Category Archives: IRS Video

IRS Warns of New Phone Scam Involving Bogus Certified Letters; Reminds People to Remain Vigilant Against Scams, Schemes this Summer

The following article was published by the IRS. The Internal Revenue Service today warned people to beware of a new scam linked to the Electronic Federal Tax Payment System (EFTPS), where fraudsters call to demand an immediate tax payment through … Continue reading

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Getting Married?

Marriage is considered a major life-changing event, but it also changes how you file your taxes. If you are married by December 31st in any given year, that is your marital status for the entire year, according to the IRS. This … Continue reading

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Help for Requesting a Tax Filing Extension

No matter how well we plan, sometimes we find ourselves unable to file our taxes on time. If you find yourself in this situation, have no fear, help is available. You can get an automatic extension of six months by … Continue reading

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Knowing What Tax Records to Keep

The following YouTube video is from the IRS. Having your financial life organized is important, especially when it comes to your taxes. It not only makes tax preparation much easier, it also positions you better to respond to any IRS … Continue reading

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Employer Tax Withholding Responsibility

If you have employees who work for you, you must withhold income, Social Security, and Medicare taxes from their pay. Hold it in trust until you’re required to deposit it with the U.S. Treasury using the Electronic Federal Tax Payment … Continue reading

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Summer Day Camp Expenses

If you’re sending your children to summer day camp this year, the cost may help you qualify for a tax credit on next year’s tax return. Summer day camp expenses count toward helping you qualify for the Child & Dependent … Continue reading

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