IRS

The Internal Revenue Service doesn't care who you use as a nanny or babysitter for your kids, but it does take more than a passing interest in what you're paying them.As in how much. As noted in a recent Accounting Today article, revenue agents don't do much more than...

At one time, of course, same-sex partners were not legally defined as married couples in any state of the country. Given that, many people found questions relating to same-sex couples and linked issues surrounding federal taxation to be both incomprehensible and...

If bells and buzzers started clanging seconds after you just pulled the lever on a slot machine, you're likely a bit jazzed about reality at the momentAlthough giddiness is understandable, so too is the need to take a breath, gather yourself and make sure that you...

With this being an active campaigning year the subject of disclosure of tax returns has surfaced. The top runners for each party have sparred over transparency and the release to the public of their own tax returns.Currently Hillary Clinton has agreed to provide her...

Maybe you advertise online and periodically use your truck as a moving van for residents in your locale who are relocating.Perhaps you live in a city replete with sports teams and use the Internet to help you snag renters during tournaments and other high-profile...

In short yes. In January 2016 a new law was enacted that allows the Internal Revenue Service (IRS) to rescind your passport if you owe more than $50,000 in taxes.This number may seem like a lot of money until you take into account penalties and interest. This IRS tax...

Although a commentator in a recent media article on IRS whistleblowing calls a United States Tax Court ruling "good news," that sentiment is certainly not universally shared.And it's especially not endorsed if you're an individual or business enterprise that suddenly...

It is certainly no secret that the Internal Revenue Service has had a sharp and unwavering spotlight on American taxpayers with foreign assets and accounts over the past few years.Media stories have been replete with tales featuring the acronyms FBAR and FATCA, and...

Acronyms authored by or otherwise linked with the U.S. Internal Revenue Service tend to immediately strike a good many Americans with fear. Take OVDP, for instance. Are there some potentially frightening or outright scary implications hidden in those letters? For some...

"A deterrent effect" and a signal "that fraud will not be tolerated."Such are the words employed by the Internal Revenue Service on an agency website page chronicling the objectives of the department's Criminal Investigation Division (most often delineated by the...