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Taxpayers and tax pros should learn about these common tax scams

While scammers work hard during tax season to try to steal money, personal information and data, they also stay busy the rest of the year. Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, personal information or client data. Social media: Fraudulent form filing…
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Unscrupulous tax preparers may tempt taxpayers into fraud

Unscrupulous tax preparers and tax fraud promoters make big promises – and charge high fees – but taxpayers are legally responsible for what's on their return. Taxpayers should use only reputable tax professionals and know what is on their tax return. Although scammers are most active during filing season, they operate year-round, and taxpayers should…
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An Offer in Compromise can help certain taxpayers resolve tax debt

When a taxpayer can't pay their full tax liability or if paying would cause financial hardship, they may want to consider applying for an Offer in Compromise. This agreement between a taxpayer and the IRS settles a tax debt for less than the full amount owed. The goal is a compromise that’s in the best…
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How to Settle Your Debt With the IRS on Your Own

Here is a video tax tip from the IRS: How to Settle Your Debt With the IRS on Your Own English Subscribe today: The IRS YouTube channels provide short, informative videos on various tax related topics in English, Spanish and ASL.
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