As Trump surrogates rev up their attacks on Bob Mueller's character and affiliations, Fox News' Steve Doocy assailed Mueller for potentially looking into Trump's tax returns. Fox and Friends opened up their program by bashing special...Show More Summary
Donald Trump is the most conflicted president in modern US history. He handpicked his daughter and son-in-law as leading advisers, is the only modern-day president to have never released his tax returns, and continues to profit from multi-national businesses bearing his name. Show More Summary
There may not be a lot that Donald Trump likes about the special investigation into Russian meddling in the 2016 election ran by Robert Mueller, but the President is especially unhappy that it now includes a look at his tax returns.Show More Summary
President Trump’s tax returns spurred Rachel Maddow to a countdown to nothing. They’ve spurred memes online and angry retorts from the president, and despite many promises from Trump to release them after an audit was complete, the public,...Show More Summary
President Donald Trump is incensed at reports that Robert Mueller, a former FBI director leading the independent investigation into possible collusion between the Trump campaign and Russia, is investigating Trump's business dealingsShow More Summary
Could a robot be doing your tax return? There was a time when that sounded far-fetched. But according to EY Americas Tax Talent Leader Martin Fiore, it's happening already.
Mortgage Fraud Blog. Richard Pierce, a Michigan business owner, was sentenced to serve a year and a day in prison for obstructing and impeding the internal revenue laws and committing bank fraud. According to documents filed with the...Show More Summary
Speaking at the Press Club on Wednesday July 6, ATO Commissioner Chris Jordan stated that the ATO will be “lifting their attention, scrutiny and enforcement” in the area of work related deductions when individuals complete their tax returns this year. Drawing comparisons between the estimated tax gap (what the ATO gets compared to what they […]
An innocent spouse defense is used to get relief from the typical joint and several liability that exists for joint tax returns. If you filed a joint return, and your spouse erroneously understated the amount of tax owed, you can attempt to claim innocent spouse relief. If you are successful, the IRS will not attempt […]
Paid tax return preparers must sign their clients' 1040 forms and include their IRS-issued professional ID number. The IRS lost a court case to charge a fee for the identifiers, known as PTINs, but is seeking a stay of that order pending possible appeal of the case. Show More Summary
Last fall, after Donald Trump accused Warren Buffett of taking a "massive deduction" on his taxes during a presidential debate, Buffett responded by issuing a press release saying he had never used the deduction Trump referred to.
Every year, Canadians prepare their tax returns for the CRA. With a week to go before the tax deadline, you might be looking for the right tax software to get you through it. A number of readers might normally complete their taxes with full versions of TurboTax or Ufile. Show More Summary
A former high-ranking Rhode Island lawmaker is scheduled to report to federal prison for his sentence on charges including fraud, identity theft and filing false tax returns. WJAR-TV reports (http://bit.ly/2uIAXWP … Click to Continu...
TTAC commentator lilpoindexter writes: Sanjeev (ha-ha), I am in quite a pickle. I just got my fat tax return and I want to get SOMETHING. I suggested an OG Toyota Sienna to the wife so we could take our bikes out and go bike riding. However, like most women, she wasn’t too excited about a […] The post Piston Slap: Deep Dish Panther Love? appeared first on The Truth About Cars.
In March, Rachel Maddow quickly built up an unprecedented level of hype for an MSNBC show by teasing that she had obtained Donald Trump’s tax returns. It later turned out that she had one page from his taxes in 2005, but while the “reveal” was widely derided, it did give Maddow a huge ratings boost. Show More Summary
Thinking of picking up a side hustle? Here's what you need to know about reporting your extra income on your tax return.
A 48-year-old Fullerton man was sentenced Wednesday, June 28, to 21 months in federal prison for falsely claiming to be a certified public accountant and preparing and filing numerous fraudulent income tax returns. Also, Michael Raymond Martinez claimed to be a former Internal Revenue Service agent, according to the U.S. Department of Justice. Operating under dbusiness […]
Federal prosecutors say a San Jose woman has pleaded guilty to charges that she stole social security numbers from homeless people and used them to file false tax returns. The … Click to Continue »
Criminal tax charges can be brought against both parties on joint tax returns. This doctor and his wife both got three years' prison time.
Warren Buffett thinks that the Republican healthcare bill has one goal: to help rich people like him. During an interview with PBS NewsHour on Tuesday, the legendary investor brought along his tax return from last year to show just how...Show More Summary