The amount of identity theft cases continues to increase each year and could even affect your tax return and/or refund. Identity thieves will use another individual’s social security number in order to file a false tax return to claim a … read more
Financial headlines in the last several years have been filled with stories of investors whose losses have occurred as a result of Ponzi Schemes. In 2009 the U.S. Securities and Exchange Commission identified 20% of the fraud cases they investigated … read more
As a follow up to the Impact of Tax Fraud and Tax-Related Identity Theft blog that we posted in September, there is some new news in this area. The IRS issued a newswire that explains how they have been working … read more
It’s sad but true. Following major disasters and tragedies, scam artists impersonate charities to steal money or get private information from well-intentioned taxpayers. Fraudulent schemes involve solicitations by phone, social media, email or in-person. Scam artists use a variety of … read more
National Taxpayer Advocate Nina E. Olson recently released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will focus on during the upcoming fiscal year. The report expresses particular concern about the taxpayer impact of … read more
Recently the IRS came out urging taxpayers to avoid becoming victims of tax scams. The IRS has noted an increase in tax-return-related scams lately. These scams usually involve taxpayers who normally do not have to file a return, but are … read more
The 2010 U.S. Census has begun. If a census worker comes to your door protect yourself by remembering these facts (provided by the Better Business Bureau): U.S. Census workers will have a badge, a handheld device and a confidentiality notice … read more
Recently the IRS came out and reminded taxpayers to be aware of and avoid potential new identity theft scams that use the IRS name, logo or website in an attempt to convince taxpayers that they are receiving a genuine communication … read more
There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne, LLP we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.
Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!
- Going to School? Get a Break with the American Opportunity Tax Credit
- Student Loan Interest: Can Tax Law Keep Up?
- You’re the Lucky Winner! Well, Sort of. Taxation of Prizes and Awards
- London Embassy Makes Applying for an ITIN a Little Easier
- Taxes and International Boycott Operations
- Record Retention: When to Hold ‘Em and When to Fold ‘Em
- Received a Notice from the IRS or a State…Now What?
- Proceed with Caution When Helping Children Purchase a Home
- Tax Aspects of Employee Terminations
- Whose Property Is It?