Thursday, 16 August, 2018

Tax return deadline set for April 18 this year

Tax return deadline set for April 18 this year Tax return deadline set for April 18 this year
Orlando Vargas | 12 April, 2017, 10:16

The IRS is alerting consumers to a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country. Additional expenses that you pay at closing - including prepaid interest or points - may be tax-deductible, if they're not already included on your Form 1098 that reports home mortgage interest, said Lisa Greene-Lewis, a TurboTax tax expert. Victims may be threatened with arrest, deportation or suspension of a business or driver's license. In many cases, the caller becomes hostile and insulting.

"This scam has hit taxpayers in almost every state in the country".

"The extended deadline should be welcome news for those taxpayers who haven't yet completed this important obligation", said Acting Commissioner Nonie Manion. Or pay by credit card.

Remember, you do not have to like the IRS to "like" the IRS.

Last week, the IRS warned of a surge in phony emails with subject lines like "e-Service Account is Blocked" that try to dupe tax professionals into turning over their log-in credentials.

Callers claim to be employees of the IRS, using fake names and bogus IRS identification badge numbers.

The IRS reminds seniors to remain alert to aggressive and threatening phone calls by criminals impersonating IRS agents.

South Korea test fires 800km-range missile
But according to one White House official, Trump is not ruling anything out when it comes to dealing with Pyongyang. The two leaders also " agreed to stay in close communication to enhance cooperation on North Korea ".


President Trump misses annual AIPAC conference
Soon after Trump took office, Netanyahu announced that Israel would establish the first new settlement in some two decades. The Palestine Liberation Organization has said it will revoke its recognition of Israel if the embassy is moved.


North Korea fired medium-range ballistic missile
North Korean state media said the "Pukguksong-2" missile is a surface-to-surface missile that can carry nuclear warheads. Pacific Command detected and tracked what we assess was a North Korean missile launch at 11:42 a.m.


Q. Does the IRS offer tax relief for disaster victims?

If you get a call like that, hang up immediately. An extension will give you extra time (final due date will be October 16) to get your paperwork to the IRS, but it doesn't extend the time you have to pay any tax due - those are still due on April 18.

An extension may be the only valid option if you do not yet have all the information you need to prepare your return.

"You're going to see a multitude of people coming into the tax offices over the next week - week and a half", Clark added.

The complaint alleges that Draper, who prepares returns through her business Unlimited Fashion located at 245 Moreau St.in Simmesport, prepares returns that fraudulently understate her customers' income tax liabilities and/or overstates the refunds they are entitled to receive. @IRSnews provides useful tax updates and helpful tips to individual taxpayers. What can taxpayers do to protect their financial future? This includes any type of electronic communication, such as text messages and social media channels. -This tool's tracker displays progress through three stages: Return Received, Refund Approved and Refund Sent.

The goal is to trick someone into opening a link or attachment so ID thieves can steal user credentials.

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