by idei | Apr 16, 2025 | TaxBiz
As tax season approaches, the Internal Revenue Service (IRS) has issued an urgent warning about new tax fraud and tax scams schemes featured in its annual “Dirty Dozen” list. This year, scammers have refined tactics ranging from social engineering to...
by idei | Apr 10, 2025 | TaxBiz
Tired of losing receipts or shuffling through piles of paper when you need one? Transform your iPhone into a professional scanner with these free apps that will help you organize your expenses and prepare for tax season. Digitizing your receipts allows you to go...
by idei | Apr 3, 2025 | TaxBiz
The IRS warns that roughly $1 billion in tax refunds from fiscal year 2021 could end up in the U.S. Treasury if more than 1.1 million Americans don’t act soon. These refunds are for those who did not file their Federal Tax Return (Form 1040) for 2021, the taxes that...
by idei | Mar 27, 2025 | TaxBiz
Tax season is here, and many taxpayers are worried about potential refund delays following President Trump’s announcement of significant IRS staff cuts during this critical period. Tax experts confirm these concerns are valid and recommend filing as early as...
by idei | Mar 19, 2025 | TaxBiz
The Internal Revenue Service (IRS) has announced that it has issued more than $100 billion in tax refunds to taxpayers so far this filing season. A tax refund represents a reimbursement to taxpayers for any excess amount paid in taxes to the federal or state...
by idei | Mar 14, 2025 | TaxBiz
In 2022, the average American spent approximately $12,914 on healthcare, according to data from the Centers for Medicare & Medicaid Services (CMS). A Health Savings Account (HSA) is a valuable tool to help manage and reduce these costs. An HSA is a specialized...