Tax fraud is on the rise—and it can cause serious financial delays and emotional stress, especially if someone files a return in your name and claims your refund. The good news? A few simple precautions can go a long way in protecting your identity and your refund.At...
Tax fraud is more common than most people realize—and it’s not limited to identity theft or shady preparers. Every year, scammers use increasingly sophisticated methods to steal personal and financial information, file false returns, or demand fake payments.At Walker...
Tax season can feel overwhelming, and it’s easy to make mistakes that could lead to IRS issues, penalties, or missed refunds. Avoiding these common errors can help you file confidently and accurately.1. Failing to File a Tax ReturnEven if you don’t owe taxes,...
Secret #1: You Might Qualify for Penalty ReliefThe IRS has over 148 different types of penalties they can charge—and it doesn’t stop there. The IRS can also add interest and additional penalties on top of the original penalty. It adds up fast.Here’s what most people...
1 in 9 Americans Are Facing Tax Problems — You’re Not AloneWith over 74,000 pages of ever-changing tax code and IRS regulations, it’s no surprise that so many people feel overwhelmed. Navigating this complex system alone can be stressful, time-consuming, and risky.But...
Tax credits are among the most effective tools for reducing your tax liability. Unlike deductions, which lower your taxable income, tax credits provide a direct dollar-for-dollar reduction in the amount of tax you owe. In many cases, they can even generate a...
