When the Affordable Care Act (aka "Obamacare") was fully rolled out, people knew that it would likely make filing tax returns more complicated. What they weren't counting on was complications due to widespread errors. Yet it was recently reported that about 800,000...
Month: February 2015
IRS may be accepting more offers in compromise than in the past
There was a time when "haggling" was considered a legitimate strategy in most transactions. These days, big-box retailers and grocery stores are not really willing to listen to customers trying to pay less than the advertised price. Haggling is now pretty much limited...
IRS warns that tax season is also tax-scam season
With tax season now in full swing, IRS employees and tax professionals are not the only people working overtime. This time of year is an especially busy time for tax scam artists, who seemingly make a comfortable living by defrauding the government and taxpayers.Each...
One business sees return of money seized in civil asset forfeiture
In October of 2014, we wrote about a controversial practice that the Internal Revenue Service and certain other government agencies have been employing for years. A process called civil asset forfeiture allows the IRS to confiscate the entire balance of bank accounts...