Many Bitcoin, Cryptocurrency Owners Not Reporting Holdings On Their Taxes, Report SaysAccording to Credit Karma, less than 100 people out of 250,000 who have filed their 2017 taxes through the company have reported buying cryptocurrency.
Man Sentenced In IRS Impersonation ScamThe scam resulted in some $588,000 in wired funds taken from 547 people.
Bristol Woman Pleads Guilty In IRS Impersonation ScamA Connecticut woman has pleaded guilty to a conspiracy charge related to her involvement in an IRS impersonation scam that impacted more than 500 people between the U.S. and Canada.
How To Find The Right Tax Professional For All Your Tax NeedsWhen it comes time to choose a tax professional, there are many things that a tax payer needs to understand. Here are some basic questions to ask and details to learn before hiring someone to take care of your income tax preparation needs.
What Are The "Dirty Dozen" Tax Scams & How Can You Avoid Them?Here are the latest 12 common tax scams that the IRS is warning you about this year.
Extra Days To File: Tax Day 2016 Is Not April 15thTax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
Tax Tips: What You Need to Know About Write Offs And DonationsKnowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
IRS Says Phone Scam This Year Is Largest EverPolice in a number of Connecticut communities report receiving calls from residents of their towns who have received calls purporting to be from the Internal Revenue Service in what the agency says is the largest scam of its kind in the history of the IRS.
Exchange Says No Evidence of Criminality But Backpack Probe OngoingDespite an ongoing criminal investigation by federal and local authorities, officials from Connecticut's health insurance exchange said Thursday they believe a call center employee mistakenly left behind a backpack containing clients' personal information and had no intent to misuse the information.
What Procrastinators Need To Know About Filing Their TaxesAccording to the IRS, 20 to 25 percent of Americans wait until the last two weeks before the deadline to file their taxes. If tax time snuck up on you this year, here are a few tips to help you file.
IRS Has Millions For Connecticut TaxpayersNearly 12,000 Connecticut taxpayers may have refunds due them from the IRS.