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Dec
27
Top 5 IRS updates coming in 2023
As we approach the end of a bumpy 2022, it’s important for taxpayers to stay informed about the latest updates from the Internal Revenue Service (IRS) and how they can help position themselves f...
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Sep
24
Poll: Increase Taxes on Wealthy
The tax rates paid by the country’s wealthiest earners are almost always the topic of political debate. But according to a new poll, a majority of Americans feel Uncle Sam should be taking a bit more. Most people want to increase the taxes on w...
Sep
18
Even the Beatles Fought the Taxman
The Beatles were one of the world’s most successful bands. That didn’t stop the “taxman” from getting his fair share from Paul, John, George and Ringo. One of the more socially and politically-poignant songs the group released...
Sep
14
Tax Relief Review: Ashraf I. from Texas
Tax Relief Review: He saved $444,845 after our audit representation! Sometimes, incredible tax relief reviews come from the unlikeliest of places. As we all know, good things happen to good people in bad situations. Like Ashraf I. He was diligently r...
Sep
11
Olympic Winnings Raided By IRS
The 2012 Olympics have just ended. But the tax bills for American athletes that brought a medal across the pond just got started. Winning Olympic gold, silver or bronze is no easy task. An enduring fete, the personal reward can last a lifetime. Along...
Sep
04
IRS Agents Using More Legal Summons
As the IRS intensifies its efforts to investigate more of the nation’s wealthy and businesses suspected of paying too little in taxes, its agents are now flexing their legal muscles earlier in the investigative process. They are turning to legal su...
Aug
28
Trillions Stashed Offshore by World’s Wealthy
Everyone wants to keep their money hidden from the taxman. But a recent study shows that the world’s wealthy are doing that pretty well. Offshore tax havens are claimed to be the home to as much as $32 trillion. That’s an astonishing amount of mo...
Aug
16
Rock Stars Who Owed Back Taxes
Ask any guy what his dream job is and rock star is sure to make the list. Life doesn’t get any better when you’re making big bucks playing music in front of thousands of people. But while being an entertainer can be fun, it’s still a job – wi...
Aug
11
IRS Goes After Unsellable Artwork for $40 Million
Next time you buy a piece of artwork, make sure it’s sellable. That’s the lesson two descendants of a New York art collector are learning after inheriting a masterpiece that’s pegged with a $40 million IRS tax bill. Back Taxes Take the Vision O...
Aug
07
Internet Taxes Coming to a Mouse Near You
As a struggling economy tightens state budgets across the country, more state capitols are taxing internet sales to lessen the pinch. But what counts as these internet taxes? More States Adopting Internet Taxes Online sales taxes are coming to more a...
Aug
02
Washington Argues Over Tax Hikes on Wealthy
Tax cuts are at the center of attention in Washington again as president Barack Obama and Democrats hope to raise income taxes on the wealthy. But the tax hikes are far from certain. D.C. Tax Warfare Heats Up as “Fiscal Cliff” Nears It’...
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