Larry Simpson

Author's posts

What Should You Do If Your Tax Identity Has Been Stolen!

File as soon as possible. When it comes to filing taxes, those who put it off until the last minute face greater risk. Fraudsters may try to claim a refund using your identity before you have a chance to submit a legitimate claim. Remember, this is not YOUR refund, but a made up refund using …

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Are You Expecting a Tax Refund?

For the average person, a tax refund check can end up being equivalent of two paychecks. This amount of money can serve many purposes for the typical household: it can pay an extra mortgage payment or two, pay off a few credit cards, or it can be enough money to take that much-needed vacation. But …

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Beware IRS Scammers!

The pervasive IRS impersonation phone scam has claimed nearly 3,000 victims who have collectively paid over $14 million, according to a new warning from the Treasury Inspector General for Tax Administration (TIGTA). TIGTA has received reports of roughly 290,000 contacts from scammers with taxpayers since October 2013. In the scam, taxpayers receive unsolicited telephone calls …

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Choosing a Tax Professional

A tax return preparer is trusted with your most personal information. They know about your marriage, your income, your children and your social security numbers – the details of your financial life. Each year some taxpayers are hurt financially because they choose the wrong tax return preparer. Anyone can be a paid tax return preparer …

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When Dealing with the IRS is Less Than Smooth

Sometimes dealing with the Internal Revenue Service goes smoothly. Yet there are times within this agency when it seems one hand doesn’t know what the other hand is doing. And this year, when budget cuts have resulted in poor customer service, resolving the issue can be stressful and take much longer than anticipated. We received …

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