by ezTaxReturn Expert Staff | Jun 5, 2023 | IRS & Government
Reading Time: 2 minutesScammers sometimes use stolen Social Security numbers to file fraudulent tax returns and collect refunds. To prevent this, the IRS scans every tax return for signs of fraud. If the system finds a suspicious tax return, the IRS reviews the return...
by ezTaxReturn Expert Staff | May 19, 2023 | Tax Tips & Planning
Reading Time: 2 minutesThe Internal Revenue Service has a relatively modest staff, considering its function and mission. That being the case, the federal agency has a tough job pursuing millions of American taxpayers for what they owe but won’t pay. Estimates of...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
Reading Time: 3 minutesFor buyers in many parts of the country, the cost of buying a home began to climb in the middle of 2022. They experienced relentless pressure not only from an increase in home prices but also from a 2 percent elevation in mortgage rates that...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
Reading Time: 3 minutesAs the tax-filing season gets underway, you likely have much to worry about. From concerns about a potential audit of your finances to worries about the size of your refund to concerns that you might actually owe the IRS some money, you already...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
Reading Time: 3 minutesAmerican taxpayers owe about a half-trillion dollars in unpaid taxes. If the IRS were to be successful in collecting all of it, it would slash the federal deficit by half. For this reason, the IRS tends to vigorously go after taxpayers who...