Tax season wraps up, IRS scams increase

Share
Tax season wraps up, IRS scams increase

52, and Kyna Felder-Ruiz, 35, were indicted Wednesday on multiple charges accusing them of filing dozens of fraudulent tax returns that inflated their clients refunds, dating to 2012.

Low income earners can get help filing their tax returns for free. A tax extension gives you an additional six months to file your taxes. They said those instructions came from a co-owner of Fast Tax in Winston-Salem. If you haven't filed yet, experts say you need to file for an extension.

H&R Block senior tax analyst Crystal Hartman said 1 out of 3 tax returns are prepared in the last week of filing season.

Officials say a tax extension is an extension of time to file, not an extension of time to pay.

Credit Karma Tax GM explained that there is a "good chance that the perceived complexities of reporting cryptocurrency gains are pushing filers to wait until the very last minute".

On Tuesday, the IRS alerted consumers to a new email tax scam. So even if you owe more than you can pay right now, file your return and contact the IRS to set up a payment plan. Go back and look at what you paid in taxes past year, including both withholdings and any payments you made (including estimated quarterly payments as well as payments you made last April).

Of course, the sooner you file the sooner you get your refund, if you're due one. While this is nearly certainly smaller than the actual number of people experiencing these events, it may not be an accurate comparison for the 2017 tax year because of the vast differences in popularity of the cryptocurrency space between those periods.

However, if you can't find a way to pay - file anyway.

Share

Advertisement

Related Posts

Bartolo Colon Loses Perfect Game In Eighth Inning
Colon took a flawless game into the eighth inning before doling out a walk and then allowing a double to Josh Reddick . Colon was masterful with his comeback two-seamer on the night, and didn't really throw much else but the fastball.

China's trade behavior: Letter to the editor
Communist China has stolen billions of dollars of proprietary business and military research from America via cyber espionage. The working groups discussed the possibility of aligning the Make in India Initiative and Made in China 2025.

Whatsapp Enables Re-download of Deleted Media on Android Devices
WhatsApp on Android will let users re-download old images and videos that might have been deleted from the user's mobile storage. WhatsApp has rolled out a new feature wherein users will be able to re-download the files that were deleted from the phone.

U.S. troops not leaving Syria until goals accomplished: Haley
French President Emmanuel Macron spoke with Russian President Vladimir Putin on Friday, hours before the Western missile strikes. The United States, the UK and France said the strikes were a response to an alleged chemical weapons attack in Syria's Douma.

2-day-old baby girl flushed down toilet
Seeing the colour of the blood, the domestic worker mistook it for muddy water, ' the cops were quoted as saying by the TNM. On Friday afternoon, as the plumbers were cleaning the toilet, they noticed a head of the infant which was stuck in duct.

.Jammu NRG11 JK-PROTEST-BJP JKNPP demands resignation of BJP ministers
Both the ministers had maintained yesterday that they had been sent by the party to Kathua to understand the ground situation. A group of lawyers also tried to stop the police from filing a charge sheet against the accused.

Chelsea achieve 15-year first to save Conte blushes against Southampton
"I'm very disappointed for the first half, and I'm the first to take fault for it, but in the second my players deserve credit". Super Eagles forward Victor Moses was introduced for Eden Hazard with four minutes left in the game.

Margaret River surfing competition on hold after shark attack
Opposition Leader Mike Nahan said the attack would make worldwide news because of the Pro event. A man, aged in his 30s, has been bitten by a shark in Gracetown in Western Australia's south.

'Vegas Strong' runners preparing for Boston Marathon
Security at the marathon was heightened after the bombings, police say they are ready for Monday's race. General view of the pack of elite women near the start of the 2017 Boston Marathon.

Two polls show Trump approval below 40% and Democratic excitement for 2018
The guided missile cruiser USS Monterey fired a Tomahawk missile in the US 5th Fleet area of operations on April 14, 2018. According to the NBC/WSJ poll, Democratic voters are also more enthusiastic about heading to the polls in November.

© 2015 ExpressNewsline. All Rights reserved.