Dec 22 2020
Finally after many months of negotiations, a second coronavirus relief package costing a whopping $2.4 Trillion has been approved by Congress, but the President wants more money for Americans and dump the foreign aid. The bill includes unemployment benefits, aid for small businesses for most Americans, money for retired Americans too, with $1 Trillion going …
Permanent link to this article: https://www.50plusmarketplacenews.com/375757/latest-news/congress-and-president-trump-finally-approve-second-stimulus-bill
Apr 21 2020
Checks from the IRS arrived this month, unemployment insurance in weeks, and promises of more relief for seniors lies ahead. But do not think scammers are unaware. Scams are replicating faster than the coronavirus. As of late-March, the Secret Service, FBI and FTC began warning Americans to be on higher guard for scams targeting personal …
Permanent link to this article: https://www.50plusmarketplacenews.com/352031/latest-news/fbi-ftc-cdc-beware-latest-scams
Mar 08 2020
The Internal Revenue Service (IRS) offers attractive perks to taxpayers of a certain age! With age comes wisdom, as well as some great tax breaks that younger people don’t get. If you’ve already turned 50, take advantage of these perks aimed at older taxpayers. You can contribute more to retirement accounts If you fell behind …
Permanent link to this article: https://www.50plusmarketplacenews.com/348006/latest-news/tax-breaks-50-afford-miss
Mar 03 2020
Tax season is here, and so are the scammers. Con artists are using the Social Security numbers of unsuspecting Americans to file phony tax returns and steal their refunds. How the Scam Works: You file your taxes as normal and expect a refund from the IRS. Instead, you get a written IRS notice saying that …
Permanent link to this article: https://www.50plusmarketplacenews.com/348149/better-business-bureau/file-taxes-early-avoid-tax-id-theft
Feb 12 2019
Here are some updates on some of the active scams to be alert for. Best advice is to not answer an unknown phone number, or hang up if they seem suspicious. THESE ARE ALL SCAMS. MISSED JURY DUTY: A Sgt Stokes wieth LCSO and Lt. Marshall Adams say you have missed jury duty, have an …
Permanent link to this article: https://www.50plusmarketplacenews.com/308162/latest-news/alert-scammers-busy
Jan 01 2019
It’s tax time with a warning to our readers about tax scams and fraudulent tax returns! Cyber crime happens to many Americans of all ages, but tax scammers are taking Americans for billions of dollars each year. Tax scammers are sending “phishing” emails that appear to be from the IRS and claim that the recipient …
Permanent link to this article: https://www.50plusmarketplacenews.com/307083/technology-is-hip/aware-tax-scams
Oct 08 2018
Recently, there has been an uptick in reports of scam calls claiming to be from the Social Security Administration. During these calls the scammer tells their potential victim that they will not be receiving their Social Security check because they have been “blacklisted” or they are in trouble with the authorities. We believe one of …
Permanent link to this article: https://www.50plusmarketplacenews.com/281993/latest-news/social-security-calling
May 15 2018
The scammers are certainly very busy! Here are just a few to be aware of — 1. Facebook —– friend invites from people you don’t know. Never accept an invite from someone you don’t know. Recently a young attractive woman invites an older gentlemen (or a young attractive man invites an older woman) to be …
Permanent link to this article: https://www.50plusmarketplacenews.com/51394/latest-news/scams
Mar 06 2018
Last year, the IRS estimated about $2.5 billion in bogus tax return fraud, down from $5.2 billion in 2010. The IRS, state tax agencies and tax preparation companies are doing even more this year to protect your personal data and thwart criminals from stealing it. The IRS recommends these eight tips: 1. Don’t be duped …
Permanent link to this article: https://www.50plusmarketplacenews.com/10503/technology-is-hip/protect-tax-scams
Feb 04 2017
Tax time is fast approaching. Preparing your documents can seem overwhelming. Some forms and paperwork might be difficult to track down. Social Security has made it easy to track down your annual Benefit Statement. An SSA-1099, or your annual Benefit Statement, is a tax form Social Security mails each year in January to people who …
Permanent link to this article: https://www.50plusmarketplacenews.com/8401/social-security-today/replacement-social-security-tax-forms-online
Apr 01 2016
Colorado Attorney General Cynthia H. Coffman is once again warning Coloradans to avoid falling victim to IRS tax scams. While tax scammers operate year round, their efforts intensify as April 15th approaches. These attempts to swindle often begin with callers claiming to be federal Internal Revenue Service agents seeking immediate payment of taxes. The phony …
Permanent link to this article: https://www.50plusmarketplacenews.com/7158/latest-news/consumer-advisory
Mar 01 2016
Most people get help filing their taxes, either from computer software or a professional tax preparer. Scams have some consumers concerned about who they can trust with their financial data and private information. A paid tax return preparer is primarily responsible for the overall, substantive accuracy of your tax return(s). If there is a problem …
Permanent link to this article: https://www.50plusmarketplacenews.com/6966/latest-news/tips-trusting-tax-preparer
