IRS

Tax

Crime Watch: June 21, 2013

A Washington man who advised and assisted others in a common tax fraud scheme, was sentenced June 14 in US District Court in Tacoma to ninety-seven months in prison and three years of supervised release.
Tax

New Legislation Would Make Enrolled Agents Easier to Find

Ohio Senator Rob Portman and Louisiana Congressman Charles Boustany Jr. introduced legislation on June 11 that would allow enrolled agents to be able to identify themselves with their Treasury Department-granted credential in any state in the country.
Tax

IRS Provides Few Answers to NSA on the Retirement of Two e-Services

The National Society of Accountants met recently with IRS officials to discuss why the agency is retiring the Disclosure Authorization and Electronic Account Resolution e-services products on August 11 and options to allow these services to be continued.
Tax

Crime Watch: June 13, 2013

Melvin Mooring, a Gainesville, Virginia, accountant, was sentenced to six years in federal prison for stealing $3.3 million from the company where he served as the chief financial officer. He had pleaded guilty to wire fraud and tax evasion charges in March.
Tax

Is e-mail a 'Smoking Gun' in IRS Scandal?

Who knew what about the "Tea Party scandal" and when? Congress continued to dig deeper into the matter last week as it interviewed staffers from the Cincinnati office of the IRS where "rogue" agents allegedly initiated the actions.
Tax

IRS Confirms Plans to Retire Two e-Services Products in August

The IRS announced it will retire the Disclosure Authorization and Electronic Account Resolution e-services products August 11. The IRS stated it increased the number of employees and improved its internal processes in response to this change.
Tax

Crime Watch: June 7, 2013

An Alabama woman was sentenced to ten years in prison and ordered to pay $1,198,063 in restitution. Rhashema Deramus and those working for her stole people’s identities and used them to file fraudulent tax returns and obtain tax refunds that were not owed to them.
Tax

IRS Suspends Two Officials for Taking Conference Perks

Following a new report from the Treasury Inspector General for Tax Administration turning the spotlight on a 2010 conference in California, the IRS announced it has placed two of its employees on administrative leave for "inappropriate behavior."
Tax

Tea Party Groups Say IRS Trampled on Rights

According to the testimony of members of six targeted groups given to the House Ways and Means Committee on June 4, the IRS held up applications for tax-exempt status, illegally released donor lists, and generally harassed organization officials.
Tax

Crime Watch: June 3, 2013

Thomas Nelson, formerly the CEO of York County Community Action Corporation (YCCAC), was sentenced May 21 in US District Court by Judge Nancy Torresen to thirty months in prison and thirty-six months of supervised release for conspiracy, embezzlement from a federally funded program, tax evasion, and signing false tax returns.
Tax

IRS Comes Under Fire for Conference Spending

The IRS is expected to face even more heat this week when the TIGTA releases a new report claiming that the nation's tax collection agency spent about $50 million in holding at least 220 conferences for IRS staffers between 2010 and 2012.
Tax

Poor Reviews for IRS Line Dance Video

Once again, the IRS is being forced to do some fancy footwork, now that a video of staffers performing a line dance has raised the ire of Congress. The video, which lasts less than three minutes, depicts IRS workers line dancing to music sounding like "Cupid Shuffle."
Watchdog

Tea Party Groups Target IRS in Lawsuit

The IRS scandal involving applications for tax-exempt status by Tea Party groups refuses to go away. Now the ACLJ has filed a lawsuit on behalf of twenty-five Tea Party and other conservative organizations against the IRS and several of its top officials.
Tax

IRS Fine-Tunes e-File System to Prevent Processing Delays

After performance issues to its electronic filing system caused delays in processing tax returns during the 2012 filing season, the IRS has made several enhancements to the system over the past year that are expected to improve the tax-filing process.
Tax

IRS Offers Four Steps for Hurricane Protection

Now that hurricane season is arriving, the IRS is encouraging both individuals and businesses to take the appropriate steps to safeguard themselves against a potential catastrophe.
Tax

Mary J. Blige Is Singing the Taxman Blues

She's a nine-time Grammy winner and a phenomenally successful R&B singer. But for reasons that aren't apparent, Mary J. Blige and her husband, Martin Isaacs, are buried in tax and financial troubles.
Tax

Sergio Garcia and Retief Goosen Tax Cases: Double Bogey for IRS

Athletic stars with big personalities and untarnished images can make far more by lending those images to major companies than they can by performing well at their chosen sports. But how is endorsement income taxed?
Tax

Lois Lerner, EO Director, Takes the Fall in IRS Scandal

The "Tea Party scandal" at the IRS has claimed another victim: Lois Lerner, director of the IRS Exempt Organizations (EO) division, has been placed on administrative leave after refusing to resign. Ken Corbin was promptly named the EO acting director.
Tax

Controversy Swirls Around Hearings on IRS Scandal

After the initial round of hearings held by three congressional committees this week, at least we know the IRS wrongfully targeted conservative "tea party" groups applying for tax-exempt status. But precious little else has been revealed.
Tax

IRS Official Lois Lerner Pleads the Fifth before House Oversight Committee

Lois Lerner, director of the IRS Exempt Organizations division, chose to invoke her Fifth Amendment right against self-incrimination before the House Oversight and Government Reform Committee on May 22.

Pages