are five ways to prevent it. ...
2.If your tax situation has changed:Use tax software to do a fake tax return (you don’t have to pay anything if you don’t actually file the return). It will help you figure out if you’re paying too much (or too little). Then you can do that quick paycheck math again. ...
2. Social Security Number:Your Social Security number (SSN) is a unique identifier used by the government to track your income and tax information. Ensure that you enter your SSN accurately to prevent any processing delays or potential identity theft. If you are married and filing jointly, you...
In 2012, the top tax bracket increased from 39.6% to 36%. This only covers personal tax. Taxes must also be paid on properties and company profits, for example. Now that we know where taxes come from and what they are, we will look at who pays them and why. ...
example,life insurance proceedsyou receive are generally excluded from your taxable income—and you don’t have to report them.3However, to take advantage of most tax breaks, you must claim them (e.g., tax credits or deductions) on your income tax return and meet specific eligibility ...