Category Archives: Identity Theft

2024 Tax Filing Season Set For January 29, 2024

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The Internal Revenue Service announced yesterday that Monday, January 29, 2024 will be the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.

The IRS expects more than 128.7 million individual tax returns to be filed by the April 15, 2024 tax deadline.

According to the IRS, taxpayers will continue to see helpful changes at the IRS following ongoing transformation work. Building off the success of the 2023 tax season that saw significant improvements following passage of the Inflation Reduction Act, the 2024 filing season will continue reflecting the focus on improving services to taxpayers.

IRS Commissioner Danny Werfel proclaimed: “As our transformation efforts take hold, taxpayers will continue to see marked improvement in IRS operations in the upcoming filing season, IRS employees are working hard to make sure that new funding is used to help taxpayers by making the process of preparing and filing taxes easier.”ome of the new

April 15 tax filing deadline for most taxpayers

For most taxpayers, the deadline to file their personal federal tax return, pay any tax owed or request an extension to file is Monday, April 15, 2024.

Taxpayers living in Maine or Massachusetts have until April 17, 2024 due to the Patriot’s Day and Emancipation Day holidays. If a taxpayer resides in a federally declared disaster area, they also may have additional time to file.

Tips to help people file in 2024

The IRS encourages taxpayers to take steps now to Get Ready to file their 2023 individual federal tax return. It’s important for filers to gather all the correct information they need before filing their return. Organize and gather tax records including Social Security numbers, individual Taxpayer Identification Numbers, Adoption Identification Numbers and this year’s Identity Protection Identification Numbers (IP PIN). Filing an accurate return can help taxpayers avoid refund delays or later IRS mailings about a problem.

The IRS also reminds us that people should report all their taxable income and wait to file until they receive all income related documents. This is especially important for people who may receive various Forms 1099 from banks or other payers reporting unemployment compensation, dividends, pensions, annuities or retirement plan distributions.

You should also plan to file electronically with direct deposit. This is still the fastest and easiest way to file and receive a refund. To avoid delays in processing people should avoid filing paper returns whenever possible.

IRS Continues Identity Protection PIN (IP PIN) Program in Florida

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The IRS is again offering the Identity Protection PIN (IP PIN) to all taxpayers who filed their federal tax returns last year as residents of Florida, Georgia or the District of Columbia. These residents don’t need to be identity theft victims to participate. This ongoing pilot program helps the IRS evaluate taxpayer demand for the IP PIN and assess their ability to issue the PIN to a larger number of taxpayers. The three locations covered by the pilot have the highest per-capita percentage of tax-related identity theft.

The IP PIN is a 6-digit number the IRS uses to confirm your identity when they receive a return with your name and Social Security number on it. This helps prevent identity thieves from obtaining a fraudulent refund using your SSN and avoid delays issuing any refund you may be due.

If you’re eligible and choose to get an IP PIN, visit Get An IP PIN. After you get an IP PIN,

  • you must use it on all future federal income tax forms 1040, 1040A, 1040EZ and 1040 PR/SS
  • the IRS will mail you a new IP PIN each year in late December or early January.

Identity theft is one of the fastest growing crimes nationwide, and preventing tax refund fraud caused by identity theft is one of the IRS’s biggest challenges. The IRS is focused on preventing, detecting and resolving tax-related identity theft cases as soon as possible.

If you have any questions on this or other tax related matters, call us at 813-514-2920.