New 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.
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IRS 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.
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Tax 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.
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IRS 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?
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IRS, TIGTA Continue To Warn Taxpayers Of ‘Largest Scam Of Its Kind’
Think that’s IRS on the phone demanding payment? Think again…
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IRS 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?
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Former 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?
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IRS 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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IRS Proposed Rules For Nonprofits Alarm Conservatives & Liberals Alike
The IRS has issued proposed rules for addressing holes created in the tax-exempt organization application process following Citizens United. The proposal has met with a firestorm of opposition – from conservatives and liberals alike. Here’s how it has transpired so far.
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IRS Processing Returns, Refunds Faster Than In 2013
The tax season continues to roll in 2014. The Internal Revenue Season has released the most recent 2014 tax filing season statistics showing that numbers are up in almost every category as compared to 2013. Processed returns far issued outpace last year’s numbers, despite an abbreviated filing season and a slight dip in the number…