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Fake IRS Agents are Coming for Your Money – Here's How to Spot Them
Due to AI advancements, spotting fraud is getting tougher, but there are key signs to watch for. Read more here to learn how to identify deepfakes through clues such as unnatural voice quality, odd phrasing and inflections, and so much more.
IRS – UPDATES ON THE DIGITAL ASSETS QUESTIONS; TAXPAYERS SHOULD CONTINUE TO REPORT ALL DIGITAL ASSETS INCOME
The Internal Revenue Service reminded taxpayers today that they must again answer a digital asset question and report all digital asset-related income when filing their federal income tax returns for fiscal year 2022, just as they did for fiscal year 2021. The term "digital assets" has replaced the term "virtual currencies," a term used in previous years
KNOW WHAT'S DEDUCTIBLE AFTER BUYING THAT FIRST HOME, SWEET HOME
When it comes to home ownership, the IRS considers a home to be a house, condominium, cooperative apartment, mobile home, houseboat, or house trailer that contains a sleeping space, toilet, and cooking facilities.
HOW AN IRS CHANGE COULD HURT YOUR HEIRS
The IRS is weighing a change that could leave your heirs poorer than you might hope.
IRS raises limits for ABLE ACCOUNTS:
For the first time in four years, the amount of money that people with disabilities can save without jeopardizing eligibility for government benefits is rising