Of tax returns filed before Tax Day 2014, the IRS says it issued more than 85 million refunds. Statistically, that’s about 75% of tax returns filed.
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IRS, CRA Take Dramatically Different Positions On Heartbleed Security Concerns
With security and privacy concerns mounting about the Heartbleed bug, the Canada Revenue Agency (CRA) has temporarily shut down its online filing options. What does IRS say about it?
Read MoreNew IRS Commissioner Talks Tax, Scandal, and Congress
IRS Commissioner John Koskinen stopped by the National Press Club to talk tax season, IRS funding, tax exempt organization scandals – and reference a little March Madness.
Read MoreIRS Alleges Iconic Pizza Shops Offered Up Slices, Hold The Taxes
The U.S. Attorney’s Office claims that owners of an iconic pizza shop, Manco & Manco, were cooking more than just slices: they were also cooking the books. Today, Charles and Mary Bangle appeared in a federal court in Camden, New Jersey, to face charges of conspiracy to evade income taxes, income tax evasion, and making false statements to the IRS.
Read MoreTax Scammers To The Left Of Me, Tax Schemers To The Right Of Me
Tax scammers are at it again. Here’s what they’re trying now… and how to protect yourself.
Read MoreIRS Says Bitcoin, Other Convertible Virtual Currency To Be Taxed Like Stock
The IRS has finally issued some guidance on the tax treatment of Bitcoin and certain other virtual currency. What did they decide?
Read MoreIRS, TIGTA Continue To Warn Taxpayers Of ‘Largest Scam Of Its Kind’
Think that’s IRS on the phone demanding payment? Think again…
Read MoreIRS Reports More Taxpayers Filing Taxes From Home In 2014
With just about a month left in tax season, IRS is reporting an uptick in the numbers of taxpayers filing from home computers. Are you one of them?
Read MoreFormer IRS Official Refuses To Testify Again, Lawyer Blasts “Partisan” Hearing
Lois Lerner, the former Director of Tax Exempt Organizations was back in Washington today to testify about her role in the IRS tax exempt organization scandal. At the May 2013 hearing, Lerner pleaded the Fifth. She was called back this month. Was the result any different?
Read MoreIRS Investigations, Prosecutions For Tax Crimes Up In 2013
Those stories you’ve been seeing about tax-related crimes, investigations and convictions? They’re not just sensationalist. They’re real. And they’re part of a continuing trend by IRS to investigate financial crimes. Read what the annual report had to say about them…
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