Posts Tagged ‘IRS (Demo)’
The IRS Is Messing with Taxation of Unemployment Benefits
Show Notes:
1) The IRS is messing with taxation …
IRS Still Processing 6.7 Million Returns from Last Year
1) IRS Still Processing 6.7 Million Returns from …
Read MoreThe IRS Has 3 Million Unopened Pieces of Mail!
IRS Shutdown And SBA Report On Status Of Payroll Protection Loans
Small Business Administration report on status of…
Read MoreIRS Announces New Efforts to Help Offshore Taxpayers Be in Compliance
IRS Announces New Efforts to Help Offshore Taxpayers Be in Compliance For years the IRS has been trying to track down U.S. citizens’ offshore assets in order to ensure that taxpayers are paying every penny they owe. However, these efforts have often affected many people who had no intention of ever skipping out on their…
Read MoreIRS Eases Reporting Burden on Corporations and Shareholders
IRS Eases Reporting Burden on Corporations and Shareholders WASHINGTON — The Internal Revenue Service today announced new regulatory revisions that will reduce the reporting burden on corporations and shareholders while also making it easier for them to file their tax returns electronically. The announcement is part of an on-going effort by the IRS to remove…
Read MoreRepublicans Looking to Cut Back on IRS Budget Even More
Republicans Looking to Cut Back on IRS Budget Even More The IRS is no one’s favorite agency; however, when it comes to political parties the democrats are definitely friendlier with the IRS than the republicans. Things have been on a steady decline between the IRS and republicans ever since it was discovered that the IRS…
Read MoreCan the IRS Really Tax You on Income Not Earned?
Can the IRS Really Tax You on Income Not Earned? By Kent Livingston Just imagine for a moment that you discovered there was a treasure buried in your backyard. Not likely, but just play along. Of course, you decide to dig this treasure up and enjoy all the benefits that come with it. Now imagine…
Read MoreWillfully or Not, That Is the Question
Willfully or Not, That Is the Question “I didn’t know; it was an honest mistake.” “No one told me that I had to do that.” “But honestly, I didn’t understand what that meant.” Do these phrases sound familiar? Of course, they could be applied to many different situations in life and most of us have…
Read MoreIRS FIN 48
IRS FIN 48 Background As a result of the impending effective date for the application of Financial Accounting Standard Board Interpretation No. 48, Accounting for Uncertainty in Income Taxes, of FASB Statement 109 (FIN 48), some taxpayers may wish to request a greatly accelerated examination and resolution before the end of their current financial statement…
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