How to Avoid Common Tax Mistakes That Could Lead to an Audit 

How to Avoid Common Tax Mistakes That Could Lead to an Audit 

Key Takeaways  Tax mistakes that could lead to an audit often involve reporting issues, such as failing to report all income, entering incorrect income amounts, or discrepancies between your tax return and...

  • 34
Fresh Start Program vs. Traditional Payment Plans: What You Need to Know

Fresh Start Program vs. Traditional Payment Plans: What You Need to Know

Key Takeaways   The IRS Fresh Start Program provides multiple relief options, including Offers in Compromise, penalty relief, and expanded installment agreements, to help taxpayers manage or reduce tax debt.  Traditional IRS payment plans allow taxpayers to...

  • 42
Tax Scams Targeting Seniors and Retirees 

Tax Scams Targeting Seniors and Retirees 

Key Takeaways  Senior citizens’ tax scams target retirees because of predictable income, accumulated savings, and perceived vulnerability to fear-based tactics.  The most common scams include IRS impersonation calls, Social Security Administration fraud, phishing emails or texts,...

  • 28