Tax Services and Industry News For Consumers.
With e-file now only one day away, neighborhood Jackson Hewitt Central Florida® locations will be offering extended hours to help filers who want to beat the January 30 rush.
Jackson Hewitt Tax Service, the nation's largest privately held tax preparation firm, will open locations around the country on January 2, 2013 to serve taxpayers for the 2013 tax season. Taxpayers can head to any one of more than 6,800 neighborhood locations right after the new year to meet with a knowledgeable tax preparer.
Jackson Hewitt's Chief Tax Officer, Mark Steber, recently explained the implications for average taxpayers should we go off the "fiscal cliff." It's coming our way, so let's take a look at the ways the fiscal cliff can, and will, impact you.
It's as simple as having someone get a hold of your social security number and personal information, and before you even know it, a tax return under your name and identity has been filed. Identity theft at tax time is a growing problem, and it's been estimated that more than $5.2 billion of U.S. taxpayer money may have been paid out in tax refunds to identity thieves who filed some 1.5 million fake returns in 2011, and scammers are likely to steal $21 billion more over the next five years. Unfortunately, in many cases, the victim is unaware that this has happened until their tax return is filed, only to find that a return has already been submitted in their name with fake information.
As Hurricane Sandy continues to move its way up the East Coast, now is a good time to review the tax laws and provisions the IRS provides to help taxpayers and businesses recover financially from the impact of a natural disaster.