Interesting IRS Historical Fact Of The Month
In 1952, the IRS (which was known at the time as the Bureau of Internal Revenue) had a tax collector position where the employee’s only responsibility was to read newspapers and magazines for stories that might catch people evading paying taxes. Upon reading an article in the New York Times about a successful “boy wonder†[…]
Private collections agencies pursue liens aggressively
If there’s a lien on your home or other property, it’s best to address it right away. That’s because municipal governments are increasing turning to private collections agencies to recover unpaid property taxes. These private collections agencies often use more aggressive and punitive tactics than the government, and charge higher interest rates. Many whose liens […]
Does Trump have to reveal his income tax returns?
There is no requirement that a person running for public office has to make their income tax returns public. Presidential candidates must file financial disclosure records, which describe their income and assets, but financial disclosure records do not reveal how much a person paid in taxes. According to The Washington Post, Trump’s tax information from […]