Tax

Nearly half of Americans fail to check whether their tax preparer includes their PTIN and signs their return, putting them at risk of being scammed, according to a new survey.

Low-income and minority taxpayers were more likely to use extra-fee tax preparation offerings like refund advances and refund transfers, according to a new report Friday from the Government Accountability Office, and tax preparers often didn’t present them with information about the fees ahead of time.

Some 50 million taxpayers have not yet filed their tax returns.

The Democratic socialist who promotes policies to raise taxes on millionaires and billionaires plans to make public his federal tax returns by April 15.

When Hayden Myer made an eye doctor’s appointment for the end of April, he told the clinic that he might not show up for the visit if his tax refund didn’t arrive in time.

Although the Tax Cuts and Jobs Act increased take-home pay somewhat, millions of households treat tax refunds as a built-in component of their annual budget.

Higher education; tough stains; don’t Betta on it; and other highlights of recent tax cases.

Sen. Ron Wyden, D-Ore., and Ben Cardin, D-Md., introduced legislation Thursday to require minimum standards for paid tax preparers and rescind Preparer Tax Identification Numbers of incompetent and fraudulent practitioners.

Celebrity lawyer Michael Avenatti, who made his name as a fierce critic of President Donald Trump, was indicted by a federal grand jury in California on three dozen charges, including a new claim that he stole millions of dollars from a paraplegic client’s settlement.

Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.