February 22, 2013
A Catholic elementary school in Erie, Pennsylvania, owes the Internal Revenue Service more than $300,000 for failing to remit federal withholding taxes when the school was facing financial difficulties.
February 22, 2013
A convicted Miami-Dade drug trafficker unemployed for the past decade discovered how to make a quick buck, cashing $12 million in fraudulent tax-refund checks over five months last year, authorities say.
February 22, 2013
The National Association of Enrolled Agents has issued the following statement on how the Affordable Care Act, aka ObamaCare, will affect small businesses:
February 21, 2013
Survey shows Americans blame IRS for tax ID theft, instead of themselves for lax precautions.
February 20, 2013
During the past decade, the IRS has gotten more business-like about the taxpayers they select to audit. Like all smart businesses, the IRS wants to turn a profit these days. Currently, tax returns are selected for audit based on the chance that the IRS will find enough errors or missing income to generate additional taxes…
February 19, 2013
According to a survey by the Texas Credit Union League (League), 65.6 percent of Texans who participated in a recent League survey said they plan to use their tax refund to pay off debt. Similarly, 45.9 percent of Texans plan to use their refund to jump start their savings.
February 15, 2013
Two days after their house was searched, Jermell Cornelius Hickman married his girlfriend, Ebonie Hampton.
February 15, 2013
A Kansas woman formerly employed by the Internal Revenue Service faces up to 10 years in federal prison and fines after admitting she stole thousands in public funds, a federal prosecutor said Thursday.
February 14, 2013
The U.S. and Switzerland have signed a pact to crack down on tax evaders by making Swiss banks reveal more information about offshore accounts held by Americans, the Treasury Department said Thursday.
February 14, 2013
The United States posted a $3B federal budget surplus for the month of January, marking the first surplus in about five years.
February 13, 2013
Tax preparers across the country are quickly getting into the busy time of the year: Tax season.
February 13, 2013
A federal grand jury indicted the legal advocate for children in Lackawanna County, Pennsylvania on charges of tax evasion and filing two false federal income tax returns stemming from her failure to report payments she received from parents.