Archive for the 'Irs' Category

Troops owe IRS $390 million

About 30000 active-duty troops and a similar number of reserve-component members owe the Internal Revenue Service a collective $390 million in back taxes, according to IRS data. By Alexis Levinson WASHINGTON, DC – JANUARY 26: Internal Revenue Service Commissioner Douglas Shulman testifies before the Senate Homeland Security and Governmental Affairs Committee January 26, 2012 in [...]

Why Doesn't the IRS Do Your Taxes For You?

By Henni Espinosa, ABS-CBN North America Bureau. April 16, 2010. OAKLAND, Calif. – Tens of millions of people in America habitually wait until just before the deadline to file their tax returns or request for a six-month David Foster Wallace's posthumous tax-obsessed novel 'The Pale King' gets fact checked against what really happens at the [...]

Need help from the IRS? Prepare to wait

Citizens for Tax Justice recently waded through Romney's 2010 return—in which his $22 million in income was miraculously taxed at just 13.9 percent—to come up with a handy primer for how you, too, can beat the IRS at its own game. By Henni Espinosa, ABS-CBN North America Bureau. April 16, 2010. OAKLAND, Calif. – Tens [...]

Last-minute tax tips for those waiting until April 17 deadline

With tax day quickly creeping up on Tuesday, you may be scrambling to still file those taxes! But don't worry — you're not alone. In fact, you're actually in pretty good company if you owe According to the Detroit News, the IRS filed a $1705437 tax lien against Vonn and her estranged husband Thomas on [...]

IRS Extends 'Portability' Deadline for Estates

IRS announced its 2012 “Dirty Dozen” List of tax scams and “phishing” expeditions warning of scams that range from identity theft to return preparer fraud. 21, 2012 /PRNewswire via COMTEX/ — Bisk Education (IRS Sponsor ID 1K0BG) is pleased to announce their approval as a Continuing Education Sponsor from the Office of Professional Responsibility, Internal [...]

IRS seeks nearly $1 billion budget increase for hiring spree

The Obama administration is asking Congress for a nearly $1 billion budget increase for the IRS, a move that would allow the agency to hire thousands more employees. The administration is arguing that hiring additional IRS agents will more than pay for IRS: Beware of Dirty Dozen tax scams | annual, issued, beware, revenue, dirty, [...]

Working All Day for the IRS

Apparently, a number of anxious visitors to the Internal Revenue Service website have found the "Where's My Refund" tool out of commission. According to a report from The Huffington Post , filers looking for information about the status of their return The Internal Revenue Service will allow businesses hiring qualified veterans additional time, beyond the [...]

IRS Releases 'Dirty Dozen' Tax Scams for 2012

Washington DC (IRS news release) — The Internal Revenue Service on Friday issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from IRS and the Law (Howard Levy) • Linda Keith CPA • Mass. Estate Planning • [...]

IRS: Beware of 'dirty dozen' tax scams

WASHINGTON — Sen. Jeff Merkley, D-Ore., joined six colleagues Thursday in calling on the Internal Revenue Service to investigate whether organizations claiming tax-exempt status are engaging in a substantial amount of The new IRS Data Retrieval process, which has been available since Feb. 5, allows students to instantly enter both the parents' and the student's [...]

IRS Alerts Tennesseans To Most Common Tax Scams

The Internal Revenue Service said Wednesday that its tool that lets people check on the status of their refunds is not currently working. “We're having some technical difficulties right now but expect to have this resolved soon. The new IRS Data Retrieval process, which has been available since Feb. 5, allows students to instantly enter [...]