Today, Special Counsel Robert Mueller’s issued indictments to two persons, Paul J. Manafort, Jr., 68, of Alexandria, Va., and Richard W. Gates III, 45, of Richmond, Va., as part of an ongoing investigation into whether Russia influenced the 2016 election.
Read MoreMonth: October 2017
House Narrowly Approves Budget In March Towards $1.5 Trillion Tax Cuts
The House of Representatives approved the same budget proposal as the Senate did earlier this week, paving the way for $1.5 trillion in tax cuts. But will taxpayers give up deductions and tax-deferred retirement perks in return?
Read MoreIRS Preps For 2018 Tax Filing Season, Announces PTIN Renewal Is Underway
The Internal Revenue Service has announced that the Preparer Tax Identification Numbers (PTINs) for 2018 is underway. All current PTINs will expire on December 31, 2017.
Read MoreAsk The Taxgirl: The Difference Between Innocent Spouse And Injured Spouse
It’s Ask The Taxgirl! Today’s tax question focuses on the difference between innocent spouse relief and injured spouse relief.
Read MoreNo Tax Cuts Yet But $4 Trillion Budget Win Pushes GOP Closer
We don’t have tax cuts – yet. The Senate budget vote yesterday didn’t make that happen but it did set the stage. Here’s what you need to know.
Read MoreIRS Changes Position, Will Not Accept Tax Returns Which Are Silent On Healthcare Coverage
In a reversal, the Internal Revenue Service (IRS) has indicated that it will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act (ACA). This is in contrast to the 2017 filing season.
Read MoreCapone Sentenced On This Day In 1931 For Tax Evasion, Sent To Prison
On this day, 86 years ago, the feds finally got their man: Al Capone was found guilty of tax evasion.
Read MoreIRS Announces Taxpayer Relief For Victims Of California Wildfires
As deadly wildfires continue to ravage parts of California, the Internal Revenue Service (IRS) has announced that victims of those fires now have until January 31, 2018, to file certain individual and business tax returns and make certain tax payments.
Read MoreAfter Pressure Over Security Concerns, IRS Suspends Equifax Contract
The IRS has announced that it has suspended its contract with Equifax after reports that the credit reporting bureau had been the subject of security concerns twice in the span of a few months.
Read MoreAsk The Taxgirl: Should I Cancel A Form W-9?
It’s Ask The Taxgirl! Today’s question is whether you should “cancel” a form W-9 if it turns out that you won’t be paid after all.
Read More