Tax Warrior Chronicles

Beware of COVID-19 Scams and CARES Act Economic Impact Payment Update

Posted on Thu, Apr 09, 2020

UPDATED APRIL 24, 2020 for mailing dates of checks.

 

As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Congress provided financial relief for many taxpayers with the introduction of a 2020 tax credit to be advanced to eligible taxpayers as “Recovery Rebates” (also referred to as Economic Impact Payments). These rebates will be issued as cash payments by the IRS and are expected to begin in April 2020.  Without missing a beat, scammers jumped on the opportunity to use Recovery Rebates as a cover to steal money and personal information from hard working families for financial gain. Read on for more information about the recovery rebates and how to avoid related

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Knock, Knock. Who’s There? The IRS!

Posted on Thu, Jan 16, 2020

By: Eric R. Elmore

 

There’s a knock at the door. It’s not your Aunt Rosie, it’s not your poker buds and it’s not Junior who forgot his key.  It’s the IRS…unannounced!  Yes, this is now a possibility.  The IRS recently promulgated a policy for visiting certain taxpayers without prior notice. Sound scary? It could be; read on for the details.

 

First, a visit will occur only if you have an ongoing issue with the IRS, such as unfiled returns or significant taxes owed. Further, the visits will typically occur after the issue(s) has not been resolved through many attempts to contact you via mail. Visits will be focused in communities where there are a limited number of revenue officers

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