When we give money to charity, we want it to be used wisely. Unfortunately, a great deal of money given to charity is stolen by criminals. Charity Fraud Awareness Week runs from Oct. 18-22...

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Taxpayers who don’t qualify for the Child Tax Credit because their children are too old may have an alternative. The Credit for Other Dependents maxes out at $500 per dependent if certain conditions are...

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Fraudsters are opportunists, and disasters present many opportunities to steal assets and information. These fraudsters target victims when they’re vulnerable, offering bogus help. They may also steal from generous people seeking to aid victims....

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Eligible families are now receiving their September advance Child Tax Credit payments. This third batch of advance monthly payments, totaling about $15 billion, is reaching about 35 million families. Future payments are scheduled for...

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The IRS has issued guidance to employers about reporting on Form W-2 the amount of qualified sick and family leave wages paid to employees for leave taken in 2021. Notice 2021-53 provides guidance under...

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The Social Security (SS) wage base for 2022 is projected to rise to at least $146,700. That’s according to the SS Administration Office of the Chief Actuary, which issues three forecasts. The highest projection...

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Have you received a message about pandemic-related benefits that appears to be from the government? Thieves use email, text, and phone messages to impersonate officials such as the IRS as an inroad to stealing...

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The IRS adds more vehicles to its list of those eligible for a federal tax credit. The tax code provides a credit (of up to $7,500) to purchasers of qualified plug-in electric-drive passenger vehicles...

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If you’re receiving advance Child Tax Credit (CTC) payments from the IRS, this fast-approaching deadline may affect you. For those who receive CTCs by paper check, address changes must be submitted by midnight, Aug....

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