National Tax Security Awareness With the holiday shopping season in full swing, the Internal Revenue Service and Security Summit partners warn taxpayers to take extra steps to protect their tax and financial data from identity thieves. The holidays offer cybercriminals a chance to steal financial account information, Social Security numbers, credit card information and other…
Seasonal and Part-year Workers: Time for a “Paycheck Checkup” If you work a seasonal or part-year job, a “paycheck checkup” can help make sure your employer is withholding the right amount of tax from your paycheck for your situation. A “paycheck checkup” is important after changes from the Tax Cuts and Jobs Act. Taxpayers can use the…
Grandparents Caring for Grandchildren Should Check Their Eligibility for EITC IRS Tax Tip 2018-10 Grandparents who work and are also raising grandchildren might benefit from the earned income tax credit. The IRS encourages these grandparents to find out if they qualify for this credit. This is important because grandparents who care for children are often…
What Members of Military Should Know about the Earned Income Tax Credit IRS Tax Tip 2018-12 The IRS reminds members of the military and veterans that they may qualify for the earned income tax credit. This credit benefits certain people who work and have earned income that’s less than $53,930. A tax credit usually means…
Dangerous W-2 Phishing Scam Evolving; Targeting Schools, Restaurants, Hospitals, Tribal Groups and Others IR-2017-20, Feb. 2, 2017 WASHINGTON — The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to…