I’m not going shopping today. I’m not making some kind of a statement. I simply have too much to do: there are breads to bake,
Read MoreMonth: November 2014
Creed's Scott Stapp Alleges IRS Error Left Him Penniless & Homeless
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.
Read MoreMiserable, Awful & Delayed: Commissioner, Tax Advocate Talk 2015 Tax Season
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.
Read More10 Expired Tax Provisions That Might Affect You In 2014
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.
Read MoreThose Not-So-Lost IRS Emails: Up To 30,000 Lerner Emails May Have Been Recovered
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Read MoreAt Sentencing, Credit Suisse Ordered To Pay $1.8 Billion To U.S. By Next Week
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?
Read MorePresident Obama Says Immigrants Must Pay 'Fair Share Of Taxes'
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?
Read MoreAl Sharpton Denounces Claims He Owes Millions In Taxes To IRS, New York
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.
Read MoreTop Ten Area Codes Making Spam Calls: Are They Dialing You Up?
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.
Read MoreNFL Flagged With Another Challenge To Tax-Exempt Status Because Of Redskins
With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?
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