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Earlier today, Scott Stapp who fronted the band “Creed” in its heyday, posted a bizarre video on his Facebook page claiming that he is now penniless and living in a Holiday Inn. Denouncing claims that he might be on drugs, Stapp places the blame for his predicament on a number of others, including the IRS, who he says froze his accounts on a number of occasions.
Are you going shopping or staying home this Thanksgiving? Some folks love to head to the shops on Thanksgiving while others eschew the holiday for Black Friday sales instead. As Black Friday shopping increasingly heads online, all sales are not created equal.
Worried about the upcoming tax season? So are IRS Commissioner John Koskinen and National Taxpayer Advocate Nina Olson. I sat down with both of them to talk about challenges for the upcoming season, including coping with budget cuts, increased compliance concerns due to ACA, FATCA and the extenders and a delay to the tax season.
Will tax extenders finally be addressed in 2014? About 55 provisions were not renewed after they expired in 2013. With Congress back in session, the IRS gearing up for tax season and tax professionals unsure of how to advise taxpayers, the clock is ticking.
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Credit Suisse was ordered today to pay up for its role in helping U.S. taxpayers evade taxes. The banking giant must pay $1.8 billion to the U.S. by next week. What else does the sentencing mean?
Tonight, President Obama laid out his plan for immigration reform. It includes the requirement to “pay your fair share of taxes” – but what does that mean?
Al Sharpton agrees with charges that his nonprofit, the National Action Network, owes outstanding taxes to the IRS and the State of New York. He also agrees that he owes personal taxes to the IRS and the State of New York. He doesn’t, however, agree that he owes as much as alleged, charging that the story was intended to call attention to an old story instead of the one he thinks folks should be talking about: Ferguson.
Is your phone ringing off the hook with numbers you don’t recognize? Those might be spam calls fishing for personal or financial information: they might even be IRS impersonators. Identity theft is a growing problem these days for taxpayers. The more you know, the more can protect yourself.