The spectacle that was the Lebron-athon on yesterday is over. If you haven’t heard (in which case I desperately want to know how that happened), James chose Miami. It might have had something to do with taxes. Or maybe he was desperate to get out of Cleveland, a city that is devastated – and ticked…
The upside of a down economy: as Congress puts more emphasis on tax collections, the Internal Revenue Service (IRS) needs more workers. Voila. Increased employment. And no need to worry about expensive promotional materials or classified ads that might get overlooked. The IRS has gone all modern on us, using YouTube as a recruiting tool….
“…in this world nothing can be said to be certain, except death and taxes. They say death and taxes are inevitable.” – Benjamin Franklin But not necessarily at the same time. Just ask Earl Phillips (no relation) of Kentucky. Last month, Phillips dialed up Kentucky’s Department of Revenue to ask a question about his tax…
Last week, the Internal Revenue Service began accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years. Applications will be accepted June 1, 2010, through July 9, 2010. Previous grant recipients will…
The IRS will open approximately two hundred IRS Taxpayer Assistance Centers across the country today to provide help to individual taxpayers dealing with notices and payments, return preparation and a variety of other tax issues. Each office will be open from 9:00 a.m. until 2:00 p.m. local time. To find a center near you, click…
Nicolas Cage has another set of tax woes to add to what he has already described as a “catastrophic” financial meltdown. It’s not just the feds who have come calling; now the state of California wants Cage to pay up as well. The Golden State has filed a lien against the actor and his wife…
On Saturday, June 5, approximately 200 IRS Taxpayer Assistance Centers will host an open house to provide help to individual taxpayers dealing with notices and payments, return preparation and a variety of other tax issues. Each office will be open from 9:00 a.m. until 2:00 p.m. local time. Click here for a list of participating…
IRS Commissioner Doug Shulman has issued the following statement about charities who have not yet filed their forms 990-N: Now that the May 17 filing deadline has passed, it appears that many small tax-exempt organizations have not filed the required information return in time. These organizations are vital to communities across the United States, and…
Years ago, small tax exempt organizations had it easy. So long as they raised less than $25,000 in a calendar year, they general didn’t have to file an informational return with IRS. Easy. That all changed in 2006. The Pension Protection Act of 2006 made it mandatory for most tax-exempt organizations to file an annual…
No, really, they do. The IRS has announced that it is accepting applications for new members for the Internal Revenue Service Advisory Council (IRSAC). According to the IRS’ press release, the purpose of the council is to provide “a forum for IRS officials to discuss key areas of tax administration with a broad range of…