Articles Tagged with IRS

Tax Day Freebies — Today’s the Day For Free Stuff!

Tax Day Freebies — Free Stuff For April 15, 2014.

Tax day freebies are perhaps the only redeeming aspect of April 15 every year. And while only a few organizations used to give out free items or services on tax day a few years ago, the number of tax day freebies now is growing into quite a list. Forbes has put some work into compiling… Read more »

Avoiding The Big, Bad IRS: 3 Things You Need To Know

IRS-BUILDING

Benjamin Franklin is reputed to have said that “In this world nothing can be said to be certain, except death and taxes.” Almost everyone knows this phrase. What is less well known is the observation by Will Rogers that “The only difference between death and taxes is that death doesn’t get worse every time Congress… Read more »

Bill Gates Fears ‘Robots’ Will Soon Take Over Many Low Skilled Jobs

software automation jobs

Bill Gates believe that neither the federal government nor the American people are prepared for the sweeping changes that will soon be occurring in the labor market. If the Microsoft giant is right, “software substitution” will one day soon replace the need for a significant chunk of the labor force. Over the course of the… Read more »

What Ted Cruz Said At CPAC Shocked Liberals Across America

IRS

Ted Cruz appears to never shy away from saying what is on his mind and remained true to form during his CPAC speech. The Senator took to the podium an announced that the United States should abolish the IRS. The Tea Party Republican feels that American should be able to file their taxes on the… Read more »

Michael Jackson’s Estate Made $600 Million In Revenue

Michael Jackson's estate

Even though the Michael Jackson Estate has experienced debt, it turns out they still made a pretty penny after Jackson’s death in 2009. It’s been five years since the King of Pop left the world, and apparently during that time Michael Jackson’s estate made a big pay-day. The impressive figure of $600 million is in… Read more »

Lil Wayne Owes US Government $12 Million Dollars

lil-wayne-owes-us-government-12-million

Lil Wayne isn’t very happy with how March started this year. The rapper just got slapped with a federal income lien by the IRS for a whopping $12 million dollars in unpaid taxes. $12,155,084.46 to be exact. Yep, the IRS didn’t even forgive the extra 46 cents. According to a scoop by Gossip Extra, the… Read more »

Michael Jackson Net Worth: Why The IRS Death Tax Is Wrong

Michael Jackson Net Worth: Why The IRS Death Tax Doesn't Make Sense

If you consider Michael Jackson’s net worth and the reality of the IRS death tax it seems to be a case where these taxes on inheritance show just how crazy the tax code can be. In a related report by The Inquisitr, Jackson’s estate is claimed to owe $702 million in taxes. The executors of… Read more »

Michael Jackson Estate: IRS Claims Estate Owes A Whopping $702M

Michael_Jackson

The Michael Jackson estate appears to be in hot water with the IRS these days. According to TMZ, the pop icon’s estate is reportedly being accused of cheating taxpayers out of a staggering affluence. The media publication reports that the IRS is looking to recover taxes amounting to more than $700 million on profits garnered… Read more »

IRS Accused Of Targeting Hollywood Conservatives

Gary Sinise

The IRS has been accused of targeting Hollywood conservatives. The Tea Party and patriot groups targeting scandal by the Internal Revenue Service has barely subsided and the federal tax agency is making headlines again. Gary Sinise, Jon Voight Kelsey Grammer and other notable entertainers are Friends of Abe members. The group has reportedly faced extreme… Read more »

IRS.gov Free File Tax Returns Won’t Begin Until January 31st [Video]

IRS-Help

IRS.gov allows taxpayers a free tax filing system through its e-filing method, which has been growing in popularity. But this year, taxpayers will have to wait a little longer to get the refunds some have been waiting anxiously for. The IRS.gov free tax filing system won’t begin accepting returns for 2013 taxes until January 31…. Read more »

Costa Rica Will No Longer Allow Americans To Avoid Taxes

Costa Rica will not longer allow Americans to evade taxes

Costa Rica has been a refuge for wealthy Americans seeking to avoid the steep rates they face in the Untied States, but that’s about to change. Starting in January the Central American country along with the Cayman Islands, another popular investing destination will be off limits. The US Treasury Department announced new agreements last week,… Read more »

Americans Renouncing Citizenship Due To Tax Law

Americans are renouncing their citizenship in record numbers recently because they seek a tax break. The Wall Street Journal is reporting that a record number of citizens want relief from the massive amounts of paperwork required by U.S. tax law. The 1,130 citizens that renounced their U.S. citizenship in the second fiscal quarter of 2013… Read more »

IRS Gay Marriage Tax Issues Increased After Supreme Court DOMA Decision

IRS Gay Marriage Tax Issues Increased After Supreme Court DOMA Decision

IRS gay marriage taxes are increasing after the Supreme Court’s DOMA decision. As previously reported by The Inquisitr, gay marriage in England is now legal thanks to Queen Elizabeth. No announcement has been made whether British gay couples will see their taxes rising, as well. Starting April, 2014, same sex couples will be required to… Read more »

Christine O’Donnell Claims IRS Illegally Breached Tax Records

Christine O'Donnell Tax Records May Have Been Illegally Breached By IRS

Christine O’Donnell, former Delaware Tea Party candidate, has claimed the Internal Revenue Service (IRS) illegally breached her tax records in 2010. The revelation came to O’Donnell by way of Dennis Martel, a US Treasury Department agent, who passed along the warning in January, O’Donnell said in comments to the Washington Times. O’Donnell said that she… Read more »

IRS Scandal: Lois Lerner Demands Immunity For Testimony

IRS Scandal: Lois Lerner Demands Immunity For Testimony

The IRS scandal took a new turn when Lois Lerner demanded immunity in return for her full testimony. As previously reported by The Inquisitr, the IRS scandal involves the targeting of groups related to the Tea Party, jews, patriots, conversatives, and other political buzzwords. The IRS supposedly subjected 100 percent of all such groups to… Read more »