Officials at the Internal Revenue Service are looking to hire more employees to handle tax enforcement, compliance and administration of the tax code, even as more of the IRS’s older workers retire and leave the agency, particularly after the month-long government shutdown last December and January. A Series Of Top IRS Officials Made A Pitch…
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Top 1% Say Presidential Candidates: It’s Time to Tax Us More
Some of the nation’s most privileged heirs and entrepreneurs, who have made spectacular fortunes in real estate, finance and Silicon Valley have collectively united on the need to tax more of the richest Americans’ assets. In a letter published on June 24, 2019 on the website Medium.com calls for "A Moderate Wealth Tax On The…
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Virginia Tax Lobbyist Pleads Guilty to Filing a False Tax Return – REALLY?
According to DoJ, An Alexandria, Virginia, tax lobbyist pleaded guilty on June 21, 2019 to willfully filing a false tax return. According to court documents, attorney James F. Miller, 67, underreported his gross income on his 2010 through 2014 tax returns by approximately $2,215,587. Miller, a tax policy lobbyist and former employee of the…
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Breaking News – SC Says States Can't Tax Nonresident Trust Benefits
On April 17, 2019 we posted US S.C. Heard Oral Arguments on Whether States Can Tax Out-of-State & Foreign Trusts where we discussed that the Supreme Court will hear a case that may clarify how much states are able to tax and that in April, the Supreme Court of the United States will hear an appeal…
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