Criminal Investigations seized “four former barber shops and a barber college.” Typically, claimed assets of this type are auctioned off, with the profits reinvested into the IRS and other law enforcement
The IRS said Thursday that its plan to crack down on wealthy tax cheats is paying off, with the agency collecting more than $1 billion since targeting high-income earners who owe the government money. The jointannouncementwith the U.S. Treasury Department is meant to highlight that the IRS'...
The 2025 Tax Tips offer ways to file your annual return, along with post-filing advice, important tax news and, of course, ways to cut your current tax year bill. You'll find the monthly assemblages on their own respective pages:January,February,March,April,May,June,July,August,September,...
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IRS Rules Firms Can Spin Off Land To Cut Their Taxes.Reports on the ruling by the United States Internal Revenue Service that companies can spin off real-estate assets tax free in the form of real-estate investment trusts.StarkmanDean
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"The resources of the IRS have been cut to the point where they've largely cut back on the complicated audits, the ones that are harder, of high income taxpayers," Yellen told the committee. "The fact that such a large share goes to audit the EITC is very unfair....
Short and sweet, someone asked on RETALK Social-Media about hearing some in GOP majority in USHouse now may propose new Tax scheme…. My response, cut/paste from there…. in two words:TAX SHIFT(the “theory” anyway) The theory being even drug dealers (and others in the underground/dark...
The Paycheck Protection Program allows loans of up to $10 million at 1% interest to employers with fewer than 500 workers to cover two months of payroll and overhead. If you keep your workers and do not cut their wages, the government will forgive most or all of the loan and even repay...
because it will deny them the chance to be deceived and ripped off with #TurboTax:https://<span class="ellipsis"&g rameshgupta