The W-2 phishing expedition is one of the fastest growing cyber scams today, and it’s especially relevant as the April 15 income tax filing deadline approaches. Here’s how it works: Scammers pose via email as a senior company executive and request HR and Finance managers provide them copies of employee tax forms. Once a complete set is obtained, they sell it on the black market. Between $4 to $20 per form can be raked in by selling off the individual pieces of employee identity W-2s contain or using them to file tax returns and taking the refunds. Read more...

Taxpayers who use their home for business may be able to deduct expenses for the business use of it. Qualified persons can claim the deduction whether they rent or own their home. Use the simplified method or the regular method to claim a deduction. Read more...