Archives for May 2011

Client Reviews

Client Reviews

I hadn’t filed a tax return in eight years and the IRS filed them for me and said I owed more than $200,000 in back taxes, penalties and interest. The Pappas Group prepared and filed…

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Senate Blocks Tax Credit Repeal for Oil Industry

Senate Blocks Tax Credit Repeal for Oil Industry

Michael Cohn of Accounting Today reports that Senate Democrats failed to muster enough votes to advance a bill that would have eliminated tax credits for the five largest oil and gas companies: Three Democrats joined…

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Roni Deutch Closes Firm, Surrenders Law License

Roni Deutch Closes Firm, Surrenders Law License

The Consumerist reports that Roni Deutch has closed down her tax problem resolution business and surrendered her law license as a result of a fraud investigation conducted against her by the state of California: If…

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Newt’s Tax Problem

Newt’s Tax Problem

From Paul Caron, the Associated Press reports that Republican presidential candidate Newt Gingrich has a tax problem: Companies run by Republican presidential candidate Newt Gingrich have faced overdue tax bills in four states worth more than $6,000. Records reviewed…

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51% of American Households Pay Zero Tax; Share of Government Funded by the Rich Increases

51% of American Households Pay Zero Tax; Share of Government Funded by the Rich Increases

According to the Wall Street Journal the rich are not only funding the bulk of our federal government, they are funding it at a rate that is increasing faster than their share of income. From the Wall Street…

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