IRS

Tipping is one of those interesting cultural things that can be hard to understand. Someone who has never worked as a wait person may be at a loss to appreciate what a hot button issue it can be. They may be equally at a loss to understand why a new rule by the Internal Revenue […]

You probably are among the vast majority of people who have never used it. But perhaps you have heard about it. And you can be sure that you will be hearing more about it going forward. We’re talking about a Bitcoin. And the reason it’s sure to be garnering a lot more public attention is […]

First it was taken to task for apparently targeting conservative nonprofits for undue scrutiny of their tax-free applications. Now, lawmakers on Capitol Hill are wondering if the Internal Revenue Service isn’t being somewhat heavy handed in going after some small businesses. The source of the concern stems from a letter that was sent out to […]

The extent to which federal agencies cooperate with each other to advance their particular agendas is getting a bit more media attention this week. The Internal Revenue Service is smack in the middle of it again. The information being revealed is raising more than a few eyebrows inside and outside of Washington, D.C. According to […]

One of the largest initiatives by the Internal Revenue Service and U.S. Justice Department to enforce tax laws may be about to get a boost. According to recent reports, there are a number of large Swiss banks lining up to cooperate with U.S. efforts in identifying Americans who may hold funds in non-compliant foreign bank […]

In January of 2012, the IRS began another Offshore Voluntary Disclosure Program (OVDP) designed to collect taxes on unreported foreign assets. The OVDP was similar to those that the agency had announced in 2009 and 2011. The program offers individuals a chance to self-report income, which minimizes the potential criminal or civil penalties that they […]

The government recently announced the clampdown on three tax preparers in Prince George’s County, Maryland. By virtue of orders issued by two separate federal judges, a father, a son and the father’s ex-wife have been permanently scrubbed from the roles of individuals who can file tax returns with the Internal Revenue Service on behalf of […]

A federal judge in Washington, D.C., is pondering suggestions from the prosecution and the defense regarding sentencing in the cases of former Rep. Jesse Jackson Jr. and his wife, Sandra Jackson. Jackson, who is the son of the elder civil rights activist and politician of the same name, had served as a Democratic congressman from […]

It’s hard to remember when the Internal Revenue Service has been so much in the spotlight of public scrutiny. And it appears that the likelihood is that it is only going to get more intense in the weeks and months ahead. The federal court in Washington, D.C., is beginning to see lawsuits coming through the […]

We who live in the Washington, D.C., area know it is a cosmopolitan place. There are many people who live throughout the District and suburban Maryland and Virginia who are new immigrants or first-generation citizens. Any who work and make a living here have the obligation of filing their yearly income tax returns. But there […]