The Internal Revenue Service (IRS) has issued some guidance on the “Consumer Assistance to Recycle and Save” (Cash for Clunkers program). President Obama signed the
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Don’t Be Fooled: Homebuyer’s Credit Fraud Is Still Fraud
With a more or less self-governing tax system, there are always going to be opportunities for fraud. New deductions and expenses create an environment that
Read MoreIs UBS About To Name Names?
Rumors have been swirling for months that a settlement between UBS and the Justice Department would be announced in mid-July. Specifically, The New York Times
Read MoreUK Tries Out Amnesty For Offshore Accounts
In an effort to recover income from funds that might have been hidden offshore, the US introduced a Voluntary Compliance Program that offers reduced civil
Read MoreIs Michael Jackson’s Doctor In Trouble With The IRS?
Rumors are swirling around the possibility of manslaughter charges may be filed in the death of pop superstar Michael Jackson. Jackson’s personal doctor, Dr. Conrad
Read MoreFoxy Brown Faces Tax Liens
Foxy Brown must miss being in the headlines. Since 1997, the controversial rap artist has been in and out of court and/or police custody for
Read MoreSome Common Cents…
I love hearing from my readers! I occasionally get stories, jokes and quotes which I try to post when appropriate. Thanks to Jackie for sending
Read MoreBut Tax Pros Are Already Certifiable…
It seems that the IRS’ on again off again love affair with the idea of certifying tax preparers is on again. Earlier this month, IRS
Read MoreIRS Reverses Course On Cell Phone Tax, Asks Congress For Repeal
Just a few days ago, IRS Commissioner Doug Shulman asked for public feedback on proposals to clarify a 1989 law regarding the taxation of cell
Read MoreIRS Fights Back On Cell Phone Issue
The IRS is fighting back on the cell phone issue – only someone forgot to call their PR person first. As blogged earlier, the IRS
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