California Tax Attorney Internal Revenue Service IRS TAX and United States Tax Court US TAX COURT released information regarding tax fraud related scams using the name of the IRS and US Tax Court. Economic Stimulus Payments Scam In this scam, a taxpayer receives an e-mail pretending to come from the…
IRS Tax Lawyer Internal Revenue Service IRS TAX and United States Tax Court US TAX COURT released information regarding tax fraud related scams using the name of the IRS and US Tax Court. “Taxpayers should take steps to keep their personal information out of the hands of identity thieves,” said…
California Tax Attorney: Internal Revenue Service IRS TAX announced that California businesses and associations have until Aug. 31 to submit tax issues to the Internal Revenue Service to be included in the Fall 2008 review in the Industry Issue Resolution (IIR) Program so that these issues could be resolved outside…
Los Angeles Tax Attorney: The Internal Revenue Service IRS TAX has released for public comment draft revisions to Form 1065, U.S. Return of Partnership Income, Form 1120, U.S. Corporation Income Tax Return, and certain related schedules. Included in the release are new Schedule B for Form 1120 and Schedule C…
Los Angeles Tax Attorney: Internal Revenue Service IRS Tax Audit case. In a recent IRS Tax Court case, DOUGLAS K. AND GAYLE L. BARRETT, Petitioners v. COMMISSIONER OF INTERNAL REVENUE SERVICE, Respondent, July 21, 2008, California taxpayers filed a US Tax Court US TAX COURT Complaint against the IRS for…
Los Angeles Tax Attorney Internal Revenue Service IRS TAX today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The…
Los Angeles, California – IRS will be improving IRS tax procedures to protect victims of tax-related identity theft and expanding outreach and education to individuals who have lost their homes to foreclosure concerning the “cancellation of debt” tax consequences they face. IRS Taxpayer Advocate’s office stated that IRS tax procedures…
Sacramento woman guilty of grand theft, state tax fraud On April 3, A Sacramento woman pleaded no contest to one count of grand theft with an enhancement for a theft involving more than $150,000 and three counts of filing false state income tax returns. Jill L. Platt, 36, pleaded no…
Los Angeles Tax Attorney – Economic stimulus payments directly deposited into IRAs and other tax-favored accounts may be withdrawn tax-free and penalty-free, the Internal Revenue Service announced today. This relief is designed to help taxpayers who may have been unaware that by choosing direct deposit for their entire regular tax…
California Franchise Tax Board lists names of individuals and businesses that owe taxes to the state. Top 250 who owe taxes to California FTB According to the FTB, there are several notable individuals owe a lot of taxes to FTB. Among the list are O.J. Simpson, the comedian Sinbad, and…