It’s tax cut-apalooza on Capitol Hill. No wonder. It’s an election year, and a majority of Americans are not happy with the current state of
Read MoreCategory: IRS news/announcements
Cost Of Doing Business
The IRS has announced increases in a number of user fees for tax-exempt organizations, effective July 1, 2006. Specifically of interest, the fee for an
Read MoreIRS Continues To Probe Money-laundering
Well, only if you live in Alabama, Alaska, Arizona, Arkansas, California, Connecticut, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nebraska, New
Read MoreIrs.gov Breaks Own Record
The IRS announced that there were more visits to its web site, www.irs.gov on April 17, 2006, than any other single day in the past.
Read MoreMore Auto Credits
The IRS announced last week that it has revised its list of automobiles eligible for hybrid tax credits. In December, the IRS published a list
Read MoreIRS Issues Reminder About 5471
The IRS has recently issued a reminder that U.S. citizens and residents who are officers, directors or shareholders of foreign corporations may have to file
Read MoreSelling Out
The IRS is becoming increasingly defensive about reports that it hopes to make it easier to sell taxpayer’s information as a result of the proposed
Read MoreThink You Could Do A Better Job Than The IRS?
Well, maybe you’re in luck – sort of. The IRS is looking for folks who are interesting in improving the IRS by being a member
Read MoreNews Flash: IRS Wants You To Pay Your Taxes
And they’ve prepared a special “memo” addressing reasons why you shouldn’t… On March 16, 2006, the IRS published IRS Notice 2006-31 describing 26 frivolous arguments
Read MoreHow Much Are You Worth?
Or put another way, how much does your tax preparer think you’re worth? The Philadelphia Inquirer recently broke a story that the IRS has been
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