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†[…]
Beware of charity scams related to the Orlando shooting
As if the horrific recent shooting at an Orlando nightclub wasn’t bad enough, the IRS is now warning of potential scams that aim to take advantage of people’s desire to help the victims and victims’ families. According to the IRS web site, people wishing to make contributions to charitable organizations to help healing and recovery […]
Can you discharge tax liens in bankruptcy?
There are certain types of tax debt that, under certain circumstances, can be discharged in a bankruptcy filing. However, if a tax lien existed on your property before you filed for bankruptcy, the lien will remain, even if you are no longer required to repay the tax debt in question as a result of the […]