Analysis: How the IRS decides who to auditJUAN WILLIAMS
tax evasionaccording to the IRS“involves some affirmative act to evade or defeat a tax, or payment of tax.” Not knowing how to file a tax return, or even the necessity of filing a tax return in the first place, doesn’t sound like ...
When two people claim the same dependent on their taxes, it triggers an audit or investigation by the IRS, whereby both claimants must provide proof of their right to claim the dependent. The residency test states that the dependent must reside with the claimant for more than half the year,...
“Anyone still dumb enough to pay Jewish income taxes should examine the back of his canceled check to the IRS. It will say, ‘Pay to the order of the Federal Reserve Bank of New York.’ Why do you suppose it doesn’t designate the IRS or Treasury Department? Why does your tax money...
House Ways and Means Chair Richard Neale revealed that a whistle-blower had contacted the committee, alleging that there have been “inappropriate efforts to influence” the mandatory IRS audit of Trump’s and Vice President Mike Pence’s tax returns. That’s Treasury Secretary Steven Mnuchin in ...
With Donald Trump’s most recent FBI investigation drama that includes a set of allegations that, if true, should end his political career, it gets harder every day to muster a coherent defense of the man. But I don’t have to defend Trump to justify criticisms of his sharpest critics. ...
When I later confronted her about fiduciary responsibility and why she backed down, she said, “It was below my threshold of audit” and I entered it in my audit notes. And, she is a CPA? The IRS could have a field day here! I once anonymously leaked information to the press but ...
Many happy returns for woman who took on the IRS; Nurse challenged an audit that said she could not deduct the costs of an online master of business administration degreeErica Mitrano