IRS Newswire


What to do if client receives a Premium Tax Credit letter


Some taxpayers may receive a letter from the IRS requesting information on advance payments of the Premium Tax Credit. Letter 0012C requires you or the taxpayer to take several steps, and it could mean the client is due a refund. Here is what you should know and what you should do with the letter. Why is my client receiving letter 0012C? The Health Insurance Marketplace…


Tax scam artists change tactics


Tax scams remain a continual threat, and the IRS warned consumers this week to be vigilant of new criminal tactics attempting to obtain personal information. Scammers impersonating IRS agents are making aggressive and threatening phone calls claiming to verify tax information over the phone. The IRS reports that the latest variation of the phone scams have…