Those Not-So-Lost IRS Emails: Up To 30,000 Lerner Emails May Have Been Recovered
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Remember those missing IRS emails? The ones from Lois Lerner? They might not be missing after all.
Credit Suisse was ordered today to pay up for its role in helping U.S. taxpayers evade taxes. The banking giant must pay $1.8 billion to the U.S. by next week. What else does the sentencing mean?
Al Sharpton agrees with charges that his nonprofit, the National Action Network, owes outstanding taxes to the IRS and the State of New York. He also agrees that he owes personal taxes to the IRS and the State of New York. He doesn’t, however, agree that he owes as much as alleged, charging that the story was intended to call attention to an old story instead of the one he thinks folks should be talking about: Ferguson.
Is your phone ringing off the hook with numbers you don’t recognize? Those might be spam calls fishing for personal or financial information: they might even be IRS impersonators. Identity theft is a growing problem these days for taxpayers. The more you know, the more can protect yourself.
With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?
If your phone is still ringing with tax scams and IRS impersonations, you’re not alone. J. Russell George, the Inspector General, has referred to these ongoing schemes as “the largest scam of its kind that we have ever seen.” As IRS and TIGTA try to combat the growing problem of identity theft and tax scams, the fraudsters are hoping to stay a few steps ahead. They’re switching up their schemes in an effort to not get caught. Have you read about their latest efforts?
The Internal Revenue Service has announced the annual inflation adjustments for a number of provisions for the year 2015, including tax rate schedules, tax tables and cost-of-living adjustments for certain tax items. If you’re looking for 2015 tax rates, here you go!
Earlier this year, the AICPA filed suit against the IRS to stop the new Annual Filing Season Program. The court has ruled and IRS gets the win (on procedure).
It’s that time of year again! With the 2015 tax filing season just months away, IRS reminds tax preparers that they must have a valid PTIN. And for those seeking voluntary credentials, the AFSP will be opening shortly.
Today, a federal court judge dismissed two high profile lawsuits against the Internal Revenue Service over its handling of tax exempt organization applications. What do those rulings mean for other tax exempt organizations? The answer might surprise you.