Blog Profile / Don't Mess With Taxes


URL :http://dontmesswithtaxes.typepad.com/
Filed Under:Business & Finance / Taxes
Posts on Regator:2631
Posts / Week:6.5
Archived Since:September 28, 2008

Blog Post Archive

New tax scam alert: Cons posing as fake IRS agents now calling to 'verify' filers' tax return information

In another post last week, I likened tax security lapses to a wildfire. I've reconsidered that analogy, at least when it comes to the tax crooks who try to breach systems and ensnare us in their schemes. They are like water. They change course as often as needed, finding any tiny opening into which they can drip and then flow. Show More Summary

How long are you willing to wait for your tax refund?

Tax identity theft and related refund fraud are major concerns of U.S. taxpayers. That was clear in the recent Bankrate Money Pulse poll that found 72 percent of taxpayers would be willing to wait longer for their refunds if the delay would help the Internal Revenue Service fight identity thieves. Show More Summary

Filing deadline for 2012 taxes -- and almost $1 billion in unclaimed tax refunds -- is April 18

Nope, that headline date is not wrong. If you didn't file a federal tax return three years ago for the 2012 tax year and were due a refund, you must file that old paperwork by this year's April filing due date to get your money. ForShow More Summary

Church of Scientology is still tax-exempt Recent Internet reports to the contrary are fake

Opponents of Scientology were jazzed yesterday as word spread across the Internet that the controversial church's tax-exempt status had been revoked. They were quickly disappointed. Church of Scientology "Big Blue" building in Los Angeles...Show More Summary

Working for the tax-saving weekend

It's been one of those weeks that makes me totally understand exactly why the TGIF acronym was created. Blarghhhh! Arghhhh! TGIF! The only solace for Milton Waddams, brilliantly played by Stephen Root, in "Office Space" is his red stapler. Show More Summary

Ways & Means chairman promises more Congressional scrutiny of IRS security procedures

This was supposed to be the year that the Internal Revenue Service and its Security Summit partners clamped down on tax identity thieves. So much for the best-laid plans to fight tax fraud. The 2016 filing season has seen a series of tax security concerns, both among private tax service providers and the IRS. Show More Summary

Is Trump 'poor' enough to get NY property tax break?

Crain's New York Business may have shed some light on why Donald J. Trump doesn't want us to see his tax returns. The magazine reports that the billionaire real estate developer got a property tax break designed for New Yorkers making less than $500,000 a year. Show More Summary

Have you received your Obamacare coverage forms yet? Why you need these various 1095 tax-related forms and what to do if you don't get yours

The hubby and I get our medical insurance through his employer. Today we and several of his coworkers got our Form 1095-C in connection with our health care coverage. This is one of two new documents that employers are sending out to their workers in connection with the Affordable Care Act, or as many of us call it (fondly and otherwise), Obamacare. Show More Summary

Trump is last holdout as Kasich releases tax returns

And once again this election season, it comes back to Donald J. Trump. Ohio Gov. John Kasich released seven years' worth of partial tax returns on Saturday, March 5, following the previously set pattern of U.S. Sens. Ted Cruz of Texas and Marco Rubio of Florida. Show More Summary

IRS 'Future State' plans and service, security concerns

As millions of us are still working on our current tax returns, the Internal Revenue Service and its in-house watchdog the National Taxpayer Advocate's office are debating the future of the agency and how that will affect us and our filings in coming years. Show More Summary

IRS Commissioner Koskinen gets public service award

Here's some news guaranteed to get steam coming out of many ears on Capitol Hill. Internal Revenue Service Commissioner John Koskinen last week was awarded the Elliot L. Richardson Prize for Excellence in Public Service by the National Academy of Public Administration. Show More Summary

Wild and weird this week: the GOP debate in Detroit and tax tips that include outrageous deductions

Were you like this cat during last night's debate featuring the four remaining 2016 Republican presidential hopefuls? Is it safe to come out yet? I must confess that I just couldn't stick with the debacle from Detroit. Instead, I followed from a safe digital distance on Twitter. Show More Summary

Former IRS chief says Trump should release tax returns

The calendar says it's Thursday, March 3, but unofficially it's Pile on Donald Trump Day. It began with the Republican Party's 2012 presidential nominee excoriating Trump, calling the New York real estate developer a "fraud" and "phony"...Show More Summary

Doing the weird and wacky tax deduction dance Instead of going out on a shaky tax-break limb, turn instead to legal March tax moves

Deduct! Deduct! That's the tax battle cry each year for many taxpayers, whether they itemize on Schedule A or rely solely on the above-the-line deductions found mostly on the long Form 1040. Both methods offer lots of opportunities to get your earnings down to the lowest possible taxable amount. Show More Summary

March arrives not as lion or lamb, but as a fish phish

The animal heralding March's arrival this tax-filing season is not a lion or a lamb, but a fish, or rather a phish. Yep, a new phishing scheme has emerged, with tax crooks trying out a new scheme that targets payroll and human resources professionals. Show More Summary

Cruz & Rubio release taxes, challenge Trump to do same

Donald Trump's opponents for the Republican presidential nomination have to be jumping for joy (OK, my one and only Leap Day reference, I promise) today with the opening he's provided them by playing coy about his personal tax returns. Show More Summary

A look at IRS seizure, civil forfeiture rules

There are many reasons folks are leery of the Internal Revenue Service, but asset seizures have to be at the top of the list. The IRS isn't the only tax collector to seize assets for nonpayment of taxes. State revenue officers use the process, too. Show More Summary

Facing first-time filing tax fears

If you make money, you generally have to file a tax return. And while some young taxpayers are able to avoid filling out a 1040, every filing season there are a lot of new filers in their 20s or younger fulfilling their tax duties for the first time. Show More Summary

IRS audit doesn't prevent Trump from releasing taxes

That Donald J. Trump. He apparently is special, even in the Internal Revenue Service's eyes. His tax returns have been audited a dozen or so times. They still are under IRS examination, says the Republican presidential nominee front-runner. Show More Summary

Penalty for late tax filing increases in 2017

Paying taxes isn't voluntary. That's why there's payroll withholding to take the money out of our wages before we get our checks. Don't pay your taxes or file late and you'll be hit with a tax penalty. But the Internal Revenue Service...Show More Summary

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