Well, this is the third time around, and the IRS is trying it yet again. The third time is the charm, right? In 1996 the pilot program launched and was halted quite abruptly after 12 months and a net loss of $17,000,000. In 2006 they...
As you may already know, the IRS requires individuals without a SSN to get an ITIN (Individual Taxpayer Identification Number). In the past, these numbers were not required to be renewed, but this is the second year of the renewal program. The IRS is attempting...
Last week a business man in Getzville NY was sentenced to probation and fined for filing false tax returns. He ran a medical transportation company and a taxi service for several years. From 2007 through 2010 he did not deposit his cash into his corporate bank account. All...
Last week the IRS came out with yet another warning. It seems that the Electronic Federal Tax Payment System (EFTPS) has been linked to a new scam. In this scam (like many others) they are asking for an immediate payment via a prepaid debit card. In a new...
