Beware of Tax Refund Scam, IRS Warns
A new refund scam has emerged that threatens to ensnare thousands of unwary taxpayers who use direct deposit.
A new refund scam has emerged that threatens to ensnare thousands of unwary taxpayers who use direct deposit.
QUESTION: I just lost my state and local tax deductions in the recent tax reform, and I have no mortgage interest to deduct. Is there anything I can do to lower my taxes? ANSWER: The new tax law eliminates miscellaneous deductions, and limits state and local tax deductions to $10,000. This means married taxpayers without…