IRS

This Tool Offers A New Way To Estimate Next Year's Tax Refund

A new IRS online tool could turn out to be pretty useful for those trying to get a better handle on how much they're withholding in taxes.       
Related topics: Taxes

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Audit Defense Reviews – The Power Of The Irs

Something which has always scared the life out of me is the IRS, ever since I was younger and heard stories about them closing down businesses, hitting people with penalties and generally taking no nonsense from people when it came to paying their...
Related topics: Tax Audit, Taxes

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Trump Lost $34 Billion In Corporate Revenue By Cutting Irs Budget By $13 Billion: Study

Internal Revenue Service budget cuts enacted by President Donald Trump’s administration are responsible for the loss of tens of billions of dollars in revenue, according to a new report. A study from Indiana University Kelley School of...
Related topics: Donald Trump

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Deep State Irs Employee John Fry Pleads Guilty To Leaking Michael Cohen’s Bank Records To...

Deep State IRS analyst John Fry pleaded guilty Wednesday to leaking Michael Cohen’s bank records to creepy porn lawyer Michael Avenatti and The New Yorker. Mr. Fry was charged in February of this year by the US Attorney’s Office for the...
Related topics: Banking

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Irs Budget Cuts Result In $34.3 Billion In Lost Tax Revenue From Large Firms

Budget cuts at the Internal Revenue Service threaten the agency's effectiveness and have led to billions of dollars in lost tax revenue, new research from the Indiana University Kelley School of Business shows.
Related topics: Taxes

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Cryptos Just Collapsed As Irs Deadline Looms

A month ago, the IRS sent letters to thousands of crypto investors  to clarify crypto tax filing requirements and, in certain cases, compel them to pay back taxes. As CoinTelegraph reports, those who already received letter...
Related topics: Taxes

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Irs Automatically Waiving Underpayment Penalties For More Than 400,000 Taxpayers

The Internal Revenue Service announced Wednesday that it is automatically waiving underpayment penalties for more than 400,000 people who filed their taxes this year.The announcement comes after the agency said earlier this year that...
Related topics: Taxes

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Pay Yo Bills: Irs Says Mary J. Blige Owes More Than $1 Million In Back Taxes (exclusive)

Source: Paras Griffin / Getty Queen Of Hip Hop Soul Accused Of Owing Big Money In Back Taxes The Internal Revenue Service says Mary J. Blige is once again facing major tax troubles. The IRS accused the “No More Drama” singer of owing it big time...
Related topics: Taxes

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Mvnhs© Digs Deeper (& The Irs Joins The Fray)

Into its citizens' DNA, that is. Via email from FoIB Holly R:"Jan Meisels Allen, Chairperson of the IAJGS Public Records Access Monitoring Committee, reports that the UK National Health Service will offer five million Britons free DNA tests to help...
Related topics: United Kingdom

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Federal Judge To Ny: Don’t Turn Over Trump’s State Tax Returns To Congress — For Now

New York’s attempt to get around the IRS and target Donald Trump has come to a temporary — and surprisingly early — halt. A federal judge issued a temporary injunction that forbids the state to use its new TRUST Act to supply...
Related topics: Donald Trump, Taxes

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Cryptocurrencies Get Pinched By The Irs

One perennial challenge faced by tax policymakers and regulators is that the real world changes much faster than laws and tax rules do. The latest sign of that cropped up last week, as the IRS announced it was sending 10,000 “educational...
Related topics: Taxes

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Federal Judge Rules Irs Donor Guidance Is Unlawful

A federal judge in Montana ruled on Tuesday that IRS guidance reducing donor disclosure requirements for certain nonprofits is unlawful and will be set aside.The ruling is a win for two states with Democratic governors that challenged the guidance...

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Moonday Mornings: The Us Is Suing A Cryptocurrency Exchange Owner To The Tune Of $100m

Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters...
Related topics: Blockchain

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The Irs Is Cracking Down On People Who Didn’t Pay Taxes On Bitcoin Earnings

If you've been trading Bitcoin and haven't been reporting your earnings to the IRS, you might be getting a surprise in your mailbox. By the end of next month, around 10,000 people are expected to get letters from the IRS.
Related topics: Taxes, Bitcoin

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Irs Sends 1000s Of "fishing" Letters To Crypto Users

Authored by Marie Huillet via CoinTelegraph.com, The United States Internal Revenue Service (IRS) is sending letters to crypto investors to apparently scare them into accurately reporting their crypto-related income.   “Taxpayers should...

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Blue States Sue Treasury, Irs Over Rules Blocking Trump Tax Law Workarounds

New York, New Jersey and Connecticut on Wednesday announced a lawsuit challenging IRS and Treasury Department regulations that block workarounds to a controversial provision in President Trump's 2017 tax law.The lawsuit, filed in federal court...
Related topics: Taxes, Lawsuits

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New Jersey, New York Sue To Challenge Irs’ Salt Workaround Rule

New Jersey and New York, along with Connecticut, sued the Trump administration on Wednesday, challenging Internal Revenue Service rules that outlaw certain workarounds to the cap on state and local tax deductions.The 2017 federal tax law imposed a...
Related topics: Taxes

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White Security Guard Pulls Gun On Black On-duty Sheriff’s Deputy Because He Was Armed

WTVG reported that a white security officer at the IRS building in Toledo, Ohio, is facing a charge for aggravated menacing after he pulled his gun on Alan Gaston, a black San Lucas County sheriff’s deputy. The reason? Gaston was armed. He was...
Related topics: Sheriffs

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Irs Announces Contractor Reviewing 'free File' Program

The IRS announced on Friday that it has entered into a contract with a third party that will review the agency's "Free File" partnership with tax-preparation companies."The IRS has contracted with the Mitre Corporation to conduct an independent...
Related topics: Taxes

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This Conservative Group Fought Irs For Years. Now A Court’s Given It A Victory.

Last month, Judge Reggie Walton ruled in favor of True the Vote, a conservative voting rights group that first sued the IRS in 2013. We spoke to Catherine Engelbrecht, the group’s founder, for our June 24 Daily Signal podcast. Below is a...
Related topics: Podcasts

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