MoneySolver

The IRS’s first contact with you will always come by mail, not by phone.

Hang up on unexpected calls saying you owe back taxes. Those are scams We’re seeing a big wave of reports about phone scams claiming you owe back taxes. But it’s not the IRS calling, it’s a scammer using a company name like “Tax Resolution Oversight Department.” If someone calls you out of the blue offering to help you fix a tax issue, hang up. Here’s how t...

If you are seeking employment or actively working, most summer day camp fees (up to $3k for one child, or $6k for two or more) count toward the Dependent and Child Care Tax Credit. Overnight camp fees, however, are ineligible.