Overstock raised eyebrows earlier this month when the retailer announced it would accept Bitcoin as payment. While Bitcoin has slowly been making inroads into the
Read MoreYear: 2014
Top 10 Most Litigated Tax Issues
The National Taxpayer Advocate has issued her list of the top 10 most litigated tax issues. The list includes a number of old favorites – like business expenses – and some new issues. Take a look.
Read MorePrada Following Italy’s Latest Fashion Trend: Tax Transfers, Allegations Of Evasion
Apparently, the tax devil does not wear Prada. Italian tax authorities are investigating fashion house Prada on allegations of tax evasion. Will this be Dolce & Gabbana all over again?
Read MoreIRS Seeking Volunteers To Help Taxpayers File For Free
Interested in helping the community? The Internal Revenue Service is looking for volunteers to staff its Volunteer Income Tax Assistance centers across the country. Are you in?
Read MoreReport To Congress: IRS Is Increasingly Unable To Meet Taxpayer Needs
Today, National Taxpayer Advocate Nina E. Olson released her 2013 annual report to Congress, urging IRS to take steps to increase trust in the agency, strengthen its ability to serve taxpayers and collect tax. What’s standing in the way? She had the answer to that, too.
Read MoreDo You Speak IRS? Tax Resources Available In Many Languages
Do you speak IRS? Figuring out tax forms is hard enough when English is your first language. But what if you’re not proficient? The Internal Revenue Service is making a number of resources available to taxpayers who speak other languages.
Read MoreFiling Your Taxes Early? IRS Will Not Process Returns Before Opening Day
Can you file your taxes now and get your refund early? No, according to IRS. Tax season is just around the corner… and not a day before.
Read MoreCracker Barrel Waitress Serves Up Happiness, Gets Tip & More
So, two men walk into a Cracker Barrel… It sounds like the start of a joke but for 18 year old Abigail Sailors, a waitress at the restaurant, it was anything but a joke.
Read MoreWhat You Need To Know About Taxes In 2014: Expired Tax Breaks, Obamacare Penalties, & More
Now that we’re into 2014, it’s worth taking a moment to consider what’s different this year from a tax perspective. Congress has made some changes for 2014 including adding a few new provisions and letting some existing tax breaks expire. So what’s different?
Read MoreIRS: New Year, New Rules
28 days and counting until IRS officially slams open the doors for the 2014 tax season. Before it all begins, they have a few changes to announce…
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