Those looking to help the victims of the recent mass-shooting in Orlando are urged to beware of possible fake charity scams. The Internal Revenue Service says it’s common for scammers to take advantage of people’s generosity following these types of events. Continue reading
The Internal Revenue Service is warning taxpayers about another phone scam, this one targeting students. A caller claiming to be from the IRS demands payment for a “Federal Student Tax,” threatening to report students to the police if they don’t wire money immediately. Not only are these scammers not from the IRS, the “Federal Student Tax” doesn’t even exist. Continue reading
The Internal Revenue Service is now offering taxpayers the option to pay in cash at 7-Eleven locations. The IRS says it’s partnering with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company to provide the service. It lets people make payments without the need of a bank account or credit card at over 7,000 7-Eleven stores nationwide, including locations in South Bend, Mishawaka, and Griffith. Continue reading
Scammers are now taking a more polite approach in their efforts to steal personal and financial information. That’s according to the Internal Revenue Service. In the last few weeks, the IRS has been getting reports of a phone scam, in which callers pretend to verify tax return information. Continue reading
Scammers looking to steal personal and financial information are now targeting payroll departments this tax season. The Internal Revenue Service says scammers are sending out e-mails to payroll and human resources professionals claiming to be their company’s CEO. Continue reading
If you need help preparing your taxes, the Internal Revenue Service has issued a reminder that there are some free resources available. Continue reading
Authorities in LaPorte say a 63-year-old woman lost nearly $5,500 in an IRS phone scam. She told police she received several telephone calls from a number with a 916 area code but did not answer them. Continue reading
Tax refund fraud is predicted to soar again this year. The Internal Revenue Service expects it to reach $21 billion. Now that tax filing season is here, Hoosiers and taxpayers across the country are getting calls from scammers claiming to be with the IRS. Mandla Moyo with AARP Indiana says such scammers prey on people’s fears and count on the fact they will take an official-sounding telephone call seriously. Continue reading
The Internal Revenue Service is warning taxpayers to be on the lookout for tax scams as filing season gets underway. These include phishing scams where criminals send emails while posing as banks, tax software companies, or government agencies, in order to get money, passwords, or social security numbers. Continue reading
Starke County residents may be able to get some free help preparing this year’s income taxes. The Henry F. Schricker Public Library in Knox is hosting a Volunteer Income Tax Assistance (VITA) program. Continue reading
The Internal Revenue Service is looking to help more middle income households file their tax returns for free.
This year, the Free File Alliance and the IRS have re-launched the Free File program. For 2016, there are 13 tax software providers that have made their federal tax return products available for free.
With tax season approaching, Indiana State Police are warning residents to be on the lookout for phone scams. Callers claiming to be from the IRS but often having foreign accents tell residents they may face a lawsuit or imprisonment if they don’t immediately send money for what they say is a delinquent tax bill. Then, they demand personal information to try to steal the recipient’s identity. Continue reading
If you’re still planning on making some year-end gifts to charity, the IRS has some tips for properly deducting them from this year’s taxes. Continue reading
Scammers posing as IRS agents have separated unsuspecting victims from upwards of $20 million over the past few years, according to federal officials. They may call, email or send a letter threatening arrest, deportation or license revocation unless immediate payment of back taxes is made. Continue reading
Hoosiers may be familiar with the scam if they receive a call from the IRS demanding payment for past-due taxes. According to the Attorney General’s office, scammers might threaten arrest and jail time if payment is not received. Investigators largely say victims take drastic steps, fearing possible IRS action.
Federal and state income tax returns need to be filed tomorrow. Michelle Bachtel with H&R Block says you have options if you owe and are not able to pay. She adds the most important thing is not to panic
“If you can’t pay the full amount by April 15, just pay what as much as you can,” Bachtel said. “Even though interest will accrue on the amount owed, you’re not going to be arrested, and they’re not going to come knock on your door and seize your home.” Continue reading
If you haven’t filed your taxes yet, time is running out. Federal and state income taxes are both due Wednesday, April 15. Michelle Bachtel from H&R Block in Knox says you need to have personal information for everyone on your return handy before you start. This includes Social Security numbers, birth dates and full legal names as registered with the Social Security Administration. You will also need documentation of all of your income from wages, tips, savings, investments, retirement, rental property, self-employment or farming. Continue reading
Federal and state income taxes are due in eight days. Michelle Bachtel from H&R Block in Knox says it’s important not to exclude any sources of income.
“Pretty much all income, whether it’s reported or not reported, is taxable unless the law specifically excludes it,” Bachtel said. “This includes non-cash income from things like bartering or exchanging of assets. Both parties are expected to include the fair market value of the item or services they received as income on their tax returns.” Continue reading