700,000. That’s the number of potential plaintiffs in a class action suit filed today in the United States District Court for the District of Columbia. The suit, Adam Steele, Brittany Montrois et al versus United States of America (complaint opens in Scribd), challenges the Internal Revenue Service (IRS) attempts to regulate tax preparers. The two…
The House has passed a budget deal – and convincingly so. But it will pass muster in the Senate? There are challenges, including concerns about increased spending and those pesky user fees. Are we in for another filibuster?
You can’t raise taxes in an election year. That wouldn’t be wise. You can raise fees. So, of course, IRS did. As of June 2006, the user fee for an organization with annual gross receipts which have exceeded or are anticipated to exceed $10,000 annually over a 4-year period will be $750. For those organizations that…
The IRS has announced increases in a number of user fees for tax-exempt organizations, effective July 1, 2006. Specifically of interest, the fee for an initial application for exemption (federal form 1023) for organizations with anticipated annual gross receipts of less than $10,000 will increase from $150 to $300. The fee for organizations with anticipated…