IRS has a $1 100 gift for some O.C. taxpayers estimate 17 percent of taxes owed went unpaid 5 Tax Planning Tips Small Business Owners Man Calling on Capitol Hill To Collect Italian Cruise Ship Settlements Study Says Percent Taxes Went Unpaid Solutions Network Offering Services those owing under $10 000.00 to the Sneaky Phone Marketers Outfox 'Caller ID' Good and Better News For Abuse Victims Budget Cuts Hamper I.R.S. From Performing Its Duties Report Mitt Romney's Entitlement Problem Gingrich Used Payroll Ploy Often Attacked By Casey Anthony's Lawyer Quits Renews Disclosure Program Offshore Assets Why is investment income taxed less than wages Romney releases tax records Homeowners must sell by December avoid short sales

IRS Audit Red Flags: The Dirty Dozen Although there's no sure way to avoid being audited, your chances increase depending upon various factors. IRS Should End Commodity Mutual-Fund Runaround, Levin Says U.S. tax authorities should stop a private rulemaking process that has encouraged speculation in oil and agricultural markets by letting mutual funds exceed limits on commodity investments, Senator Carl Levin said. Good and Better IRS News For Abuse Victims It is a real tragedy that??someone can escape an abusive marriage, only to find themselves being pursued by the IRS for the abuser?s tax debts.?? How does it happen ? Filing a joint return will usually result in a married couple having a lower federal tax than the total of two??married filing separate returns (The ... IRS Wins $62M GE Tax Shelter Case You would expect a tax shelter designed to save $62 million in taxes to be complicated.?? You would be right. The Second Circuit upheld a ruling against General Electric?s financing arm that charged the conglomerate with understating its income. See??TIFD III-E Inc. v. United States. The court said the IRS was right and IRS penalties ... The Case For Investing in the IRS Most American taxpayers would not consider the IRS to be underfunded, let alone the IRS's need for more resources to be the most serious problem they face. Given the growing "tax gap" (i.e., the amount of all unpaid tax liabilities), however, a persuasive case can be made that the government should invest more in the ... IRS To Collect on Italian Cruise Ship Settlements One night during dinner, your cruise ship crashes into a reef. Amid the pandemonium you must climb into a lifeboat leaving all your possessions, passport, money?even your high-heeled shoes. Then the cruise line offers you $14,000 to settle. If you take it, is it taxable? IRS Free File available now IRS Free File, which has been making taxes a little less taxing for a decade is available now. More than 33 million returns have been filed through Free File since its debut. IRS Offering Free Tax Preparation The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax help generally to people who earn $50,000 and less. Taxing Times: Watchdog chides IRS on offshore amnesty program The IRS announced a new version of its offshore-account disclosure program this week, but the watchdog agency that monitors the IRS isn't happy about the agency's tactics. Still, that's not the biggest problem facing the IRS right now. Read that story, plus get 12 tax tips for January, in this week's Taxing Times. How to Avoid an IRS Audit Tax season is upon us, with most Americans putting together the materials they need to file their returns, gathering receipts, and searching for other tax deductions to maximize the amount they get back ...
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References:
http://economy.ocregister.com/2011/11/30/irs-has-a-1100-gift-for-some-o-c-taxpayers/100074/
http://www.startribune.com/business/136830373.html
http://www.foxnews.com/politics/2012/01/06/irs-study-17-percent-taxes-went-unpaid/
http://www.emailwire.com/release/80591-Tax-Solutions-Network-Offering-Services-for-those-owing-under-1000000-to-the-IRS.html
http://justjared.buzznet.com/2012/01/12/casey-anthonys-lawyer-quits/
http://www.nytimes.com/2012/01/10/business/irs-renews-disclosure-program-for-offshore-assets.html
http://pixelhat.net/