Blog
How Scammers Are Posing as the IRS
Safeguarding your client's personal and financial information is essential. Identity thieves are increasingly sophisticated, employing various tactics to impersonate the IRS and deceive taxpayers into divulging sensitive data. As a tax preparer, understanding these tactics and educating your clients about genuine IRS...
Beware Of A New Clean Energy Tax Credit Scam
With so much at stake, it's crucial to stay vigilant against emerging scams that target unsuspecting taxpayers. The latest Internal Revenue Service (IRS) alert highlights a new fraudulent scheme involving clean energy tax credits under the Inflation Reduction Act (IRA). This blog post will delve into the details of...
Misleading Social Media Advice And The Fuel Tax Credit
The Internal Revenue Service (IRS) has issued alert IR-2024-139, highlighting a rise in tax scams and misleading social media advice that have resulted in inflated refund claims. As a tax preparer, it’s crucial to stay informed about these fraudulent activities to safeguard your clients. Here is a comprehensive...
Summer Camps And The Child and Dependent Care Credit
When school's out on break, parents often face the challenge of finding suitable care for their children. As a tax preparer, you have the opportunity to inform your clients about a valuable tax credit that can help ease the financial burden of day camp expenses: the Child and Dependent Care Credit. This credit can...
Navigating Disaster Tax Relief
In the wake of natural disasters, tax return preparers play a pivotal role in guiding clients through the complexities of disaster tax relief. Understanding the intricacies of these provisions is crucial for ensuring that affected taxpayers receive the necessary support and relief. This blog aims to provide an...