False Tax Credit Claims Tied to Social Media

IRA Assesses $162 Million in Penalties The IRS is warning taxpayers about an increasing wave of scam tax schemes spreading across social media, which encourage the improper use of credits like the Fuel Tax Credit and the Sick and Family Leave Credit. These frauds have...

Did You Miss The IRS Tax Filing Deadline?

The IRS offers resources for taxpayers who missed the April 2025 federal income tax filing deadline and owe taxes, interest, and penalties. If you’ve missed the IRS tax filing deadline, it’s important to act promptly to minimize any potential penalties and...

IRS Announces Stable Interest Rates for Third Quarter of 2025

Washington — The Internal Revenue Service announced that interest rates for tax overpayments and underpayments will remain unchanged for the calendar quarter beginning July 1, 2025. For individual taxpayers, both the rate for overpayments (receiving a refund from the...

Protect Important Records

You Never Know When A Disaster Might Occur Disaster preparation season kicks off soon with National Wildfire Awareness Month in May and National Hurricane Preparedness Week, May 4-10. Be Prepared The IRS emphasizes the importance of preparation. With 12 major disaster...