News about irs
News
IRS offers advice to those who missed tax deadline
The IRS has some advice for taxpayers who missed the tax filing deadline this week.
Beware Longer IRS Statute Of Limitations On Foreign Accounts
If you thought the huge flap over the 6 year IRS statute was over when the Supreme Court decided Home Concrete, think again. See HUGE Taxpayer Win: Supreme Court Tells IRS 3 Years To Audit Is PLENTY! First, remember that omissions of 25% or more of your gross income still trigger the 6 years statute. Also, recall that the statute in criminal tax cases is generally 6 years. And the civil statute ...
Sen. Grassley To IRS: Whistleblower Office Is A Disgrace
You've probably read about IRS whistleblowers cashing in for reporting suspected tax fraud. It may seem to be a new development, but IRS whistleblowing incentives started in 1867! Still, big changes in 2006 raised the stakes materially, adding new Section 7623(b). Under it, awards to whistleblowers are no longer discretionary. Now, the whistleblower "shall" receive ...
Start Over With The IRS
If youre struggling to pay back taxes, try a fresh start with the IRS. They really can help.
IRS on Time's Breastfeeding Issue?
Time magazineâs breastfeeding issue has polarized more than a few people between the twin breasts of natural nurturing and enough's enough. Itâs âare you mother enough?â was nicely timed for Motherâs Day, and prompted some Tiger Mom debates.  While it will be off the coffee table soon, it pumped up many women and some men to talk about fundamentals.