The IRS WON’T Call You Out of The Blue: Beware of Scammers

Brian SingletonBlog, Watch Your Wallet

This was posted to a CPA mailing list we follow: The IRS scammers were in full force last week in our small corner of the universe. By noon on Thursday, they had called my house twice, I had 6 calls to the office with scared clients, and the 911 operators received 25 calls from very worried people. That afternoon I had more anxious callers. Yesterday, at church, I had a line of folks asking me if they should come to … Read More

Hold On to Your Tax Returns

Brian SingletonBlog, Watch Your Wallet

You should always keep a copy of your tax return for your records. You may need copies of your filed tax returns for many reasons. For example, they can help you prepare future tax returns. You’ll also need them if you have to amend a prior year tax return. You often need them when you apply for a loan to buy a home or to start a business. You may need them if you apply for student financial aid. If … Read More

Identity Theft and your Taxes

Brian SingletonBlog, Watch Your Wallet

Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. It presents challenges to individuals, businesses, organizations and government agencies, including the IRS. Learning that you are a victim of identity theft can be a stressful event and you may not be aware that someone has stolen your identity. In many cases, the IRS may be the first to let you know you’re a victim of ID theft after … Read More