The Internal Revenue Service (IRS) is expanding its social media presence. And while that’s to be expected in a fast-moving, tech-based world, it’s the platform that’s turning heads: TikTok. TikTok is a Chinese video-sharing social networking service. Dominated mainly by teens and young adults, the fast-growing platform is primarily known for its short (about 15…
If you feel like your cell phone bill gets bigger every time you see it, brace yourself: Rates are about to go up again. As Congress scrambles to balance the budget – even as spending has spiraled to a whopping $1.3 trillion for this fiscal year – they hit upon a realization. Texting is more…
It appears that the Internal Revenue Service (IRS) is taking Congress’ edict to “do more with less” very seriously. In a move that’s sure to raise some eyebrows, the federal agency has announced that it will allow taxpayers to claim an enhanced “bonus” charitable deduction for contributions made directly to the agency for a limited…
Last year, the U.S. Postal Service revenue grew a whopping 4.3% to $18.7 billion. Those are huge numbers and they’re attracting attention from a curious source: Congress. Revenue from the Postal Service doesn’t flow through to the General Fund – like tax dollars – but what if it did? As Congress grapples with a growing…
It’s April Fool’s Day!
(Note: Now that this post is a few days old, not everyone gets the joke. I don’t want to spoil the surprise at the end but, er, read with a grain of salt. And don’t stop midway!) With sequestration in full swing, Congress has been searching for new ways to raise revenue for the nation’s…
Fooled ya! In case you didn’t read all of the way to the end (ahem) on yesterday’s post, it was, in fact, an April Fool’s Day joke. I have fun with my April Fool’s Day posts every year. You can catch some of the prior posts by clicking below: IRS Offers Discount for Cash Payments…
In case you missed it, yesterday’s post was a nod to April Fool’s Day (the IRS won’t really issue you a discount for paying in cash). I have fun with my April Fool’s Day posts every year and you can catch some of the prior posts by clicking below: Obama Administration Takes Heat for Planned…
Citing a need for immediate liquidity in the U.S. Treasury, the IRS has announced a set of surprising measures for the 2011 tax season, including a 10% discount for taxpayers willing to pay in cash. A further discount – up to 15% depending on the type of coin – is available for taxpayers paying in…
In case you missed the humor in yesterday’s post, yes, it was outrageous and silly and it was an April Fool’s Day joke. If you didn’t catch them before, you can view April Fool’s posts from prior years here and here.