News / IRS

This Woman Was Charged With One Of Oregon's Biggest Tax Frauds Ever

Source: finance.yahoo.com - Jun 17, 2012

An Oregon woman is on the hook for what could be one of the largest cases of tax fraud in the state's history, reports Oregon Live's Harry Esteve. Krystle Marie Reyes, of Salem, Ore. allegedly... Read more >

Category: IRS

Newlyweds should take steps before filing income tax

Source: nola.com - Jun 13, 2012

From "The Answer Spot" By The Times-Picayune: My husband and I got married at the end of May. Are there any steps we should take before filing our taxes next year? There are a couple of... Read more >

Category: IRS

IRS Whistleblower Programme Still Needs Improvement

Source: tax-news.com - May 11, 2012

by Mike Godfrey, Tax-News.com, Washington 11 May 2012 The whistleblower programme operated by the United States Internal Revenue Service (IRS) has still not fully and adequately addressed internal... Read more >

Category: IRS

5 Good Reasons to Amend Your Tax Return — and How

Source: houselogic.com - May 3, 2012

Missed tax deduction? Overlooked tax credit? Get what’s coming to you by amending your return. Your home is a great source of tax savings if you know what qualifies and don’t forget to claim... Read more >

Category: IRS

The Deadline's Passed. Now What?

Source: irs.gov - Apr 18, 2012

The tax filing and paying deadline has come and gone, but many people may have leftover business to sort out. Click on the underlined items for additional information. [NOTE FROM LARRY'S: IF YOU... Read more >

Category: IRS

Taxmageddon coming? Answer could cost Americans $500 billion

Source: foxnews.com - Apr 18, 2012

As many Americans were scrambling to get this year's taxes done, analysts were warning about a bigger tax day -- what some call a tax Armageddon, or "Taxmageddon," to characterize its potential... Read more >

Category: IRS

Last-Minute Reminder to Parents and Students; Don’t Overlook College Tax Benefits

Source: irs.gov - Apr 15, 2012

IR-2012-46, April 11, 2012 WASHINGTON — The Internal Revenue Service today reminded parents and students rushing to meet this year’s April 17 deadline to be sure and check out several... Read more >

Category: IRS

E-Pay Options Available to People Facing April 17 Deadline; Penalty Relief for Unemployed Taxpayers; Expanded Payment Plans for Those Who Can’t Pay

Source: irs.gov - Apr 15, 2012

IR-2012-47, April 13, 2012 WASHINGTON — The Internal Revenue Service today reminded taxpayers that 2011 federal income tax returns, extension requests and tax payments are due by April 17, 2012.... Read more >

Category: IRS

IRS Has Backlog In Offers Of Compromise

Source: tax-news.com - Apr 15, 2012

by Mike Godfrey, Tax-News.com, Washington 15 April 2012 The Treasury Inspector General for Tax Administration (TIGTA) has found that efforts by the United States Internal Revenue Service (IRS)... Read more >

Category: IRS

Texas jury slaps $195 million penalty on TaxMasters, CEO Cox

Source: news.yahoo.com - Apr 5, 2012

(Reuters) - A Texas jury voted to slap $195 million in civil penalties on Friday against the tax advisory firm TaxMasters and its CEO Patrick Cox, who were accused by the state of defrauding... Read more >

Category: IRS

Taxable events you didn't know you were creating

Source: wlox.com - Apr 5, 2012

By Angie Mohr Even if your tax situation is fairly mundane and you have your taxes withheld at source, there are some events in your life that can generate taxes. Understanding the tax... Read more >

Category: IRS

IRS YouTube Videos Offer Last-Minute Help for Taxpayers

Source: irs.gov - Apr 5, 2012

Thought this was kind of interesting: IR-2012-41, April 4, 2012 WASHINGTON — The Internal Revenue Service reminds taxpayers that IRS YouTube videos can help them with their taxes before the... Read more >

Category: IRS

Standard deduction works well for some

Source: nola.com - Mar 25, 2012

Published: Sunday, March 25, 2012, 6:43 AM The Times-Picayune By The Times-Picayune I'm working on my taxes and am trying to figure out if it's in my best interest to itemize. Any thoughts?... Read more >

Category: IRS

Just the facts about taxes

Source: money.cnn.com - Mar 25, 2012

Much of the debate in this election is about taxes -- how much we pay, who pays it, is the burden shared fairly. MONEY magazine separates truth from spin. Do half of us really pay no taxes?... Read more >

Category: IRS

UPDATE 1-U.S. IRS forms 'SWAT team' for tax dodger crackdown

Source: reuters.com - Mar 21, 2012

Tue Mar 20, 2012 5:57pm EDT * Tax evasion by 'transfer pricing' a top target for IRS * Talent comes from Big Four audit, law, consulting firms * 'The deck is stacked against them' - academic on... Read more >

Category: IRS