With football season upon us, many of our readers' thoughts turn to punishing hits and concussion protocols. But let's face it: No one hits harder than the Internal Revenue Service. When the federal agency wants to punish someone, it has the power...

Read More

They might have called the wrong person when they dialed Michelle Singletary's number. The syndicated Washington Post columnist and author dispenses financial advice twice a week to the paper's readers. When she got a suspicious message from someone...

Read More

It is a fond dream cherished by many: Elimination of the Internal Revenue Service. With a wave of their hands, legislators could make the federal government’s tax-collecting agency disappear. The dream took a step closer to reality when the...

Read More

There’s no getting around it. April 15th shows up every year and with it, the Internal Revenue Service. And every year, the IRS rolls out its “Dirty Dozen” list of tax scams of which taxpayers should be aware. This year’s list is topped by identity...

Read More

Here in Ohio, we have had more than our share of eccentric politicians who have on occasion run into legal troubles. The list is fairly extensive, with three state representatives being convicted on various charges last year and another pair...

Read More

In our previous post, we looked at a pair of impending seasons: tax season and audit season. Because the first season leads to the second, Accounting Today recently ran an article to help accountants prepare to help their clients with Internal...

Read More

The opening bell for the 2016 tax-filing season will be rung in less than a week, on Tuesday, January 19th. That's when people can begin filing their tax returns with the Internal Revenue Service, and it's also the unofficial beginning of IRS audit...

Read More

In the days before the members of the Ohio congressional delegation went on their annual holiday break (along with all other members of Congress), the House and Senate passed a bipartisan omnibus bill. The package that funds the federal government...

Read More

The Internal Revenue Service recently issued its annual report on its criminal investigations. The agency notes that it launched 3,853 criminal investigations in fiscal year 2015 and recommends prosecution in 3,289 cases. The IRS says it obtained...

Read More

One of the potential danger zones for business owners can be found in the collection and payment of payroll taxes. Far too often, owners of small businesses find that they fall behind on their bills and are tempted to use employment taxes to...

Read More

Subscribe to Email Updates

Posts by Topic

see all