The Internal Revenue Service is using technology more than ever to go after taxpayers who are cheating or delinquent on their taxes. Their favorite tools … Read More
IRS APOLOGIZES FOR TARGETING THE TEA PARTY GROUP
The Internal Revenue Service apologized last Friday for what it said was “inappropriate” targeting of conservative political groups during the 2012 election. The IRS admits … Read More
PRESIDENT OBAMA’S PROPOSED BUDGET AND TAX PLAN
The President is trying to broker a “grand bargain” combination of spending reductions along with certain tax increases. The proposals are designed to appeal to … Read More
MORE INFO ON TAX REFORM
Debates over tax reform are going to intensify this year, especially since the head of the Senate Finance Committee, Max Baucus (a democrat out of … Read More
INTERNET SALES TAX BILL
What is the Internet Sales Tax Bill and how does it work? The Senate is pushing for an internet sales tax bill, but it still … Read More
IRS TO CLOSE FOR 5 DAYS
Next week the IRS will issue furlough notices to employees letting them know that the Service will be closed for five days with unpaid leave … Read More
24 IRS EMPLOYEES INDICTED FOR FRAUD
In Memphis, Tennessee, federal prosecutors have indicted 24 current and former IRS employees with crimes arising from fraudulently obtaining more than $250,000 in government benefits. … Read More
IRS SWAMPLED BY LAST MINUTE TAX RETURNS
The Internal Revenue Service admitted it is struggling to keep up with the wave of tax returns filed on April 15. The result is the … Read More
THE IRS REFUSES TO FOLLOW A CASE THAT ORDERS THEM TO CREDIT TAXPAYERS FOR A DROP IN STOCK VALUES
The Service seized a married couple’s brokerage account for the payment of back taxes. The couple felt the stock market would fall and asked the … Read More
TAX DEBT AND TITHING
It is not considered by the IRS. A man owed almost $900,000 of income tax debt and sought to get into an installment payment plan … Read More