Tax Joke of the Month

“Today is April 1, April Fools’ Day, a day that people try to fool their friends and relatives. Don’t confuse that with April 15, when people try to fool the IRS.”   –Jay Leno

Tax Facts from the IRS

The IRS closed almost 3.3 million cases under the Automated Underreporter Program, resulting in nearly $6.7 billion in additional assessments. The IRS assessed more than $12.5 billion in additional taxes for returns not filed timely and collected more than $1.6 billion with delinquent returns.  The IRS assessed $26.5 billion in civil penalties.  More than $11 […]