IRS has a $1 100 gift for some O.C. taxpayers estimate 17 percent of taxes owed went unpaid 5 Tax Planning Tips Small Business Owners Man Calling on Capitol Hill RAW Week Trickster Santa and the Real Revolution by Tiffany Lee Brown Wins $62M GE Shelter Case Study Says Percent Taxes Went Unpaid Fire them Federal employees retirees owe $3.4 billion in Sneaky Phone Marketers Outfox 'Caller ID' Why is investment income taxed less than wages workers TaxWatch How to file your free Budget Cuts Hamper I.R.S. From Performing Its Duties Report Mitt Romney's Entitlement Problem Gingrich Used Payroll Ploy Often Attacked By Casey Anthony's Lawyer Quits Worst News Story 2012 Renews Disclosure Program Offshore Assets

IRS Audit Red Flags: The Dirty Dozen Although there's no sure way to avoid being audited, your chances increase depending upon various factors. IRS Wins $62M GE Tax Shelter Case You would expect a tax shelter designed to save $62 million in taxes to be complicated.?? You would be right. The Second Circuit upheld a ruling against General Electric?s financing arm that charged the conglomerate with understating its income. See??TIFD III-E Inc. v. United States. The court said the IRS was right and IRS penalties ... The Case For Investing in the IRS Most American taxpayers would not consider the IRS to be underfunded, let alone the IRS's need for more resources to be the most serious problem they face. Given the growing "tax gap" (i.e., the amount of all unpaid tax liabilities), however, a persuasive case can be made that the government should invest more in the ... IRS Free File available now IRS Free File, which has been making taxes a little less taxing for a decade is available now. More than 33 million returns have been filed through Free File since its debut. IRS Should End Commodity Mutual-Fund Runaround, Levin Says U.S. tax authorities should stop a private rulemaking process that has encouraged speculation in oil and agricultural markets by letting mutual funds exceed limits on commodity investments, Senator Carl Levin said. IRS Offering Free Tax Preparation The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax help generally to people who earn $50,000 and less. IRS delays refunds for early tax filers Bad news is hitting consumers who filed 1040 federal income tax returns early. They're going to wait possibly a week or so longer than expected to get their refunds. IRS: Cleaning lady helped in tax fraud According to investigators, the alleged scheme involved the defendants and others obtaining the personal identifying information belonging to mentally disabled adults that was used to prepare false income tax returns in order to claim false refunds. How to Avoid an IRS Audit Tax season is upon us, with most Americans putting together the materials they need to file their returns, gathering receipts, and searching for other tax deductions to maximize the amount they get back ... IRS Does Outreach on EITC Awareness Day The Internal Revenue Service re-launched its annual outreach campaign Friday to promote Earned Income Tax Credit Day.
Key Words: irs

References:
http://economy.ocregister.com/2011/11/30/irs-has-a-1100-gift-for-some-o-c-taxpayers/100074/
http://www.startribune.com/business/136830373.html
http://feedproxy.google.com/~r/boingboing/iBag/~3/Xny17wvygnE/raw-week-trickster-santa-and.html
http://www.forbes.com/sites/robertwood/2012/01/27/irs-wins-62m-ge-tax-shelter-case/?feed=rss_home
http://www.foxnews.com/politics/2012/01/06/irs-study-17-percent-taxes-went-unpaid/
http://feeds.latimes.com/~r/latimes/news/~3/JId184d6Q-o/la-fed-employees-taxes-m,0,6141000.story
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http://feedproxy.google.com/~r/powerlineblog/livefeed/~3/y0hoMnPKfPY/worst-news-story-of-2012.php
http://www.nytimes.com/2012/01/10/business/irs-renews-disclosure-program-for-offshore-assets.html
http://pixelhat.net/