News
IRS Repeats Warning about Phone Scams
Source: irs.gov - Aug 15, 2014 IR-2014-81, Aug. 13, 2014 WASHINGTON — The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls... Read more > Category: IRS |
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Tax Dodgers' Land for Sale; May Be Booby-Trapped
Source: abcnews.go.com - Aug 15, 2014 The New Hampshire compound of a tax-evading couple convicted of amassing an arsenal of weapons and holding federal law enforcement officials at bay for months is being sold at auction — even as... Read more > Category: General Business |
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IRS Offers More Incentives for Tax Whistleblowers
Source: accountingtoday.com - Aug 12, 2014 The Internal Revenue Service has expanded its awards to whistleblowers, allowing tipsters to claim a potentially greater share of the proceeds the IRS collects on extra tax revenue. The final... Read more > Category: IRS |
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More Americans Quit US Before FATCA Begins
Source: tax-news.com - Aug 11, 2014 According to Treasury Department statistics published in the Federal Register, a record number of 1,577 United States taxpayers gave up their passports or their green cards in the first half of... Read more > Category: IRS |
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IRS Clarifies US Energy Production Tax Credit Compliance
Source: tax-news.com - Aug 11, 2014 The United States Treasury Department and the Internal Revenue Service (IRS) have issued a notice clarifying what it means to "begin construction" on a project for the purposes of the renewable... Read more > Category: IRS |
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IRS Imposes New Limits On Tax Refunds By Direct Deposit
Source: forbes.com - Aug 11, 2014 While taxpayers were popping returns into the mail this year, scammers were busy trying to figure out how to cash in. The Internal Revenue Service reported that, by Tax Day, they were investigating... Read more > Category: IRS |
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Studyin' up on back-to-school tax breaks
Source: philly.com - Aug 11, 2014 WASHINGTON - It's back-to-school shopping season, meaning parents everywhere are dragging their kids to the store to stock up on notebooks and supplies or to nab the perfect first-day-of-school... Read more > Category: General Business |
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Tax Free Weekend 2014: Dates And List Of States Offering No Sales Tax In August
Source: ibtimes.com - Jul 31, 2014 It may feel as though summer just started, but it’s already time to begin shopping for back-to-school. Thankfully, this weekend, when many states will celebrate Tax Free Weekend, is your chance... Read more > Category: Louisiana |
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Former IRS Employee Arrested in Identity Theft Ring
Source: accountingtoday.com - Jul 28, 2014 A former Internal Revenue Service employee was arrested and charged with participating in an identity theft conspiracy that used information stolen from the files of other IRS employees. The... Read more > Category: IRS |
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Fictitious Applicants Able to Get U.S. Health-Insurance Tax Credits
Source: online.wsj.com - Jul 25, 2014 Fictitious applicants who went on the federal exchange set up under the Affordable Care Act were able to fraudulently get approved for coverage and health-insurance tax credits, according to a new... Read more > Category: General Business |
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Tale of the Tapes: IRS head confirms investigators have found backup tapes in Lerner probe
Source: foxnews.com - Jul 25, 2014 The head of the IRS confirmed Wednesday that investigators looking into missing emails from ex-agency official Lois Lerner have found and are reviewing "backup tapes" -- despite earlier IRS claims... Read more > Category: General Business |
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Appeals court panels issue split decision on Obamacare
Source: usatoday.com - Jul 25, 2014 WASHINGTON — A divided federal appeals court panel dealt a potentially major blow to President Obama's health care law Tuesday, ruling that participants in health exchanges run by the federal... Read more > Category: General Business |
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Obama: Tax-fleeing companies ‘wrong’
Source: spokesman.com - Jul 25, 2014 LOS ANGELES – President Barack Obama urged Congress on Thursday to end a controversial practice that allows U.S. companies to relocate abroad to avoid paying billions of dollars in federal... Read more > Category: General Business |
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Tax Information for Students Who Take a Summer Job
Source: irs.gov - Jun 3, 2014 IRS Special Edition Tax Tip 2014-13, May 19, 2014 Many students take a job in the summer after school lets out. If it’s your first job it gives you a chance to learn about the working world.... Read more > Category: IRS |
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Hurricane Preparedness Sales Tax Holiday
Source: revenue.louisiana.gov - May 20, 2014 2014 Louisiana Hurricane Preparedness Sales Tax Holiday Saturday, May 24 & Sunday, May 25 Louisiana Revised Statute 47:305.58 provides for an annual state sales tax holiday on sales of... Read more > Category: Louisiana |