With apologies to Norma Desmond: The IRS is big. It’s the offices that got small. The IRS has announced that it is making significant reductions
Read MoreHewlett Packard’s No Good, Terrible May: Layoffs And Tax Losses
Hewlett Packard CEO Meg Whitman sounded pretty chipper this week about the future of the company. She spoke effusively about how well things were going.
Read MoreMore Americans Believe It’s Easier To Understand Tax Than How To Eat Healthy
And you thought doing your own taxes was hard? More than half of Americans (52%) believe it is easier to figure out their taxes than
Read MoreIRS Imposes EIN Limits
The IRS has announced that as of May 21, 2012, it will issue only one employer identification number (EIN) per responsible party each day. The
Read MoreAsk The Taxgirl: Medical Expenses & Income Adjustments
Taxpayer asks: I’m confused by part of the notice I got from the IRS about my 2010 taxes. The first part was clear – I
Read MoreMurder Suspect Allegedly Used Victim’s Identity To Commit Tax Fraud
On the afternoon of October 24, 2011, Hillsborough County (Tampa, FL) sheriff’s deputies responded to a report of shots fired between two housing duplexes. They
Read MoreDefense Bill Covers A Lot of Ground Including Budget Increase, Same Sex Marriage Ban & Retitling Of Navy
So first, the good news: the U.S. ended April in the black. Yes, it was largely the result of tax revenues from Tax Day but
Read MoreNational Ride Your Bike To Work Day Offers The Chance To Lower Your Tax Bill
It’s National Ride Your Bike to Work Day! Riding your bike to work has lots of benefits: It’s cheaper than driving (gas prices are out
Read MoreCongress Attempts To Sneak Tax Increase Into Student Loan Bill
Whew, S corporation shareholders… You dodged a bullet last week when the bill to raise your taxes was voted down. You mean you didn’t know
Read MoreViral ‘Tax Loophole’ Video Is Misleading: Taxpayer Fraud Is A Much Bigger Problem
Earlier this month, a reader sent me an email with a link to a news clip from Channel 13 (WHTR in Indianapolis) with the title
Read More