Virginia Beach: For City Council
The Virginian-PilotOctober 31, 2011
Sherrod, who owns an engineering technology consulting firm, owed the state and federal governments nearly $400000 and twice in the past decade has had IRS liens against him. Sherrod says he learned of the underpayments through a government audit and ...more »
IRS offers a break for reclassifying employees
Houston ChronicleOctober 30, 2011
It's called the Voluntary Classification Settlement Program (VCSP) and is meant to encourage employers to come into compliance with respect to their worker classifications. The program allows employers to voluntarily correct misclassification issues ...more »
Penn. fined Pavone's charity
Amarillo.comOctober 30, 2011
The IRS revoked Gospel of Life's tax-exempt status last year for failing to file required records with the agency. Priests for Life raises money to combat legalized abortion. Entries in its tax returns and audits included a $170000 “employee loan” on ...more »
State audit finds hospital interest money not recorded
Post-TribuneOctober 29, 2011
The incident made headlines in July when Porter County Attorney Gwenn Rinkenberger wrote a letter to the county sheriff and prosecutor asking them to investigate the missing funds. Further actions led to the commissioners' dismissal of shelter director ...more »
State audit finds hospital interest money not recorded
Post-TribuneOctober 28, 2011
The incident made headlines in July when Porter County Attorney Gwenn Rinkenberger wrote a letter to the county sheriff and prosecutor asking them to investigate the missing funds. Further actions led to the commissioners' dismissal of shelter director ...more »
Trial begins for Dothan couple in tax evasion case
Dothan EagleOctober 27, 2011
Yarbrough said the Ervins believed the erroneous advice that the money invested in the properties, which were placed into trusts, was all tax exempt. Etheredge said there was no intentional act behind the amount in the deposits his client made at her ...more »
When a Law Loses Its Teeth, Can the Reform Still Bite?
California HealthlineOctober 26, 2011
A recent audit by the US Treasury Department's inspector general for tax administration said the IRS is meeting the technological requirements of the tax-related provisions in the federal health reform law and the challenges posed by dozens of changes ...more »
BAB Audit Prompt Concerns
Bond BuyerOctober 26, 2011
She also said the IRS has begun auditing about 25 pooled bonds issued after May 17, 2006, to see if the issuers are complying with tax law changes that require there be written loan commitments and that bonds are redeemed if the proceeds remained ...more »
State auditor: former Grove City payroll clerk must repay more than $67000
Columbus DispatchOctober 25, 2011
The audit was requested by the city's former police chief, after the city could not account for more than $1 million in past-due payroll taxes. Much of tax withholdings have been returned to the Internal Revenue Service. In April, the IRS waived about ...more »
New Credit Card Reporting Requirement Worries Some Taxpayers
ForbesOctober 25, 2011
I landed in the City of Brotherly Love by way of Temple University School of Law. While at law school, I interned at the estates attorney division of the IRS. At IRS, I participated in the review and audit of federal estate tax returns. ...more »
Wonkbook: Obama's big new mortgage plan
Washington Post (blog)October 25, 2011
Health Care The IRS is on track for enforcing health reform, reports Bernie Becker: "The IRS appears to be meeting the technological challenges sparked by the overhaul of the US healthcare system, a new federal audit has found. ...more »
Legal & Public Notices 10/23/11- Substitute Trustee's Sales & Notice of ...
Murfreesboro PostOctober 24, 2011
If the US Department of Treasury/IRS, the State of Tennessee Department of Revenue, or the State of Tennessee Department of Labor and Workforce Development are listed as Interested Parties in the advertisement, then the Notice of this foreclosure is ...more »
Swiss Banks Said Ready to Pay Billions, Disclose Customers
BusinessWeekOctober 24, 2011
The US Justice Department also may bring criminal charges or civil enforcement actions against any of the 11 financial institutions. They could avoid prosecution by separately paying fines, admitting wrongdoing and disclosing data, the people said. ...more »
IRS Announces PTIN Renewals, Changes
ForbesOctober 24, 2011
I landed in the City of Brotherly Love by way of Temple University School of Law. While at law school, I interned at the estates attorney division of the IRS. At IRS, I participated in the review and audit of federal estate tax returns. ...more »
Swiss Banks Said Ready to Pay Billions, Disclose Customer Names
BloombergOctober 24, 2011
After a US indictment of two Julius Baer bankers this month, the bank said it “is one of a number of Swiss financial institutions supporting the ongoing tax negotiations between the US and Switzerland” and is cooperating with the US probe. ...more »