May 7, 2012

Victims Of Identity Theft Must Still Satisfy Their Obligations To The IRS

Since we have previously established that the IRS is willing to make taxpayers wait a substantial period of time for their refunds while they sort out identity […]
April 30, 2012

Supreme Court Deals Blow to IRS In Tax Shelter Case

The U.S. Supreme Court ruled against the IRS in a decision that may prevent the collection of $1 billion from people who used a tax shelter […]
April 27, 2012

IRS Files Lien Against Anna Nicole Smith’s Estate For Back Taxes

The Estate of Anna Nicole Smith is finding out the hard way that taxes are as certain as death.  It seems that the IRS has filed […]
April 25, 2012

Florida Tax Preparer Pleads Guilty to Identity Theft and Wire Fraud

According to the Justice Department and the IRS, Ernst Pierre, a Florida tax preparer, plead guilty on April 24, 2012, to wire fraud and aggravated identity […]
April 20, 2012

Helpful Pointers For Taxpayers Who Missed The Filing Deadline

Inevitably, there will be some taxpayers who were not able to meet the Tuesday, April 17 deadline for filing their income taxes.  Here are some tips […]
April 18, 2012

Keeping Up With Tax Obligations Can Present Special Problems For Active Duty Military

Frequent overseas deployment, constant address changes, the added complexity of military tax returns, and confusion over complicated tax provisions such as the combat tax exclusion, are […]
April 16, 2012

Last Minute Tips For Tax Filers

Income tax returns are due by the end of Tuesday, April 17.  Here are a few helpful tips to ensure that your filing runs smoothly. Double […]
April 2, 2012

TaxMasters Files For Bankruptcy; Hit with $195 Million Judgment

TaxMasters, the tax firm known for late night commercials featuring Patrick Cox, its red-bearded founder, has filed for bankruptcy and lost a huge civil suit, all in […]
February 24, 2012

The IRS Has 1 Billion In Uncollected Refunds From 2008; Walk, Don’t Run, To Claim Yours

The IRS has announced that it is holding funds, totaling more than $1 billion, that are awaiting a claim from the more than one million people who did […]
February 2, 2012

Citibank Airline Miles Fiasco Illustrates The Difficulty In Determining “Taxable Income”

It’s tax season, which means our mailboxes are filling up with W-2s, 1099s and other tax forms provided to the IRS in order to enlighten them […]
January 5, 2012

IRS Extends Deadline To File 2011 Income Tax Returns

In a pleasant turn of events, the IRS has announced that taxpayers will have two extra days to file their tax returns for their 2011 income […]
December 23, 2011

New Form 1099 Rules For 2012

The IRS will implement new rules in 2012 that will likely affect most businesses.  Changes have been made to the reporting rules for IRS form 1099, the […]