The IRS files hundreds of thousands of tax liens every year.
Information on tax problems and tax debt help
30
Jul
In response to pressure from Congress to address the “tax gap,” $345 billion in 2001, the IRS is stepping up collections. Here is what the Treasury is proposing: Businesses will have to report their payments to other corporations to the IRS. Currently, a business that pays an individual $600 a year or more for services [...]
29
Jul
From the IRS: The Internal Revenue Service today announced a prosecution related to fraud involving the first-time homebuyer credit. A Jacksonville, FL,. tax preparer named James Otto Price III, pled guilty to falsely claiming the first-time homebuyer credit on a client’s federal tax return. Mr. Price faces the possibility of up to three years in [...]
28
Jul
A Brownfield, Texas, man recently found out how frivolous arguments work in court against the IRS. Don Agnew pleaded guilty to income tax evasion, apparently making more than $191,000 in 2006 but failing to file his taxes in time. Court records also say he claimed he was a foreign person and not subject to income [...]
27
Jul
The IRS has said that it may enact rules and laws to better ensure that all tax preparers are ethical, provide good service and are qualified. The IRS is currently looking at the issue, receiving input from a large and diverse constituent community that includes those that are licensed by state and federal authorities. This [...]
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