Tax Watch: 10 states join IRS’ offshore amnesty initiative
The Internal Revenue Service has announced that a total of 10 states have indicated they will grant special…
Tax Watch: Another four months to file? It’s automatic, the IRS says
It must be that time of the year again. The Internal Revenue Service is reminding individuals that they…
Tax Watch: Individuals under gun for offshore schemes
The Department of Justice has filed summons enforcement petitions in seven district courts against 10 MasterCard credit card…
Tax Watch: Bush hopes tax cut ‘sales trip’ pays dividends
President Bush’s economic team continues to travel around the country to sell Americans the administration’s $726 billion tax…
Tax Watch: High court hears arguments on state residency
The U.S. Supreme Court recently heard oral arguments to decide if a Nevada taxpayer has the right to…
Tax Watch: Budget plan would cut funding for IRS by 28
On Feb. 3, the White House released its fiscal year 2004 budget plan, which not only included President…
Tax Watch: Shelter amnesty window open till April 15
People who use offshore credit cards to hide income and evade taxes can avoid criminal charges if they…
Tax Watch: The new, improved IRS (website, that is)
For the first time, more than 60% of all taxpayers will be able to electronically file tax returns…
Tax Watch – The wages of corporate sin: Tax writeoffs
Believe it or not, the many companies running afoul of the Securities and Exchange Commission and Congress’ hearings…
Tax Watch: Final regulations on treating self-charged items
The Internal Revenue Service has issued final regulations that provide guidance on the treatment of self-charged items of…