Tag Archives: tax

With one month to tax deadline, IRS website visits surge and agency provides more help

With one month to tax deadline, IRS website visits surge and agency provides more help

Taxpayers are flocking to the IRS website to check their refund status as filing season reaches the one-month countdown. Nearly 380 million taxpayers visited the agency’s website last week, an 18% increase over the same week last year, according to the tax agency’s latest statistics. After landing on the official agency website, taxpayers are heading straight to the Where’s My Refund? tool. This is nothing unexpected, says an IRS spokesperson, as people search for the status of refunds… Source link

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‘Dangerous’ and illegal tax advice on TikTok targets millennials and Gen Z with W-2s

‘Dangerous’ and illegal tax advice on TikTok targets millennials and Gen Z with W-2s

Viral TikTok posts are telling Americans to stop paying taxes by illegally exempting themselves from tax withholdings. The videos suggest that it’s possible to avoid paying federal taxes by selecting “exempt” on IRS Form W-4, or Employee’s Withholding Certificates. The videos urge viewers to reach out to their employers and request zero-dollar tax withholding, assuring that companies have to comply. The videos further imply that not having taxes withheld means not paying taxes — a false… Source link

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