IRS Fun Fact
Richard Nixon’s tax return showed an income of $200,000, and in 1970 paid $792.81 in federal income tax and $878.03 in 1971, with deductions of $571,000 for donating “vice-presidential papers.
IRS Dirty Dozen Scams
The Internal Revenue Service today wrapped up issuing its annual “Dirty Dozen” list of tax scams. The IRS reminds taxpayers to remain vigilant to these often aggressive and evolving schemes throughout the year. Phishing:Â Taxpayers should be alert to potential fake emails or websites looking to steal personal information. The IRS will never initiate contact with […]
Massachusetts Couple Could Face Long Prison Term
Gary DeCicco and Pamela Avedisian of Nahant, MA, were charged with multiple felonies, including two counts of tax evasion, one count of conspiracy to commit bank fraud, four counts of wire fraud and six counts of engaging in unlawful monetary transactions. Between April 2012 and February 2013, DeCicco told the IRS that he did not […]