Still, anyone who did not qualify yet claimed the credit on their taxes could face a fine of up to $5,000 per return. The taxpayers will also risk being audited, and could face criminal prosecution, the IRS said.
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. In a press release, the IRS reiterated a warning not to fall for tax scams centered around the Fuel Tax Credit, Sick and Family Credit, and househo...
IRS Warns Taxpayers to Remember Financial Records When Prepping for Hurricane Season.The article announces the warning issued by the U.S. Internal Revenue Service regarding the handling of tax and financial documents when preparing for the hurricane season. The IRS offers tips for individual and ...
Uncle Sam might be looking for you very soon inTexas.News Weekreleased the statement saying how the IRS was warning thousands of taxpayers who could find themselves behind bars. TEXANS COULD BE LOOKING AT SERIOUS JAIL TIME! Getty Stock / ThinkStock Thousands of individuals who have filed taxes ...
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. In a press release, the IRS reiterated a warning not to fall for tax scams centered around the Fuel Tax Credit, Sick and Family Credit, and household e...
The IRS is warning tax professionals and taxpayers of IRS scammers which attempt to steal their tax software preparation credentials. If you use eFile.com or any other software, be on the lookout for emails that claim "your account has been put on hold" or "open this email to unlock your...
The IRS said taxpayers who attempt to e-file their return and find it rejected because a tax return with their Social Security number has already been filed should file a Form 14039, called an Identity Theft Affidavit, to report themselves as a possible identity theft victim. RELATED: Masks,...
The IRS is warning taxpayers about phishing and smishing scams that try to steal personal information. Scammers pretend to be the IRS and send emails or texts asking for sensitive information. They may threaten legal action or promise fake refunds to trick people. The...
The IRS is warning taxpayers at the opening of the 2023 tax filing season that they should expect smaller refunds due to pandemic relief measures that have been allowed to expire.
Effective Immediately: IRS Ends Unannounced Visits to Taxpayers July 25, 2023Just the News The IRS on Monday said it is ending its decades-long practice of agency revenue officers making unannounced visits to taxpayers, citing concerns over agent safety and an increase in scammers. ...