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Electronic filing of federal income tax forms is free for all taxpayers this year, regardless of income, the Internal Revenue Service said Wednesday. People who can do their own returns and don’t need special computer software can file free online beginning Friday at the Web site www.IRS.gov . Doing so will save the price of a stamp and the time it takes to process ...
PLYMOUTH — The town is working with an Internal Revenue Service tax advocate to avoid paying a hefty penalty for 2006 tax return inaccuracies.
Are you missing your tax refund? According to the IRS, 20 taxpayers in the area are missing out on their refund due to mailing address errors.
D aniel Joel Gleason , a former tax director of "The Tax People, Inc.," was sentenced to 78 months in federal prison for tax fraud this morning in a Kansas City, Kan., court. He is also required to pay more than $3 million in restitution and can no longer prepare tax returns. He pleaded guilty to one count of conspiracy to defraud the Internal Revenue Service and to defraud clients through mail ...
RIVERWOODS, Ill. & SAN LUIS OBISPO, Calif.----Today CompleteTax® and CharityDeductions.com™ announced a new partnership that will give taxpayers a simple and accurate way to maximize their charitable contributions deduction and reduce their taxes.
A Minneapolis blues musician has been convicted in St. Paul federal court of evading more than $330,000 in federal income taxes owed for several recent tax years.
Taxpayers can find out how they can get the most out of new recovery tax breaks and get a jump on preparing their 2009 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov.
Dear Dr. Don, Is there a tax on giving money to a relative? -- Johnny Jimmy Dear Johnny, Yes, there is. Known as a "gift tax," it is paid, in most cases, by the person who made the gift. The person receiving the gift does not have to pay income tax on the value of the gift received.
REHOBOTH BEACH -- With tax season approaching, accountants and tax experts say now is the time for people to begin gathering their financial documents and take last-minute steps to increase deductions.
CAMDEN — The owner of a New Jersey tax preparation service has been sentenced to a year in federal prison for filing returns with phony deductions to get clients bigger refunds.
With recent legislation shutting down loan modification companies and banks not honoring requests from individuals, distressed homeowners are left without hope. Enter United Law Group, a firm that is helping current and former homeowners who were victimized by unscrupulous lenders and mortgage servicers with litigation, class action lawsuits and a reduction of up to 50% on bankruptcy filing fees ...
The nonprofit Kilpatrick Civic Fund could lose its tax-exempt status for paying $45,000 in moving expenses, rent and hotel bills for Kwame Kilpatrick, while Detroit's ex-mayor could face criminal charges if he willfully failed to report the money as income, tax experts said.
MOUNTAINSIDE, N.J. People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their tax bill as well.
Are you one of the more than 100,000 people who had an IRS refund check sent back because your mailing address was wrong?
Newspaper publisher sentenced in scam A 43-year-old publisher of Russian-language newspapers and magazines was sentenced Monday to eight years in federal prison for running a complicated “cash-back” scheme that helped several perpetrators of health-care fraud avoid paying taxes, prosecutors said.
One year to the day after he pleaded not guilty to federal charges, Tom Petters was convicted Dec. 2 in U.S. District Court on all 20 counts of mail and wire fraud, conspiracy and money laundering he faced for defrauding investors out of $3.65 billion.
