Grant available for taxpayer clinics
- LOOK, MOM, MY FIRST TAX RETURN! // Newsweek;3/13/2006, Vol. 147 Issue 11, p64
The article offers advice to workers filing U.S. income tax forms for the first time in 2006. Organizing records is recommended, and tax forms are available from irs.gov. Filers should avoid common errors by reviewing their returns several times. Tax forms can be mailed or filed online with...
- IRS Releases Long-Awaited Update to Plan Qualification Correction Program. // Benefits & Compensation Digest;Aug2006, Vol. 43 Issue 8, Special section p7
The article reports that the U.S. Internal Revenue Service released an updated version of its Employee Plans Compliance Resolution System (EPCRS), the comprehensive system of correction programs for retirement plans that have failed to meet one or more of the Internal Revenue Code's...
- Federal and State Tax Records Retention. Tunnell, Larry; Seipel, Cindy; Scribner, Ed // CPA Journal;Apr2008, Vol. 78 Issue 4, p9
The article provides simple tables, based on federal and state statutes, as guidance for retention of evidence supporting income tax returns in the U.S. With respect to federal income tax returns, most taxpayers can safely keep supporting records for five years. Assessment of federal income tax...
- Tax Cheats Snub Spend-Crazy Feds. Evans, Michael K. // Industry Week/IW;Apr2006, Vol. 255 Issue 4, p48
Discusses issues related to taxation in the U.S. Total federal income taxes and total compensation earned by employees and individual proprietors in 2005; Result of the study conducted by the U.S. Internal Revenue Service on federal income taxes; Budget deficit of the federal government in 2005.
- Plaintiffs fight IRS over taxes on attorney contingency fees. Stinson, Sonya // New Orleans CityBusiness (1994 to 2008);2/9/2004, Vol. 24 Issue 33, p30
Reports on the insistence of the Internal Revenue Service for plaintiff to pay taxes in contingency fees in the U.S. Taxation of contingency payment to an attorney; Consideration of the contingency fees as taxable income; Need for tax code reform.
- Treatment of Community Income. // Practical Accountant;Oct2000, Vol. 33 Issue 10, p20
Focuses on United States Internal Revenue Service's issuance of a service center advice memorandum dealing with treatment of a community income. Chance for a married person to file a separate return that reflects a community split of income; Possible disregard of community property laws.
- FOREIGNER'S U.S. REAL ESTATE OBLIGATIONS. // Practical Accountant;Dec2005, Vol. 38 Issue 12, p18
The article reports on the issuance of Fact Sheet 2005-16 by the Internal Revenue Service that reminds all real estate and tax professionals about the withholding tax and filing obligations with respect to two transactions in which a foreign person disposes of a U.S. real property interest.
- Final Code Section 199 regs are not the final guidance. Jones, George G.; Luscombe, Mark A. // Accounting Today;7/10/2006, Vol. 20 Issue 12, p10
Provides information on the new regulations under Code Section 199 released by the U.S. Internal Revenue Service. Clarifications included in the final regulations; Position of the proposed regulations on online software; Methods proposed by the U.S. Internal Revenue Service for calculating W-2...
- NO TAXEE, NO SHIRTEE. Dunne, John Gregory // Saturday Evening Post;4/9/1966, Vol. 239 Issue 8, p20
Presents an article about the experience of a customer of a New Deal Laundry which closed for non-payment of income tax. Appeal made to the U.S. Internal Revenue Service regarding his laundry; Difficulties encountered in claiming the laundry.