What the Tech? How to Avoid Having Your Tax Refund Check Stolen
The IRS says about 20% of taxpayers still get refund checks through the mail, which puts them at risk of having them stolen. But you can protect yourself.
IRS
On Your Side: Look for IRS Letter Regarding Child Tax Credit Before Filing Your Taxes
The IRS is urging families to look for a letter regarding last year’s child tax credit before filing their 2021 tax return.
City of Marion Bank Accounts Frozen by IRS
From the West Alabama Newsroom –The city of Marion and its employees are breathing a sigh of relief after narrowly averting a Thanksgiving holiday catastrophe.
Wetumpka Woman Sentenced for Embezzlement, Failing to Pay Taxes
The U.S. Attorney’s Office for the Middle District of Alabama has announced that a Wetumpka woman has been sentenced to 22 months in prison for embezzling nearly $400,000.00 from her employer and failing to pay taxes.
File 2020 Tax Return to Receive Missing Stimulus Check
If a person is missing their first or second EIP, they need to file a 2020 tax return with the IRS and claim the 2020 Recovery Rebate Credit (RRC) as soon as possible.
What the Tech? Beware of Scammers Wanting Your Stimulus Check
If you haven’t done it already, you can go to the IRS website to search for when your stimulus check will be mailed out. Enter your address, birth date and social security card number and the website will show you. Many are in the mail right now. And because of that, your phone may be ringing off the hook from…
Alabama Has Received Nearly 2 Million Economic Impact Payments Worth Over $3.4B
The U.S. Department of the Treasury and IRS today announced that nearly 130 million Americans have received Economic Impact Payments, worth more than $218 billion, in less than five weeks. These totals do not include the more than $2.5 billion delivered to U.S. territories for payment to territory residents. Individuals in Alabama have received 1,996,007 Economic Impact Payments (EIPs) worth…
Concern IRS Rule Could Impact Private School Scholarships
Advocates of a state-supported private school scholarship program are concerned that donations could drop under proposed new IRS rules. The program, known as the Alabama Accountability Act, gives donors an income tax break for donations to groups that provide private school scholarships. Currently, donors get a dollar-for-dollar reduction on their state income tax bill, and can also claim a federal…
GOP Running into Opposition from GOP on Tax Overhaul
House Republicans face opposition to their plan to overhaul the way corporations pay federal taxes from a powerful group of lawmakers – other Republicans. The Senate’s No. 2 Republican and the chamber’s top Republican tax-writer have both been critical. And President Donald Trump says he doesn’t love it. The House GOP plan would scrap the 35 percent tax on corporate…
Birmingham Restaurant Owner Pleads Guilty to Tax Fraud
Federal prosecutors say the owner of pizza franchises throughout the Southeast has pleaded guilty to submitting false tax returns. Authorities said Tuesday that 64-year-old Ramon Arias of Mountain Brook pleaded guilty to filing false federal income tax returns that didn’t account for money he took from Little Caesars restaurants he owns. Officials say Arias diverted money from the gross receipts…
