The only thing worse than owing a tax bill: owing even more when the IRS tacks on penalty charges. The IRS has many ways to collect extra money. There are tax penalties for: Not having health insurance. Filing what the IRS considers a frivolous tax return. A variety of retirement account actions or inactions. Most… Read More
WASHINGTON, DC (October 21, 2015) The Internal Revenue Service has a warning for many Americans (and it’s not about paying your taxes). Instead, the agency has tips on how to protect yourself from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or say you have a refund… Read More