UPDATED: Timeline Of IRS Tax Exempt Scandal, Efforts To Impeach IRS Commissioner
Here’s a timeline of the Internal Revenue Service (IRS) tax exempt scandal – including efforts to impeach IRS Commissioner John Koskinen.
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Taxpayer Deadline Nears For Reporting Foreign Bank, Other Accounts
June 30, just two weeks from today, marks the due date for the Report of Foreign Bank and Financial Accounts, or as they’re more commonly known, FBARs.
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Vanguard Founder Jack Bogle Talks About Taxes, Investing And The Election
John C. “Jack” Bogle, the Founder of The Vanguard Group, Inc., and President of Vanguard’s Bogle Financial Markets Research Center, has witnessed more than a few presidential elections in his lifetime. The most current election cycle, though, stands out as “at least the most chaotic within my memory.” He’s not alone. In August, the usually…
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Tax Meets Technology: A Chat With Jessica Mah Of inDinero.com
There’s a perception that the tax world is static: that’s it’s a bunch of stodgy old accountants hunched over ledger books, crunching numbers. In reality, the tax world is constantly moving, driven not only by an ever-changing Tax Code but by technology. You may not notice it at tax time, but advances in technology are…
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FC Barcelona Agrees To Hefty Fine To Settle Tax Evasion Charges Related To Neymar Signing
FC Barcelona has agreed to pay back taxes and a fine to Spanish tax authorities to settle a tax dispute involving signing the soccer superstar Neymar.
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New Scam Warning: Taxpayers Still Being Asked To Pay Taxes In Gift Cards
The Treasury Inspector General for Tax Administration (TIGTA) has announced that it has received additional information that callers impersonating Internal Revenue Service (IRS) or Treasury Department employees are demanding payments not only on iTunes Gift Cards but on other gift cards as well.
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Take This Tax Bill And Shove It: Outlaw Country Singer Ordered To Pay IRS Nearly $1 Million
Outlaw country music singer-songwriter David Allan Coe has been ordered to pay $980,911.86 to the Internal Revenue Service (IRS) after pleading guilty to tax charges.
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Just You Wait: Hamilton, Other Tony Award Winners Want Longer Tax Break
As part of the Protecting Americans from Tax Hikes (PATH) Act 2015, also known as the Extenders Bill, the tax package not only extended the expensing provision for qualified film and television through 2016 but added live theater productions to the mix. Will the success of Broadway’s “Hamilton” help extend it one more time?
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NFL's Richard Sherman Talks Football, Taxes & Why Billionaire Owners Should Pay For Stadiums
The NFL’s Richard Sherman thinks he’d make a good President. He would fix the deficit, lower taxes – and make NFL owners pay for their own football stadiums.
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IRS Did Not Identify, Assist All Potentially Affected Taxpayers After 'Get Transcript' Access
A Treasury Inspector General for Tax Administration (TIGTA) audit was conducted after the Internal Revenue Service (IRS) reported that identity thieves had illegally accessed tax information tied taxpayer accounts. TIGTA found that the IRS did not identify and assist all potentially affected taxpayers about the access or attempted access.