From irs.gov: Katrina Victims Will Have Until Jan. 3 to File and Pay Taxes, IRS Says IR-2005-96, September 8, 2005 WASHINGTON – Victims of Hurricane Katrina will have until Jan. 3, 2006 to file any returns, pay any taxes or make any deposits due, the Internal Revenue Service announced today. This extends and expands relief…
From irs.gov: Treasury, IRS Announce Special Relief to Encourage Leave-Donation Programs for Victims of Hurricane Katrina IR-2005-97, Sept. 8, 2005 WASHINGTON — Department of the Treasury and Internal Revenue Service officials announced today special relief intended to support leave-based donation programs to aid victims who have suffered from the extraordinary destruction caused by Hurricane Katrina….
From irs.gov: IRS Expedites Charity Applications, Urges Use of Existing Charities IR-2005-93, Sept. 6, 2005 WASHINGTON — The Internal Revenue Service will provide an expedited review and approval process for new organizations seeking tax-exempt status in order to provide relief for victims of Hurricane Katrina. However, the agency encourages people to use existing organizations currently…
The Erb Law Firm would like to offer assistance to attorneys who are affected by Hurricane Katrina. Any attorneys in the affected area who need help in preparing federal extensions (tax or immigration) or sending notices to clients, please call our offices or email katrina@erblaw.com. If we can help, we will. Our thoughts and prayers…
Announced today: IRS Creates Disaster Relief Toll-Free Number IR-2005-88, Sept. 1, 2005 WASHINGTON — The Internal Revenue Service announced today the establishment of a special toll-free telephone number for use by taxpayers affected by Hurricane Katrina. People affected by Katrina who need help with tax matters can call 1-866-562-5227. Beginning today, taxpayers can call the…
From irs.gov: IRS Grants Tax Relief for Hurricane Katrina Victims IR-2005-84, Aug. 30, 2005 WASHINGTON — The Internal Revenue Service today announced special relief for taxpayers in the Presidential Disaster Areas struck by Hurricane Katrina. These taxpayers generally will have until Oct. 31, 2005, to file tax returns and submit tax payments. The IRS will…
Eight former KPMG execs have been charged with conspiracy to sell fraudulent tax shelters. They are former KPMG Deputy Chairman Jeffrey Stein, former officials John Lanning, Richard Smith, Jeffrey Eischeid, Philip Weisner, John Larson, Robert Pfaff and Mark Watson; a ninth person was also charged in the scheme, outside tax attorney Raymond Ruble. It is…
TaxProf Blog reported that Lee Sheppard had penned an article (note that this is a pdf) critiquing the business purpose logic of FLPs in light of Strangi, which I blogged about previously. I read the article, it’s highly entertaining and well worth a peek. Check it out!
Cindy Sheehan has already made a name for herself as a peace advocate, having lost her son in the war in Iraq. She’s now making the case for civil disobedience in the realm of taxes, stating: “My son was killed in 2004. I am not paying my taxes for 2004. You killed my son, George…
Hopefully, if you’re a nonprofit organization, you are! Check out the latest checklist for nonprofit accountability here.