From www.irs.gov: IRS Tax Tip 2014-19
Tax scams that use email and phone calls that appear to come from the IRS are common these days. These scams often use the IRS name and logo or fake websites that look real.
Scammers often send an email or call to lure victims to give up their personal and financial information. The crooks then use this information to commit identity theft or steal your money. Some call their victims to demand payment on a pre-paid debit card or by wire transfer. But the IRS will …
From www.IRS.gov
Did you discover that you made a mistake after you filed your federal tax return? You can make it right by filing an amended tax return.
Here are the top ten things to know about filing an amended tax return.
1. Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct errors on your tax return. You must file an amended return on paper. It can’t be e-filed.
2. You usually should file an amended tax return if you made an error claiming your filing status, income, deductions or credits on your original …
IRS Tax Tip
Many people who carry on a trade or business are self-employed. Sole proprietors and independent contractors are two examples of self-employment. If this applies to you, there are a few basic things you should know about how your income affects your federal tax return.
Here are six important tips about income from self-employment:
SE Income. Self-employment can include income you received for part-time work. This is in addition to income from your regular job.
Schedule C or C-EZ. There are two forms to report self-employment income. You must file a Schedule …
IRS Tax Tip
Taxes may not be high on your wedding plan checklist. But you should be aware of the tax issues that come along with marriage. Here are some basic tips that can help keep those issues to a minimum:
Name change. The names and Social Security numbers on your tax return must match your Social Security Administration records. If you change your name, report it to the SSA. To do that, file Form SS-5, Application for a Social Security Card. You can get the form on SSA.gov, by calling 800-772-1213 …
From www.IRS.gov: IRS Tax Tip
Some people must pay taxes on part of their Social Security benefits. Others find that their benefits aren’t taxable. If you get Social Security, the IRS can help you determine if some of your benefits are taxable.
Here are seven tips about how Social Security affects your taxes:
1. If you received these benefits during the year, you should have received a Form SSA-1099, Social Security Benefit Statement, showing the amount.
2. If Social Security was your only source of income in 2013, your benefits may not be taxable. You …