The Internal Revenue Service (IRS) has announced that it is proposing new regulations that would allow taxpayers to pay their taxes using credit cards or debit cards. These proposed changes are based on provisions of the Trump-era Taxpayer First Act, which became law in July 2019. The goal of the Taxpayer First Act was to turn the IRS into a more taxpayer-friendly agency.
Unfortunately, there are fraudulent tax return preparers out there who are lying to their clients about claiming clean energy credits under the Inflation Reduction Act (IRA). This 2022 law was part of the federal government’s billion-dollar initiative to address bogus climate and energy challenges. It allows any company in any industry to buy tax credits from developers of wind, solar, and other clean energy projects and lower their tax bill by the use of tax credits.
Symantec, a California-based security firm, has issued a new warning to iPhone users after finding that cybercriminals are actively seeking to exploit Apple IDs through malicious SMS messages, which are designed to trick recipients into revealing their Apple ID credentials. It’s also used by hackers to access other sensitive information or to install malicious software on your iPhone.