Archives for March 2012

Obama’s IRS Increases Tax Audits of 1 Percenters

Obama’s IRS Increases Tax Audits of 1 Percenters

The Wall Street Journal reports in IRS Ramps Up Audits of Wealthiest that “the IRS expanded its audits of Americans earning more than $500,000 last year, with a stark increase for those making more than $1 million:”…

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Tax Scam Outfits: Taxpayer Beware

Tax Scam Outfits: Taxpayer Beware

A tax preparation business called Mo’ Money Taxes, based in Memphis, Tennessee, has been sued by several state attorneys general. Illinois, for example, has charged the company with filing fraudulent returns without client authorization and illegally charging its clients millions…

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Shocker: Tax Preparation Outfit Named “Mo’ Money Taxes” isn’t Legit

Shocker: Tax Preparation Outfit Named “Mo’ Money Taxes” isn’t Legit

James Maule tells the story of a tax preparation company called Mo’ Money Taxes: One of my readers alerted me to a story of which I had been unaware. It involves a tax return preparation…

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Corporation Tax Returns Due March 15th

Corporation Tax Returns Due March 15th

The deadline for calendar year corporations (C Corporations and S Corporations) to file their tax returns is Thursday, March 15th. If yoou don’t have your records in order or don’t think you can make the…

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Tax Crimes: What the IRS Looks For

Tax Crimes: What the IRS Looks For

There are certain tax crimes that the IRS criminal investigation division investigates and refers for prosecution more than others. Here are four of the most frequently prosecuted tax crimes: Failure to File Tax Returns The…

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