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3Vote!

IRS Schedules Hearing On Changes For Authorizing Church Tax Examinations

The Internal Revenue Service announced this week ( Federal Register ) that it is scheduling a public hearing for Jan. 10, 2010 on proposed amendments to clarify clarify which high level Treasury official has authority to authorize commencement of a church tax inquiry. (See prior related posting .) Those who have previously submitted written comments who wish to also make an oral presentation at the...

3Vote!

Obama, the Nobel Prize And The IRS

The president's expected donation of his prize could cause him tax headaches. Internal Revenue Service - People - Business - Tax - Accounting

3Vote!

IRS has more than $45,000 waiting for 41 V.I. taxpayers --

The Internal Revenue Service wants to find 41 Virgin Islands taxpayers and give them what they deserve - a check.

+Vote!

Does the IRS owe you money? Find out with our database

SEARCH IRS looks for people owed refund checks The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million in the form of 107,831 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors. Search our database to see if the IRS owes you money and learn how to get your check.

+Vote!

IRS extends period for loss carryback

A lot more businesses may use losses incurred during the fiscal crisis to reduce taxes from previous profitable years, as explained in a revenue procedure issued by the Internal Revenue Service Friday.

3Vote!

Karina Smirnoff Weighs In On Aaron Carter’s IRS Trouble

Aaron Carter’s Dancing With The Stars partner is reassuring the world that he is just fine after being billed with over a million dollars in back taxes. On Wednesday, Karina Smirnoff spoke with Usmagazine.com about the bad news while hanging out at the Launch of the Behold III by Samsung event. Karina insisted that Aaron is [...] Related posts: Dancing With The Stars: Karina Smirnoff And Aaron...

+Vote!

Criminalizing Health Care Freedom

The "reformers" in the White House and the House of Representatives have made all too plain their vision of the federal government's power to coerce individual Americans to make the "right" health-care choices. The highly partisan bill the House just passed includes severe penalties for individuals who do not purchase insurance approved by the federal government. By neatly tucking...

3Vote!

Blount Owes Back Taxes of $631,000

Federal attorneys want a judge to declare that Steelers Hall of Famer Mel Blount owes more than $631,000 in back taxes, interest and penalties. The Internal Revenue Service filed a complaint in U.S. District Court in Pittsburgh in September giving Blount 60 days to respond. Blount hasn’t filed a response to the lawsuit, and the U.S. [...]

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Deduct Full Purchase Price for Staffing Software Through 2009

Only Two Months left to take advantage of the 179 Deduction! How can Section 179 apply to your staffing business? President Obama extended the 179 Deduction through 2009 via the American Recovery and Reinvestment Act (ARRA). There is no guarantee it will be renewed in 2010 or beyond, so if you are considering purchasing staffing software for your business, this would be the time! According to http://www.section179.org/...

3Vote!

SOI Tax Stats – Foreign Recipients of U.S. Income Statistics

SOI Tax Stats – Foreign Recipients of U.S. Income Statistics Source: Internal Revenue Service Nonresident aliens and other foreign persons who earn U.S.-source income are required to report this income on Form 1042-S, Foreign Persons’ U.S.-Source Income Subject to Withholding. This income is subject to a flat, statutory tax rate of 30 percent. However, this rate [...]

3Vote!

Former Owners of Pennsylvania Business Indicted In $136 Million DBE Fraud Said to be One of the Largest in USDOT History

PHILADELPHIA, Nov. 19 /PRNewswire-USNewswire/ -- Dennis C. Pfannenschmidt, United States Attorney for the Middle District of Pennsylvania; Janice K. Fedaryck, Special Agent in Charge of the Philadelphia Division of the FBI; Ned Schwartz, Regional Special Agent in Charge, U.S. Department of Transportation, Office of Inspector General; John Spratley, Special Agent in Charge, U.S. Department of Labor,...

3Vote!

Maybe We Need More Tax Cheats in High Places

Americans for Limited Government wants the Senate Finance Committee to block the appointment of Lael Brainard as undersecretary of the treasury for international affairs because of her imperfect compliance with the tax laws. The Associated Press reports : [Brainard] was late in paying real estate taxes in 2005, 2006 and 2007. The report by the Senate Finance Committee staff also challenges the accuracy...

3Vote!

Evidence points to funneling of Hindu temple funds

With his Hindu temple teetering on the verge of foreclosure, the Internal Revenue Service investigating potential tax evasion and his U.S.

3Vote!

Regifting: Obama, The Nobel Prize And The IRS

If you want to donate a prize to charity, be sure to plan ahead.

3Vote!

Why Businessmen Believe in Limited Government

I have often been asked why it is that so many businessmen who run small and medium size companies are skeptical about the growth of government's role in our society. I think that the question is a pretty easy one; the answer breaks down into two parts: Firstly, business people at this level actually deal with government regulators on a regular basis. Do you? Most people that I speak to, and this...

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22Vote!

Kent Police Authority - "Red Self Storage"- LOCKDOWN - MI5 Security Services Gerald Carroll Trust Interests

Kent Police Authority -  Red Self Storage - LOCKDOWN - MI5 Security Services Gerald Carroll Trust Interests - carrolltrust

FBI "live feeds" Washington DC field office Gerald Carroll Trust named International Offshore Crime Syndicate Goodman Derrick LLP Ian Montrose trust partner resident London UK Haslers Accountants Loughton Essex UK Jon O'Shea tax partner resident Essex UK M J Chappell resident Safron Walden Essex UK Nassau Bahamas A R Clark resident Gibraltar Spain Richard Bray & Co. resident London UK Wendy Luscombe

3Vote!

1031 Exchange

Section 1031 in the Internal Revenue Service is a boon for a prospective investor, selling an investment property and wanting to make a profit by reinvesting in a similar property elsewhere in the country. This wonderful concept works on the principle of gain rolling from the old to the new. There is widespread ignorance on the modalities about this exchange; as a result, 30-40 percent of property...