Former U.S. Representative Michael Grimm (R-NY) got something of a break earlier today when he was sentenced to just eight months in prison on tax
Read MoreMonth: July 2015
The Highest Sales Tax Rate In The Country Is In…
Chicago! Yes, it turns out that Chicago is #1. For sales tax, that is. Following a vote earlier this week by Cook County commissioners, the
Read MoreFeds Issue Targeted Order To Check Cashing Businesses In Effort To Stop Tax Fraud
Tax fraud linked to identity theft is costing taxpayers plenty. Even as the Internal Revenue Service (IRS) scrambles to try and contain it, the headlines
Read MoreCloud Tax Is The New Black: Chicago Tax Scheme Will Boost Costs For Services Like Netflix
My kids are huge fans of Netflix, as am I. I like being able to pick and choose which shows they will watch in advance and a
Read MoreGreece Is The Word: Making Sense Of The Greek Crisis
Greece. It’s all anyone is talking about this week. Greece has become like that pretty, popular girl that you used to admire from afar but
Read MoreYou Gotta Eat: IRS Expects Real Businesses To Make Money
You may love what you do but at some point, you gotta eat. That’s more or less the word from Internal Revenue Service (IRS) when
Read MoreTaxation Without Representation: Why We Celebrate July 4th
On July 4, 1776, the Continental Congress formally adopted what we call The Declaration of Independence. The Declaration of Independence is exactly what it sounds
Read MorePostal Worker Accused Of Stealing More Than $1 Million In Tax Refunds Through The Mail
For the most recent filing season, the Internal Revenue Service issued 101,407,000 federal income tax refunds totaling $273.548 billion. Just over 80% of those refunds were
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