While most taxpayers get a refund from the IRS when they file their taxes, some do not. The IRS offers several Payment Options for those who owe taxes. Here are eight tips for those who owe federal taxes. Tax bill payments. If you get a bill from the IRS this summer, you should pay it…
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Liechtensteinische Landesbank Turned Over 200 Clients to US government.
We originally posted on Monday, July 22, 2013, Liechtensteinische Settlement with US is Imminent! Now Vaduz-based bank Liechtensteinische Landesbank (LLB) has agreed to pay the US government more than USD23.8 million in return for the dropping of charges of helping American clients evade tax between 2001 and 2011. The forfeiture comprises USD16.3 million of revenues…
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Florida's Sales Tax Holiday is This Weekend!
On Friday, July 26, 2013 we posted Are You Ready for Back-to-School Sales Tax Holidays? where we discussed that there are currently 17 states offering sales tax holidays where state sales tax chargesare temporarily dropped on back-to-school items such as clothing, footwear, classroom supplies, computers and certain other products. This is to remind you that Florida's Sales Tax…
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Federal Courts Authorize John Doe Summonses Seeking Identities of Credit Card Use For Norweign Tax Authority!
Ten Lawsuits Initiated Pursuant to Tax Treaty Between United States and Norway; Seven Petitions Granted, Three Petitions Remain Pending The Justice Department announced July 29, 2013 that federal courts in Minnesota, Texas, Pennsylvania, Oklahoma, Virginia and California have entered orders over the past week authorizing the Internal Revenue Service (IRS) to serve John Doe…
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