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Remote Work Might Earn You a Surprise Tax Bill

As far as employment goes, last year brought more than its fair share of challenges for workers. It didn’t matter the industry or the stage of the career, the Covid pandemic shook the work landscape...

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StopIRSDebt.com
Outrageous Tax Write Offs That Worked
Every tax season we try to think of the past year’s expenses that can help lower our tax bill. A tax court may approve some business-related expenses, but others that walk the fine line between business and pleasure are likely to get rejected. But ...
StopIRSDebt.com
IRS Warns of Taxpayer Scams
Every tax season sees financial predators baiting countless Americans using promises of large refunds to scam honest taxpayers out of millions of dollars. Taxpayer scams are sadly too common. Don’t Take the Bait! To arm the public to recognize and ...
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MC Hammer Too Legit for Taxes
While he may be Too Legit to Quit, famed 90s rapper MC Hammer has come into the crosshairs of the IRS for owing back taxes. Hammer, real name Stanley Burrell, won fame and fortune after his 90s mega hit “U Can’t Touch This” became a hip hop ant...
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Lindsay Lohan owes $233,000 to IRS!
Lindsay Lohan may have performed a few hours of community service at the Coroner’s office for breaking the law, but it looks like the law’s not done with her. IRS Targeting Lindsay Lohan for Back Taxes The actress who recently bore all for Playbo...
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Rich Californians Flee Golden State Tax Regs
They call California the Golden State, but some of the richest Californians are heading for a place less golden. Well, assuming they can get away from tax regs. Rich Californians Fleeing Tax Regs State officials released a new report on taxpayers in ...
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Tax Relief Review: Ibrahim A. from Texas
Ibrahim A. had several bank accounts overseas, and needed representation badly in order to avoid any criminal proceedings against him. Although the client came in too late for the 2008 Offshore Disclosure Program (OVDI), StopIRSDebt.com was able to q...
StopIRSDebt.com
Facebook IPO Will Be a Tax Boon
With 800 million users across the world, Facebook is perhaps one of the most successful websites the Internet has ever seen. And when the Menlo Park-based company goes public, the site borne in a dorm room is set to have major tax implications after ...
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Rafael Nadal Caught in Tax Volley
Everyone hates paying taxes, and even the world’s No. 2 tennis player is no exception. Rafael Nadal, the 25-year old Spanish tennis sensation, offered a mea culpa after a Spanish website reported that the Australian Open finalist had set up several...
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Determining Whether Your Canceled Debt is Taxable
Sometimes we get lucky and that big balance we owe is written off by a forgiving creditor. Or, possibly, waived through a sophisticated legal process with the help of a tax attorney. Now you have canceled debt. Canceled Debt: Is It Taxable? But when ...
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Federal Workers Owe IRS Billions
Did you enjoy paying your income taxes last year? Looks like thousands of federal employees decided that last year’s April 15 wasn’t for them. A recent IRS report announced that 279,000 federal workers and retirees owe Uncle Sam more than $3.4 bi...
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