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Debunked IRS myth – Taxpayers file late and do not pay their taxes (Wrong: 98% of tax revenue is voluntary)

From the Issue Number: CL-2021-17, the IRS featured the IRS Commissioner, Charles Rettig, discussing how taxpayers who file and pay on time play a vital role in the tax system. “More than 98 percent of the tax revenue collected by the IRS comes in voluntarily from taxpayers. When you do your part by filing your

By |2021-05-19T20:04:56+00:00May 19th, 2021|Categories: Business, Individuals|Tags: , , , |

All taxpayers are now eligible for identity protection PINs

The IRS shared this morning Tax Tip 2021-07 - All taxpayers are now eligible for identity protection PINs. The Identity Protection PIN is a six-digit code known only to the taxpayer and to the IRS. It helps prevent identity thieves from filing fraudulent tax returns using a taxpayers' personally identifiable information. Here are a few

By |2021-01-26T18:06:53+00:00January 26th, 2021|Categories: Individuals|Tags: , , , , |
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