Category Archives: consumer laws

Beware of Bogus IRS Emails

Issue Number:    IRS Tax Tip 2013-19 Inside This Issue The IRS receives thousands of reports every year from taxpayers who receive emails out-of-the-blue claiming to be from the IRS. Scammers use the IRS name or logo to make the message appear … Continue reading

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Social Security Benefits and Your Taxes

Issue Number:    IRS Tax Tip 2013-24 Inside This Issue Some people must pay taxes on their Social Security benefits. If you get Social Security, you should receive a Form SSA-1099, Social Security Benefit Statement, by early February. The form shows the … Continue reading

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IRS Intensifies National Crackdown on Identity Theft

Issue Number:    IR-2013-17 Inside This Issue WASHINGTON – Continuing a year-long enforcement push against refund fraud and identity theft, the Internal Revenue Service today announced the results of a massive national sweep in recent weeks targeting identity theft suspects in 32 … Continue reading

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Missing Your W-2? Here’s What to Do

Inside This Issue It’s a good idea to have all your tax documents together before preparing your 2012 tax return. You will need your W-2, Wage and Tax Statement, which employers should send by the end of January. Give it … Continue reading

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Additional Protection for US Consumers

President Obama wants to create the Consumer Financial Protection Agency.  The purpose of the agency is to protect consumer credit and their banking transactions.  Additionally, The Federal Reserve Bank will have the added responsibility of supervising large financial institutions and … Continue reading

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IRS Offers Tips to Reduce Big Refunds and Prevent Tax Bills

Issue Number:    IRS Summertime Tax Tip 2012-22 Inside This Issue The Internal Revenue Service reminds taxpayers that it’s not too late to adjust their 2015 tax withholding to avoid big tax refunds or tax bills when they file their tax return … Continue reading

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New IRS YouTube Video – How to Check on Your Refund

  Issue Number:    Special Edition IRS Tax Tip 2013-06   With the April 15 tax filing deadline approaching, the Internal Revenue Service created a new YouTube video to provide taxpayers more details and tips to check on their tax refund. The … Continue reading

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Four Things You Should Know if You Barter

Issue Number:    IRS Tax Tip 2014-26 Inside This Issue Bartering is the trading of one product or service for another. Often there is no exchange of cash. Small businesses sometimes barter to get products or services they need. For example, a … Continue reading

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Eight Tax Benefits for Parents

Inside This Issue Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing taxes this year. 1. Dependents. In most cases, … Continue reading

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Five Important Tips on Gambling Income and Losses

Issue Number:    IRS Summertime Tax Tip 2012-24 Inside This Issue Whether you roll the dice, bet on the ponies, play cards or enjoy slot machines, you should know that as a casual gambler, your gambling winnings are fully taxable and must … Continue reading

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