A 2012 taxpayer survey revealed that only 46% of taxpayers believe that they have any rights before the Internal Revenue Service (IRS). Just a mere
Read MoreYear: 2014
As NBA Finals Continue, Tax Incentives Lure 76ers Into New Jersey
(Update: The final number on those tax credits, which was previously not available, is said to be $82 million.) What was the difference in Thursday’s
Read MoreOn National Doughnut Day, A Reminder That Not All Baked Goods Are Taxed Equally
Did you get your free doughnut today? You should: it’s National Doughnut Day across the country. I know what you’re thinking. You think this is
Read MoreWalmart Slashed Tax Bill By Giving Top Execs Big Bonuses
The largest private employer in the U.S. continues to exploit tax breaks to rewards its executives, according to the Institute for Policy Studies (IPS), a
Read MoreTax Deadline Fast Approaching For Taxpayers Living Abroad
Not all taxpayers had to file for extension if they weren’t ready on April 15: taxpayers who live abroad qualified for an automatic two-month extension
Read MoreAfter TIGTA Report, Expect More Tax Refund Delays
In 2012, the Internal Revenue Service (IRS), collected nearly $242 million as a result of the Delinquent Return Refund Hold Program. Under the program, the
Read MoreJohn Daly Relied On Tax Records To Figure $90 Million Gambling Losses
You don’t think tax returns are handy? Tell that to John Daly. Daly recently revealed that he ran the numbers and determined that his actual
Read MoreLas Vegas Man Cheated IRS, Taxpayers Using False Home Buyer Credits
A Las Vegas man will likely spend some serious time behind bars for his role in a scheme that the defrauded the government by filing
Read MoreSupreme Court Agrees To Hear Landmark Case On Whether States May Tax Income Earned In Other States
Do states have the right to tax income earned in other states? That’s one of the issues raised in Comptroller v. Wynne, a Maryland case which the Supreme Court has agreed to hear this year.
Read MoreMan Convicted Of Threatening To Assault & Kill IRS Agent, Family Over Audit Proceedings
When I crafted my list of my best tax advice (ever), it seems that I left one fairly important tip out: don’t threaten to kill
Read More