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Wednesday, nov 27
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Tax Preparation
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ALERT: Don't Let Sketchy Tax Preparer Rip You Off, IRS Warns
The IRS began accepting and processing 2020 tax year returns on Friday -- with a warning. Although most tax preparers deliver honest and professional service, “there’s a small number of dishonest preparers who set up shop during filing season to steal money and personal and financial information from clients,” said Michael Montanez, the special agent in charges of IRS Criminal Investigation’s Newark Field Office. Look no further than the results of some his squad’s year-round investigative work. The most recent example is Joseph Kenny Batts, a tax preparer in New Jersey who was sentence…
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PA Residents Who Use Tax Prep Companies Could See Delayed Stimulus Checks
Pennsylvania residents who use tax preparation companies to file taxes might have to wait a little longer for their stimulus checks, state officials said. Tax preparation companies, like H&R Block and Intuit, use temporary bank accounts when they assist with filing tax returns, Attorney General Josh Shapiro explained. Unfortunately, the IRS used that information to issue stimulus checks, and therefore, some of the checks have been held up. "If you’re eligible for a stimulus check and haven’t received one, you can call the IRS or visit their website to file a complaint," Shapiro said. …