Tax

The IRS Dirty Dozen 2021 – Part 3

Yesterday, we presented the 2nd installment of the IRS’ Dirty Dozen 2021, revealing scams that use email, text, social media messages, or phone calls to get personal information, with the end goal of tax-related identity theft. Today, HW&Co. is going over scams targeting the most unsuspecting victims and tricking them into doing something illegal or […]

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The IRS Dirty Dozen 2021 – Part 2

Yesterday we introduced the first installment of the IRS’ Dirty Dozen — its annual list of the top tax scams that victimize many unsuspecting people. We feel it’s important to share this information and urge you to share it with your family and friends. Today we present scams that use email, text, social media messages, […]

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Money made from a hobby MAY be taxable

Many people are engaged in hobby activities that are also a source of income. For example, some people started selling masks and other handmade items during the pandemic. These people must report this income on their tax return. A hobby is any activity that a person pursues because they enjoy it and with no intention […]

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The IRS Dirty Dozen – 2021

At HW&Co., we believe that a conversation can change everything. Talking about an issue can bring understanding; discussing a risk can help to avoid it. In that vein, let’s talk about the IRS’ annual Dirty Dozen — its annual list of the top tax scams that are bilking thousands from unsuspecting people. Over the next […]

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