March 29, 2013
Texas computer store owner guilty of $250,000 tax evasion
Texas businessman faces tax evasion sentence of up to five years in prison and three years supervised released, plus up to a $100,000 fine and restitution.
March 28, 2013
How to obtain penalty relief for clients affected by delayed IRS forms
Because of last-minute tax changes this year, 31 IRS forms needed for filing were delayed. Some taxpayers who had to wait for these delayed forms may file an extension.
March 28, 2013
IRS expands ID Theft law enforcement program to all states, helping local agencies
IRS Expands Law Enforcement Assistance Program on Identity Theft to 50 States; Victim Assistance and Criminal Investigations Grow
March 27, 2013
“Love, Sex & the IRS” – A play, to be performed by college students in Pennsylvania. lol
Oh, tax season. Almost everybody gripes, even those who are expecting a refund, and even tax professionals have a love-hate relationship with the season. It pays the bills and can be a lucrative career, but tax season is taxing, to make a bad pun.
March 26, 2013
IRS: Sequester Reduces Amount of Health Care Credit for Some Small Employers
The sequester will affect the calculation of the small business health care credit that's refundable to qualifying tax-exempt employers.
March 26, 2013
The Dirty Dozen … The IRS warns of top tax scams
The Internal Revenue Service has issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.
March 24, 2013
Pittsburgh police chief failed to file income taxes from 2008-2011, facing charges
Pittsburgh's former police chief Nate Harper may lose his pension, but that's the least of his worries. At least the place where he may soon be living won't charge rent.
March 21, 2013
IRS to waive late payment penalty for filers who had delayed forms, and file tax extension
The Internal Revenue Service says it is goint to waive the late-payment penalty for individuals and businesses who request a tax filing extension because they are have forms attached to their returns that weren't available until February.
March 19, 2013
Seven Tax Saving Tips for Small Business Tax Returns
Thomson Reuters tax analyst lists tax deductions and credits to consider on 2012 returns.
March 19, 2013
After losing match, UFC fighter says he’s never paid taxes
An athlete holding a media briefing after being beaten may be chalked up as a sign of a poor loser, but admitting on national television to avoiding the IRS?
March 16, 2013
IRS deputizes local police and sheriff officers in Florida to help fight tax fraud
The Internal Revenue Service has deputized law enforcement officers from 10 Tampa Bay-area agencies as a part of the Tampa Bay Identity Theft Alliance, which investigates allegations under federal bank and money laundering laws and exercise authority outside their current jurisdictions as local officers.
March 14, 2013
Ex-IRS worker convicted of tax fraud and extortion
A former IRS worker faces more than 15 years in prison after a jury convicted her Wednesday of masterminding a scheme to collect thousands of dollars in refunds by filing bogus claims for tax credits.