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Suspicious Package at IRS Office in Philly

22 March 2012

The Philadelphia Daily News is reporting that there is a suspicious package at the IRS office in Philadelphia. The device consists of batteries, exposed wires and an orange powder. The bomb squad is investigating. The IRS office at 30th and Market is a key IRS office in the northeast, accepting, among other things, OVDI disclosures. [...]

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Tax Madness Heats Up As Limbaugh, Romney Advance

20 March 2012

It’s the end of Round Two of Tax Madness! We are officially down to the Sweet Sixteen, consisting of the top tax newsmakers in March. Of the GOP presidential nominees, only Romney and Santorum remain in the running. Both have a tough stretch ahead as Santorum will match up against Obama while Romney will match [...]

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GOP Candidates, Others Advance in Tax Madness

18 March 2012

It’s the end of Round One of Tax Madness! Most of the GOP presidential nominees advanced to the next round. That’s to be expected because they’re all talking tax in an effort to woo votes. [entity display="Players" type="section" active="true" key="/players"]Players[/entity] on the international scene also moved forward: Sarkozy, Merkel and Cameron all got a nod, [...]

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Recordkeeping and Tax Time

15 March 2012

Today is the deadline for corporate taxes. It’s also the Ides of March. On this day, Julius Caesar allegedly met a seer who claimed that harm would come to him not later than the Ides of March. Caesar remarked to the seer, “Well, the Ides of March have come.” The seer replied, “Ay, they have [...]

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Corporate Tax Deadline Nears

14 March 2012

If you’re a math geek like me, it didn’t go unnoticed that today is π day, or pi day (note to my brother: that’s pi, not pie). Yep, every year, on March 14, those of us who used to be on the math team giggle when we write out the date as 3/14. March 14 [...]

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IRS Begins Issuing Test Results for Tax Preparers

12 March 2012

I hate standardized tests. My daughter, a straight A student at her elementary school, was freaking out over taking the PSSAs, the state issued assessment tests in Pennsylvania, this week. She was a bundle of nervous energy, talking through a litany of “what if?” questions, all of which appeared to revolve around some kind of [...]

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I Do Not Like Them, IRS: My Ode to Dr. Seuss

2 March 2012

Here’s what I learned in my son’s kindergarten this morning: it’s Dr. Seuss birthday! Theodor Seuss Geisel, or Dr. Seuss, was born on March 2, 1904. If he were still alive, he’d be 108 years old! Dr. Seuss is known for a number of books and poems but perhaps most closely associated with the clever [...]

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IRS Weighs In On Leap Year Confusion

28 February 2012

The IRS was kind enough to reply to my request for information about the discrepancy in filing dates for the form 1099 series and the W-2 series. They acknowledged that I was “right about the difference between 1099s and W-2s” but declined to comment on any sort of penalty relief for those who might be [...]

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Ask the taxgirl: Parking Expenses for Business

25 February 2012

Taxpayer asks: I’m getting mixed responses about being able to write off my parking expenses for work. I am a hair stylist and technically work as an “employee” at a salon (commission-based). I drive to work and park in a paid lot. I have receipts totaling over $900 from 2011 parking. Can I write off [...]

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