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Parents: Bellaire Baseball Pressures For Money (Houston Chronicle)
One father is accusing veteran coach Rocky Manuel of pressuring parents to donate money, while another is criticizing HISD's limited oversight of booster clubs — which raise hundreds of thousands of dollars a year for high school athletics in the district.
Taxpayer Advocate Criticizes IRS Over Tax Collection Methods (Bradenton Herald)
WASHINGTON, D.C.- After a key House committee voted to repeal the Internal Revenue Service's authority to hire private firms to collect tax debts, the agency's own national taxpayer advocate has once again sharply criticized the agency's plans and called for an end to them.
IRS Very Focused On Businesses, Especially Sole Proprietorships (BizJournals)
As a business owner and as an individual, there are various types of IRS audits that you might face. While an audit notice from the IRS is often intimidating, it is important for you to understand what triggers audits, the types of audits and your rights in addressing an audit.
United States: Nonprofit Hospital News Bulletin: IRS Interim Report On Tax-Exempt Hospitals (Mondaq)
On July 19th, shortly after the Minority Staff of the Senate Finance Committee released its discussion paper on its concerns with nonprofit hospitals, the IRS quickly released its scheduled Interim Report on tax-exempt hospitals and community benefit.
Huckabee Talks Terrorism, Taxes (The Fort Dodge Messenger)
Americans can expect an unrelenting attack on terrorism and a new levy to replace the income tax if he wins the White House, Republican Mike Huckabee declared Saturday in Fort Dodge.
Easements Ainât Easy (Vail Trail)
Consider it a commandment: “Thou shalt not claim a tax-deductible conservation easement for thy backyard.” While the other Ten Commandments come from God, that one comes from the folks at the IRS, who are much less forgiving.
House Tax Writers Vote To Repeal Private Tax Debt Collection, (Tax-News.com)
The US House Ways and Means Committee has voted to approve new legislation repealing the use of private debt collection companies to collect federal income taxes.
New Hampshire Couple In Showdown Over Taxes (NPR)
Morning Edition , July 17, 2007 · New Hampshire couple Ed and Elaine Brown has since April holed up in their hilltop home in defiance of a federal court that sentenced them to a five-year prison term for income tax evasion.
United States: D.C. Circuit Reverses Course And Finds Emotional Distress Damages Are Income Subject To Tax (Mondaq)
Reversing its August 22, 2006 opinion, the D.C. Circuit Court held in Murphy v. Internal Revenue Service , 2007 U.S. App. LEXIS 15816 (July 3, 2007), that emotional distress damages are taxable income under Internal Revenue Code (IRC) section 61. The court backed away from its earlier ruling holding IRC section 104(a)(2) 1 unconstitutional on the ground that emotional distress damages were not ...
IRS Aims To Improve Taxpayer Services (SmartPros Accounting)
July 23, 2007 (SmartPros) The Internal Revenue Service's Office of the Taxpayer Advocate will focus on improving taxpayer services in the coming fiscal year, according to National Taxpayer Advocate Nina Olson.
Outsourcing Of Tax Collection May End (Rochester Democrat And Chronicle)
A House committee voted this week to end an IRS debt collection program that employs about 35 western New York debt collectors.
Taxpayer Advocate: End Private Debt Collection (CNN Money)
In her midyear annual report to Congress, National Taxpayer Advocate Nina Olson this week again called for the repeal of the IRS private debt collection program, which she characterizes as costly and inefficient.
IT Dept On Track For Rs 2,67,000 Crore Target: Mathoda (Deepika)
Nagpur, July 24 (UNI) The Income Tax (IT) Department is on track to achieve its target of Rs 2,67,000 crore in collection during the current fiscal, R S Mathoda, Member (Audit and Judicial) of Central Board of Direct Taxes (CBDT) said here today.
Private Tax-Collection Ban Advances (WallStreet Journal Via Yahoo! Finance)
A House committee renewed efforts to kill an IRS program that uses private collection agencies to pursue tax debts.
Westfieldâs Missing $75,000 Not Really Missing After All (Medina-Gazette)
WESTFIELD TWP. — The good news is no money is missing. The bad news is … well, there isn't any bad news that hasn't already been reported — such as IRS penalties.
Taxpayer Advocate: IRS May Shortcut Taxpayer Rights To Reduce Tax Gap (FCW.com)
Congress should go beyond urging the IRS to collect more revenue and require that IRS adopt a long-term plan to close the tax gap that includes approaches to change taxpayer behavior to pay what they owe, the National Taxpayer Advocate said. Although reducing the tax gap is very critical, Nina Olson, the National Taxpayer Advocate, is concerned that the IRS may ramp up enforcement excessively ...


