The US Supreme Court heard arguments today concerning the US Tax Court’s failure to disclose opinions in large cases. The Tax court stopped publishing these opinions, even refusing to reveal them to taxpayers, since 1983. If the case is successful, taxpayers will now...
Category: Tax and Taxation Law Location: FL Subject: IRS Liens & Gifts to Children My father is old, sick, under med care, no longer working, has no assets, no real estate but owes the IRS approximately $30k due mistakes his accountant made in 95, 96, 97 & 98....
=========== Question: http://www.lawguru.com/cgi/bbs/mesg.cgi?i=27320174 =========== Category: Tax and Taxation Law Location: VA Subject: Tax law if married a man who owes taxes I want to marry a man who owes back taxes.i am not sure if i do, will i be held for his...
Should an Extension be Given to the IRS to continue an Audit? =========== Question: http://www.lawguru.com/cgi/bbs/mesg.cgi?i=556453537 =========== Category: Tax and Taxation Law Location: MA Subject: Audit Extension The IRS has been auditing my 2001 Federal return...
IRS can accept Installment Agreements to pay PArt of Tax Due. New Internal Revenue Code Sec. 6603 provides for the Partial Payment of Tax Liability in Installment Agreements This new section clarifies the IRS authorization to enter into installment agreements with...
New Mileage Rates for 2005 WASHINGTON — The Internal Revenue Service today released the optionalstandard mileage rates to use for 2005 in computing the deductible costs ofoperating an automobile for business, charitable, medical or moving expensepurposes.Beginning...
EARNED INCOME CREDIT WORTH UP TO $4204 People who earned under $34,692 in 2003 might qualify for the Earned Income Credit (EIC). Refundable tax credits like this one usually mean more money in your pocket because they either reduce the amount of tax you owe or they...
HOSPITALS WOULD NO LONGER BE EXCEPTED FROM PAYING EMPLOYMENT TAXES FOR MEDICAL RESIDENTS UNDER IRS PROPOSAL In what some analysts characterize as an attempted end run around court decisions that cut in the opposite direction, the Internal Revenue Service issues a...
PA. COURT OKS CLASS SUIT AGAINST H&R BLOCK FOR E-FILING FEE Suits filed against H&R Block alleging unnecessary fees for electronically filing clients’ tax returns may be tried as a class action and need not be arbitrated individually, the Pennsylvania Superior...
HELP FOR CHILD TAX CREDIT AVAILABLE ON IRS.GOV The Internal Revenue Service reminds practitioners that taxpayers claiming the Child Tax Credit cannot claim the full $1,000 per child if they received an advance payment check last year. When figuring the credit, they...