Articles

What is virtual currency?

The IRS explains that virtual currency is treated as property for Federal income tax purposes and provides examples of how ...
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What taxpayers should do if they get an identity theft letter from the IRS

With identity theft on the rise, the IRS wants taxpayers to understand what they should do when they receive an ...
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Money received through ‘crowdfunding’ may be taxable

With the increasing popularity of crowdfunding, the IRS reminds taxpayers that crowdfunding activities may be taxable. What is Crowdfunding? Crowdfunding ...
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Reasons why some tax refunds filed electronically take longer than 21 days

Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and ...
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Taxpayers beware: Tax season is prime time for phone scams

The IRS reminds taxpayers to be aware that criminals continue to make aggressive calls posing as IRS agents in hopes ...
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Important mailings to watch for

Taxpayers to who received either the Advanced Child Tax Credit and/or the Third Economic Impact Payment in 2021 should be ...
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