Interesting Facts About the IRS
-When the IRS tax form 1040 was first introduced in 1914, it had only 3 pages including instructions. Today, it has 101 pages of instructions. -The IRS requires you to declare all sources of illegal income (i.e. embezzlement)—they can’t prosecute you for the activity, but they can prosecute you if you don’t report the income. […]
The IRS Throws a Cog in the Wheel of Machine Parts Business Owner
Larry Lester Larson of Tucson, AZ was sentenced to one month of prison and fined $15,000 for his conviction of tax evasion. Prior to his sentencing, Larson made full restitution to the IRS in the amount of $322,936.23. Larson was the owner of State Industrial Supply Corporation, which distributes machine parts. During the tax years […]
Your IRS Questions Answered Here…
Question: I have a huge tax amount owing, the IRS is harassing me and I need help. I got a quote from another company at a much lower price. Why should I go with you? Answer:  If someone quoted you a much lower fee, think about this: do you think an experienced tax resolution CPA, […]