In December, the Internal Revenue Service announced a delay of one year in reporting the new $600 IRS tax law. This tax law requires online sellers and gig workers who have received over $600 annually on payment platforms like Cash App, Venmo, or PayPal to report the income using a 1099-K tax form. Previously, these… Read More

According to the IRS, tax fraud this season will hit a whopping $21 billion. For many fraudsters, tax season can mean intercepting important tax documents and fooling unsuspecting taxpayers to steal their money. Two scams have been gaining momentum in the U.S.: 1) Fraudsters take your tax documents, such as a W-2, and file a… Read More