Unlike numerous cases of other influential people who tried to evade their taxes, the story of famous 'Lean Back' rapper Fat Joe is the story of a man who recognized the problem and set about solving it. He personally approached the IRS and turned himself...
Did you know? The Internal Revenue Service (IRS) assesses around 39 million penalties each year, but only 11% are abated. And that is only because many don’t request or know how to request abatement. If you have ever found yourself owing the IRS money for previous...
Every year, scammers pose as the Internal Revenue Service (IRS) in an attempt to steal personal information and money from oblivious taxpayers. Though IRS scams are not exclusive to tax season, they are, however, more prominent in the months leading up to tax deadlines. Usually, there...
The most recent per diem regulations were passed in 2017 and immediately took effect for the next year's tax season. Although that was four years ago, there is still a lot of confusion about the changes in per diem for truckers. Since there is a lot...
Tax evasion has been a long-standing problem for the Internal Revenue Service. Tax cheats cost both state and federal governments hundreds of billions of dollars - every year! It is estimated that tax evasion's collective cost, just over the last decade, amounts to $3 trillion....
