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IRS Headlines
What happens at the IRS affects all of us. To stay up-to-speed with the biggest news coming from the IRS, you’re in the right spot. In this section, you can expect to find major updates on IRS changes, new IRS policies, major IRS press releases, and more. We’ve collected it all in one place to make sure you never miss a beat. For other tax-specific questions, we’re always available—so get in touch with one of our tax specialists today through our free live chat, located to the bottom right of your screen – or by clicking here.
Category: IRS Headlines
Jan
09
States Change Tax Laws for 2012
It’s a new year, and that means new tax rates in various states. While they don’t have authority over the behemoth agency known as the IRS, state legislators are always sticking their hands in their state’s tax laws. As the states c...
Nov
02
IRS Hobby Guidelines Aim to Clear Confusion
They say that when you love your job, then it’s not really work. If you’re lucky to have your hobby as your job, then the rat race is something you can look forward to. Naturally, that means some hobby guidelines may kick in. When Pleasure Become...
Oct
25
Truly Terrifying IRS Horror Stories
If you’re looking for a scary story to tell over a fire this Halloween, look no further than the IRS. It’s time for some IRS horror stories. IRS Horror Stories The Internal Revenue Service is constantly vilified by politicians for its unforgi...
Sep
06
Warren Buffet Urges Higher Taxes on Super-rich
In a highly publicized column in mid-August, billionaire investor Warren Buffet urged Washington politicians to stop coddling America’s wealthiest and to increase taxes on the super-rich like himself. Warren Buffet Criticizes Washington for Coddlin...
Aug
31
Federal Tax Breaks Aid Healthy Vending
With childhood obesity in the U.S. more than tripling over the past 30 years, President Barack Obama signed the Healthy Hunger-Free Kids Act of 2010 to reverse the trend. The law aims to make the food sold in schools healthier, and it also applies to...
Aug
10
Casey Anthony Escapes Jail, Not Tax Fines
Casey Anthony may have been acquitted for the murder of her 2-year old daughter, Caylee. But Florida prosecutors are still trying to make her pay. Prosecutors Go After Accused Mom to Pay Case Costs It’s not in jail time, but state prosecutors are l...
Jun
30
Washington in Uproar Over Debt Limit
Washington is seeing a bit of drama unfold. President Obama and Republican leaders in Congress face off over tax breaks and their impact on the nation’s long-term spending. This can affect the debt limit. Obama squares off with Republicans! The deb...
Jun
16
Breaking: Doing business overseas?
One of the best things about the internet and a globalized economy is the ability to do business overseas. Even from the comfort of your living room. With the click of a mouse, you can transfer funds to build a factory in China. Or you can invest in ...
May
08
General Electric Skips out on Taxes!
If you’ve been watching the news lately, then you may have heard that General Electric – one of the US’ largest corporations – paid no taxes in 2010. That’s right, the conglomerate that makes everything from appliances to jet engines with b...
Apr
10
So, Why is Tax Day on April 15th?
For millions of Americans, April 15 is that dreaded day when we go head-to-head with the IRS, making that trip to the post office or sitting at the computer to file our tax returns. It either goes well with a nice refund heading our way, or it goes b...
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