Linda Beale reports that the IRS is making the Offer in Compromise process easier for taxpayers: “The IRS has announced more flexible offer in compromise terms, in an effort to make it easier for financially distressed taxpayers to get a “fresh start” by erasing their tax liabilities, and may also result in less time taken for… Continue reading IRS Makes it Easier to Settle Tax Debts
The IRS is apparently so happy with the results of it’s offshore voluntary disclosure program that it has established a similar program in the area of worker classification.
IRS Commissioner Doug Shulman has come out for tax simplification: Most taxpayers want simplicity. They want to pay what they owe, understand what tax benefits they are entitled to, and not get tripped up
When you file or pay your taxes late or are audited and changes are made to your return the IRS will usually assess a penalty against you. The IRS penalty rates vary from 5 percent
The IRS was handed a huge defeat in federal district court on Tuesday when Judge Anne B. Conway of the Middle District of Florida ruled that the United States had not proved that even $1 of profits
WebCPA reports that an estimated 32,552 taxpayers may have been harmed because the IRS did not follow legal requirements to notify them and their representatives of their rights related to tax liens in a timely fashion
WebCPA tells us that the IRS has filed a tax lien against singer R. Kelly for $837,442.59: The IRS filed the tax lien against the Grammy-winning R&B singer-songwriter in January 2010, according to the Detroit News.
You remember Cindy Sheehan, don’t you? She is the proud soldier’s mother who remained silent about President Bush and the Iraq war as long as it was the sons of other mothers who died in battle
Paul Caron discusses Danshera Cords’ Brandeis Law Review article Lien on Me: Virtual Debtors Prisons, The Practical Effects of Tax Liens and Proposals for Reform, 49 Brandeis L.J. 341 (2011)
The National Law Journal has a great article titled Attorneys Angered Over Lack of IRS Aid which tells about the IRS’s failure to efficiently and properly evaluate and process Offers in Compromise and Partial Payment Installment
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