Articles

  • How Likely Are You To Be Audited?
    Statistics for IndividualsUnfortunately, the IRS increased its rate of auditing individuals in 2003 when compared to 2002. The increase was approximately 14%, but still constituted only 6.5 audits for...
  • 10 Thoughts on Tax Offer in Compromise
    Beware of advertisements that claim to settle tax debts for"pennies on the dollar". Check the Offer In Compromiserequirements to see if it is right for you.1. If you are unable to pay a tax debt in full,...
  • How To Contact The IRS Without Breaking Into A Sweat
    We all love to criticize the IRS, dont we? Its easy to ridicule a huge organization of government bureaucrats who often seem to be Public Enemy #1.Our negative attitude toward the IRS can lead to a strong...
  • Im being audited by the IRS-Now what?
    How does the IRS decide who gets audited? The IRS uses a recently updated formula and scoring system to evaluate tax returns. If something seems out of whack- -like low income accompanied by extremely...
  • IRS Audit - A True Story
    Who does not fear an IRS audit? We all do. We all fear the face to face, exhausting, unpredictable and time consuming interaction with the Internal Revenue Services agent.
    We all have that scary feeling...
  • Tax Season - Time for Scams
    As tax season draws irresistibly closer, the scam artists are polishing their latest techniques. This article should help you keep an eye out for these nasty individuals.Tax Season - Time for ScamsIn a...
  • The Legalities And Issues With An IRS Levy
    An IRS levy is an order from the Internal Revenue Security directing TVA to withhold a specified amount of an employees pay to satisfy a tax debt. If the IRS determines that we owe back tax then it may...
  • IRS Enforced Collection
    IRS Enforced Collection- now there is a term that will get your attention. I get certified mail from IRS every day on behalf of clients. Even though I have no tax problems myself, every day I catch myself...
  • Know A Tax Cheat? Get Paid To Tell The IRS
    According to the IRS, taxpayers underpay their taxes by some $300 billion. If you know someone that is contributing to that deficit, the IRS may be willing to pay you up to $10 million for the information...
  • Collecting The Levy
    The Financial Management Service (FMS) is a bureau of the Department of the Treasury, to provide a centralized debt collection service to most federal agencies. The FMS has begun utilizing two Congressionally...
  • What To Do If You're Being Audited
    Audits are regularly issued by the Internal Revenue Service (IRS). There are two main reasons why an individual or business may be audited by the Internal Revenue Service (IRS). Random audits are not as...
  • Correspondence From The IRS - Yikes!
    Its a moment every person dreads. You pick up the mail and there is an envelope from the IRS. Its not a refund check. What do you do?Dont PanicEach year, the IRS sends out millions of "correspondence...
  • Do Income Taxes Threaten Your Well Being?
    Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent...
  • IRS Lock-In Letters - Whats An Employer To Do?
    Employers often ask employees to designate the amount of tax withholdings for paychecks. Occasionally, employees will fail to withhold a sufficient amount in the eyes of the IRS. The IRS will then send...
  • Compromising With The IRS
    Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent...
  • Dealing with the IRS
    Its funny how three simple letters can create such fear and loathing in your average citizen. But the IRS are people too. Keep this in mind and youll find that dealing with the IRS will be easy and stress...
  • Alternative Minimum Tax - Online Tool
    Hell hath no fury like a person who just found out the alternative minimum tax applies to them. The IRS has set up an online tool to figure out if you do. Alternative Minimum TaxThe alternative minimum...
  • 7 Steps to Successful Telecom Audit Preparation
    Your telecom audit will be much easier to understand (and complete!) when information is organized. By organizing information properly, you will define and focus your audit so the task seems much less...
  • Your IRS Tax Appeal Rights
    Are you in the middle of a disagreement with the IRS? One of the guaranteed rights for all taxpayers is the right to appeal. If you disagree with the IRS about the amount of your tax liability or about...
  • Taxpayer Advocate - Customer Service at the IRS
    Every business has a department that deals with complaints from customers. At the IRS, this department is known as the taxpayer advocate office. Advocating for YouThe purpose of the taxpayer advocate office...

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