Taxpayer asks: I PAY MY XWIFE SUPPORT CAN I CLAIM THAT MONEY ON MY TAXES? Taxgirl says: This is another one of those questions for which I have received a bunch of variations on a theme. It’s not just high profile divorcees like Britney Spears and Kevin Federline, pictured above, who have to deal with…
A reader just passed along this letter from Bob Meighan at TurboTax that several folks have apparently already received: Dear Valued Customer, We want to provide you with the most up–to–date information about the tax rebate to which you may be entitled. Recently, you may have received a letter from the IRS advising you when…
Stephen Colbert discusses his rebate check and tells you how you might spend yours… Of course, you and I both know that he didn’t really get one (he makes too much money). But he’s still funny! (Note: Video no longer available.)
Melanie Taylor should feel comfortable behind bars: her participation in a tax fraud scheme with prisoners will likely land her in prison. Taylor has pleaded guilty to conspiracy to tax fraud charges stemming from a scheme that she ran with inmates at the Maryland Department of Corrections and other prisons. The tax losses are said…
More reading about manufacturing and the economy: Where do your things come from? Whose Economy Do Your Purchases Support? Made in the USA? Where do items for your home business come from? Made in the USA Fun Friday: Ode to a Chinese boycott Where Does Your STUFF Come From?
It’s been suggested on this blog – and others – that the big “fix” to the economy would be to buy more American products. I don’t know how much of an immediate impact it would have on the economy but doing it is actually harder than it sounds. So many products – even those that…
And just when we thought the IRS had a handle on things… After admitting that 350,000 taxpayers were underpaid on their tax rebates because of an omission of the child tax credit, the IRS has another mea culpa: they’ve been misdirecting tax rebates to the wrong accounts. According to an article in Newsday, an IRS…
So, it turns out that I was wrong. But the IRS was more wrong. Way wrong. It turns out that up to 350,000 households did not receive the $300 per child owed them as part of their economic stimulus rebate payments. The IRS blames “human error” and “computer glitches.” According to the IRS, taxpayers are…
The IRS has reported that as of May 3, 2008, more tax returns had been processed than at the same time last year. How many more? About 15 million more to nearly 142 million, an increase of about 11%. And despite what those hold times felt like, the number of phone calls answered by IRS…
On May 5, the idea of bargain shopping on eBay took a new twist. Item 100237099149 went up for sale for the sum of $75 but the item was actually quite priceless. You see, what appeared to be just another auction item was actually a CD containing the “income-tax returns for 2005 of the entire…