What the Inflation Reduction Act Could Mean for Taxpayers
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What the Inflation Reduction Act Could Mean for Taxpayers

The Internal Revenue Service is at last going to get the extra budget that has been lacking to process tax issues. The Inflation Reduction Act calls for providing almost $78 billion to the IRS over the next 10 years. Following extensive talks over the general spending bundle, the Senate passed the bill recently, sending the…

IRS Warns to Not Be a Victim to “Ghost” Tax Return Preparers
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IRS Warns to Not Be a Victim to “Ghost” Tax Return Preparers

With each annual tax filing season, the Internal Revenue Service reminds taxpayers to avoid unethical “ghost” tax return preparers. What are ‘Ghost’ Tax Return Preparers According to the IRS, a ghost preparer does not sign a tax return they prepare. Unscrupulous ghost preparers will print the return and tell the taxpayer to sign and mail…