Taxes July 15, 2026
Make the IRS an Offer It Can’t Refuse
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
Taxes July 15, 2026
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
January 23, 2013
The executive vice president of the National Society of Accountants (NSA) has issued a statement regarding the recent court ruling in which a judge found that the IRS should not have regulatory power over tax preparers.
January 22, 2013
A Winston-Salem, North Carolina, man was sentenced in federal court today to 15 years, five months in prison for employment tax fraud.
January 22, 2013
Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal...…
January 16, 2013
The IRS has announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes.
January 16, 2013
Jan. 14–ST. LOUIS — A man confined to a St. Louis halfway house on a federal crack cocaine charge helped a Florida woman cash out the proceeds from her $1.4 million tax scam, officials said Monday. Federal prosecutors on Monday charged Jason Bibbs, 27, with conspiracy to commit false claims. In the affidavit accompanying the...…
January 15, 2013
The IRS has released the 2013 federal income tax tables, which include annual inflation adjustments.
January 15, 2013
A Massachusetts man was convicted today of defrauding the Internal Revenue Service out of nearly $2 million by lying on corporate tax forms about how many workers he employed, according to the U.S. Attorney's Office.
January 14, 2013
A husband and wife from Brooklyn, Conn., have been charged by federal prosecutors with conspiracy to defraud the Internal Revenue Service and four counts of tax evasion.
January 11, 2013
The IRS's National Taxpayer Advocate Nina E. Olson released her 2012 annual report to Congress on Wednesday, identifying the need for tax reform as the overriding priority in tax administration.
January 10, 2013
We narrowly avoided going over the fiscal cliff earlier this month, but Congress' down-to-the-wire decision making has had an unsavory side effect.
January 9, 2013
Tax filing season to start Jan. 30, but late February for more complex returns
January 4, 2013
The IRS has announced a revision to its voluntary classification settlement program (VCSP) that provides partial relief from federal employment taxes for eligible taxpayers who agree to prospectively treat workers as employees.