Watch out for tax scams ahead of April deadline

Postado Abril 16, 2018

More than $70 million in Florida tax dollars are still waiting to be claimed, four years later.

For the 2015 tax year, the IRS indicated that only 802 people had included cryptocurrency gains or losses in their tax filings.

If you are unsure how much you owe in taxes, here's some math to figure out what to pay now. If you're married filing jointly and your adjusted gross income is less than $150,000, just make sure that this year's withholdings plus payments equal the same as last year. The IRS reminds taxpayers many financial institutions do not process payments on weekends or holidays, which can affect when refunds reach taxpayers.

A retired New Jersey State police trooper and a current Plainfield firefighter who together own an arena football team in Trenton fleeced the government for years while working as tax preparers, federal authorities alleged Friday. But previous debts to the IRS last until they are fully paid. They face at least three years in prison plus restitution. If a person has an asset they could put up as collateral, such as home equity, a secured loan could provide even lower interest rates. The agency has information here about what you need to do to file for a tax extension. While this is nearly certainly smaller than the actual number of people experiencing these events, it may not be an accurate comparison for the 2017 tax year because of the vast differences in popularity of the cryptocurrency space between those periods. Go back and look at what you paid in taxes past year, including both withholdings and any payments you made (including estimated quarterly payments as well as payments you made last April).